Our Progressive vs. Travelers auto insurance review shows that rates vary significantly, with Progressive averaging $150 per month and Travelers around $125. When choosing between Progressive vs. Travelers, consider not only these rates but also the coverage options and customer reviews. Travelers generally offers lower monthly premiums across most demographics, making it a cost-effective choice for many. However, both companies provide strong ratings and reliable coverage, so evaluating your specific needs is crucial.

Progressive vs. Travelers Auto Insurance Review - AIEZ
The process of auto insurance company comparison can be overwhelming. In an effort to simplify the process, we are going to be focusing exclusively on Progressive vs. Travelers auto insurance today. We will be covering both company pricing and company ratings today in our Progressive vs. Travelers Insurance review.

Before we dig into the details, type your ZIP code into our free and helpful tool above to find affordable auto insurance quotes in your area.

Can't-Miss Facts

  • Progressive vs. Travelers offers different coverage options
  • Travelers typically has lower premiums compared to Progressive
  • Progressive monthly rates are $150 and Travelers costs $125/mo


Table of Contents

Progressive vs. Travelers: The Company That Offers More Affordable Rates to Men

When comparing insurance companies, it’s crucial to focus on what’s most important to you, such as finding the most affordable auto insurance rates. The table below highlights the rates offered to men of different ages by major auto insurers, including Progressive and Travelers, along with their financial strength ratings.Financial Strength Rating - AIEZ

These rates are for single 17 and 25-year-olds as well as married 35 and 60-year old men.

Male Auto Insurance Monthly Rates by Age & Provider

Insurance CompanyAge: 17Age: 25Age: 35Age: 60
Allstate: Progressive vs. State Farm Auto Insurance$684$360$327$345
Geico: Progressive vs. State Farm Auto Insurance$1,140$302$286$280
Liberty Mutual: Progressive vs. State Farm Auto Insurance$1,250$450$331$315
Nationwide: Progressive vs. State Farm Auto Insurance$805$309$243$223
Progressive: Progressive vs. State Farm Auto Insurance$1,113$276$210$202
State Farm:Progressive vs. State Farm Auto Insurance$467$167$127$112
Travelers: Progressive vs. State Farm Auto Insurance$2,288$160$142$142
USAA: Progressive vs. State Farm Auto Insurance$919$249$171$163

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As you can see, for single 17-year-old men, Travelers is over twice as expensive as Progressive. For single 25-year-old men, things reverse. In this category, Progressive is about $1,400 more expensive per year than Travelers.

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For married 35-year-old men, Progressive is over $800 dollars more expensive Travelers Insurance. Finally, for married 60-year-old men, Progressive is over $700 more expensive per year than Travelers Insurance. So, our Travelers vs. State Farm insurance review shows that Travelers offers more affordable rates to men of almost all ages. Let’s see if Travelers wins in our next category when we compare the rates offered to women of various ages.

Progressive vs. Travelers: The Company That Offers More Affordable Rates to Women

We are now going to do what we did in the last section, but this time we will analyze the rates offered to women of various ages by companies including Progressive and Travelers.

Female Auto Insurance Monthly Rates by Age & Provider

Insurance CompanyAge: 17Age: 25Age: 35Age: 60
Allstate TablePress Logo$579$348$333$330
Geico TablePress Logo$872$289$279$286
Liberty Mutual TablePress Logo$801$331$331$315
Nationwide TablePress Logo$625$284$239$210
Progressive TablePress Logo$990$270$221$204
State Farm TablePress Logo$350$140$127$112
Travelers TablePress Logo$1,447$144$140$143
USAA TablePress Logo$804$237$173$166

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As you can see, for single 17-year-old females, Travelers is about $5,500 more expensive per year than Progressive. For single 25-year-old women, Progressive is over $1,500 more expensive per year than Travelers. For married 35-year-old women, Progressive is almost $1,000 more expensive per year than Travelers. Finally, for married 60-year-old females, Progressive is over $700 more expensive per year than Travelers. So, again, Travelers wins. Let’s wrap up with company reviews to see if Travelers can sweep this thing.

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Progressive vs. Travelers: Comparison of Company Reviews

Before wrapping up, it’s crucial to emphasize the significance of company ratings from organizations such as A.M. Best and the Better Business Bureau. A strong rating from either of these entities can reassure consumers that an auto insurance company maintains and will sustain its financial strength, as reflected in the A.M. Best rating scale.. https://youtu.be/UtzZxUt42fU The Better Business Bureau’s rating scale goes from the highest score of “A+” down to the lowest score of “F”.

Travelers generally offers lower monthly rates at $125 compared to Progressive’s $150, making it a cost-effective choice for many drivers.

Tracey L. Wells Licensed Insurance Agent & Agency Owner

Progressive received the highest possible Better Business Bureau score of “A+”. With that being said, Progressive is not currently BBB accredited. What score did the Better Business Bureau give Travelers? It turns out that they also lack BBB accreditation, and have an identical rating of “A+”. A.M. Best’s Financial Strength Rating (FSR) scale is slightly different in that it ranges from “A++” down to “D”. Not to mention, they actually have two different scales.

Progressive received the second-highest rating of “A+”. How did Travelers do with A.M. Best? Travelers holds the highest possible rating of “A++”. A.M. Best also has what is called Long-Term Issuer Credit Ratings (Long-Term ICR). Whereas their Financial Strength Ratings are about an insurer’s financial strength as well as its ability to meet ongoing policy and contractual obligations, a Long-Term ICR is focused on the future. Uncover additional insights in our article called “Progressive vs. USAA Auto Insurance Review

A Long-Term ICR can be issued on a long-term basis or short-term basis. Progressive received a long-term ICR of “aa”. What long-term ICR did Travelers receive? They received a rating one notch lower of “a+”. So, in short, you have two good options here. Progressive and Travelers are comparably reviewed by A.M. Best and the BBB, but Travelers has the edge in terms of pricing. Explore further details in our “Farmers vs. Progressive: Best Auto Insurance

Don’t let your Progressive vs. Travelers auto insurance comparison stop here. Type your ZIP code into our free and helpful tool below to find affordable auto insurance rates in your area.

Frequently Asked Questions

How does Geico compare to Travelers for homeowners insurance?

Geico offers homeowners insurance primarily through partner companies, focusing on low rates and efficient online services. Travelers, on the other hand, directly underwrites its homeowners policies, offering more customizable options and higher financial stability.

How does 21st Century compare to Progressive?

21st Century and Progressive both offer competitive auto insurance options, but Progressive generally provides more extensive coverage options and discounts, including its popular Snapshot program that tailors rates based on driving behavior. However, 21st Century may offer lower rates for certain demographics. Dive deeper into our “21st Century Auto Insurance Review” for a comprehensive understanding.

How does 21st Century compare to Travelers?

21st Century is primarily focused on auto insurance, whereas Travelers offers a broader range of insurance products, including home and business insurance. Travelers typically has higher financial strength and more comprehensive coverage options compared to 21st Century.

Is Travelers Insurance better than Progressive?

The comparison between Travelers Insurance and Progressive depends on personal preferences. Travelers Insurance is highly rated for its excellent customer service and diverse coverage options, while Progressive auto stands out for its innovative features, like the Name Your Price tool, and competitive pricing.

What is the difference between Allstate F&C Insurance and other options?

Allstate F&C Insurance provides a range of personal and business insurance products with a strong focus on customer service and claims satisfaction. Compared to other options, Allstate offers unique features like the Claim Satisfaction Guarantee and a variety of discounts, which can make it more appealing to certain customers.

How does Allstate compare to Progressive?

Allstate and Progressive are both major insurance providers, but Allstate is known for its strong customer service and personalized local agent support. Progressive, on the other hand, is recognized for its online tools, competitive pricing, and innovative discount programs like Snapshot.

How does Allstate compare to Travelers?

Allstate is often preferred for its extensive agent network and customer service, while Travelers is praised for its customizable policies and extensive range of insurance products. Travelers may offer more flexibility in policy options, making it a better choice for those with specific insurance needs.

How does American Family compare to Travelers?

American Family is known for its customer-centric approach and comprehensive coverage options, while Travelers is recognized for its extensive range of policies and strong financial ratings. Both companies offer competitive pricing, but Travelers typically provides more customization options. Uncover more about our “American Family Auto Insurance Review” by reading further.

How does Amica compare to Travelers?

Amica is often lauded for its exceptional customer service and satisfaction ratings, while Travelers is known for its wide array of coverage options and strong financial stability. Amica may offer a more personalized experience, whereas Travelers provides broader policy options.

What is the BBB rating for Progressive Insurance?

Progressive Insurance holds a BBB rating of A+, reflecting its commitment to resolving customer complaints and maintaining a high level of customer service and satisfaction.

What is the BBB rating for Travelers Insurance?

Travelers Auto Insurance holds an A+ rating from the BBB, reflecting top-notch customer service and a proven ability to effectively address consumer complaints, according to reviews from Consumer Reports.

How does Esurance compare to Travelers?

Esurance, a subsidiary of Allstate, focuses on providing digital-first insurance solutions, often appealing to tech-savvy consumers. Travelers, however, offers a more comprehensive range of insurance products with stronger financial backing and more customizable policy options.

How does Farmers compare to Travelers?

Farmers Insurance offers a wide range of insurance products with a strong emphasis on customer service and agent support. Travelers, however, typically provides more flexibility in policy options and has a higher financial strength rating, making it a reliable choice for diverse insurance needs.

How does Liberty Mutual compare to Progressive?

Liberty Mutual provides a broad range of insurance products with strong customer service, while Progressive is known for its competitive auto insurance rates and innovative pricing tools like the Name Your Price tool. Both companies have strong financial ratings, but Progressive may offer more attractive discounts for drivers.

How does Progressive compare to The Hartford?

Progressive excels in offering affordable auto insurance with various discount programs, while The Hartford is known for its superior customer service, particularly for AARP members. The Hartford often provides more personalized services but may have higher premiums than Progressive. Expand your understanding with our “The Hartford Company Auto Insurance Review.”

How does Liberty Mutual compare to Travelers?

Liberty Mutual and Travelers both offer a wide array of insurance products. Liberty Mutual is known for its customer-centric policies and discounts, while Travelers is recognized for its strong financial stability and comprehensive coverage options. Travelers may offer more customization for specialized needs.

How does National General compare to Travelers?

National General, known for insuring high-risk drivers, offers competitive rates for specific demographics. Travelers, however, provides more comprehensive coverage options and has a higher financial strength rating, making it a more reliable choice for broader insurance needs.

How does Nationwide compare to Travelers?

Nationwide and Travelers both offer a range of insurance products with strong financial ratings. Nationwide is known for its customer service and exclusive discounts, while Travelers offers more flexible policy options and higher levels of coverage customization.

How does State Farm compare to Travelers?

State Farm, with its extensive agent network, is known for personalized service and competitive rates, while Travelers offers more customizable insurance policies and higher financial strength ratings. Both companies provide strong customer support, but Travelers may offer more flexibility in policy options.

How does Travelers compare to Safeco?

Travelers is known for its broad range of insurance products and high financial strength, while Safeco, a subsidiary of Liberty Mutual, offers competitive rates with strong digital tools. Travelers may offer more comprehensive coverage options compared to Safeco.

How does USAA compare to Travelers?

USAA, primarily serving military families, is known for its exceptional customer service and competitive rates. Travelers, while also strong in customer service, offers a wider range of products and coverage options but may not match USAA’s specialized offerings for military members.

How does Travelers compare to Geico?

Travelers offers more comprehensive and customizable insurance options compared to Geico, which is known for its low rates and efficient online services. Travelers may provide stronger financial backing and broader policy choices, while Geico focuses on cost-effective solutions.

How does Progressive calculate rates based on ZIP codes?

Progressive uses ZIP codes to assess risk factors such as crime rates, traffic density, and accident frequency in specific areas, impacting the calculation of auto insurance premiums for drivers.

What is the A.M. Best rating for Progressive?

Progressive has an AM Best rating of A+, indicating superior financial strength and stability, which reassures policyholders of the company’s ability to meet its ongoing insurance obligations.

What is the A.M. Best rating for Travelers?

Travelers has an AM Best rating of A++, the highest possible rating, reflecting its exceptional financial strength and stability, ensuring reliability in fulfilling claims and obligations.