State Farm vs. Travelers Homeowners Insurance in 2024 (Head-to-Head Review)
State Farm vs. Travelers homeowners insurance differs in coverage, with prices starting at $33/mo for State Farm and $37/mo for Travelers. State Farm offers competitive rates in many areas, while Travelers has some unique add-ons like identity fraud protection. Check out policies to find the best for your needs.
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Dani Best
Licensed Insurance Producer
Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...
Licensed Insurance Producer
UPDATED: Nov 24, 2024
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Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
UPDATED: Nov 24, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance company and cannot guarantee quotes from any single insurance company.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance companies please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
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17,760 reviewsCompany Facts
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1,731 reviewsState Farm vs. Travelers homeowners insurance offers distinct options for homeowners, with State Farm starting at $33/month and Travelers at $37/month.
Both companies provide customizable coverage, competitive pricing, and various discounts, including savings for bundling and protective devices.
State Farm vs. Travelers Homeowners Insurance Rating
| Rating Criteria |  |  |
|---|---|---|
| Overall Score | 4.3 | 4.4 |
| Business Reviews | 5.0 | 4.5 |
| Claim Processing | 4.3 | 4.5 |
| Company Reputation | 4.5 | 4.5 |
| Coverage Availability | 5.0 | 5.0 |
| Coverage Value | 4.2 | 4.3 |
| Customer Satisfaction | 4.1 | 4.1 |
| Digital Experience | 4.5 | 4.5 |
| Discounts Available | 5.0 | 5.0 |
| Insurance Cost | 3.9 | 4.0 |
| Plan Personalization | 4.5 | 4.5 |
| Policy Options | 3.8 | 4.1 |
| Savings Potential | 4.3 | 4.3 |
| State Farm Review | Travelers Review |
When comparing State Farm vs. Travelers, customer service, claims processing, and financial stability are key factors. Your choice depends on coverage needs, location, and budget.
Protecting your home doesn’t have to be expensive. Enter your ZIP code into our free tool to find affordable homeowners insurance today.
- State Farm offers homeowners insurance from $33/month with custom options
- Travelers offers coverage from $37/month with add-ons like identity theft protection
- Compare customer service, claims processing, and discounts to find the best fit
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State Farm vs. Travelers Homeowners Insurance: Full Coverage Rates by Age & Gender
Compare minimum coverage homeowners insurance rates for State Farm and Travelers by age and gender. Discover how rates vary for both genders across different age groups, from 16 to 60 years old, helping you make an informed decision on your home insurance provider.
State Farm generally offers lower monthly rates for minimum coverage homeowners insurance compared to Travelers. For instance, a 16-year-old female pays $124 with State Farm and $115 with Travelers, while a 30-year-old female pays $36 with State Farm and $95 with Travelers. Rates for older individuals are similar between the two insurers.
State Farm vs. Travelers Minimum Coverage Homeowners Insurance Monthly Rates by Age & Gender
| Age & Gender |  | |
|---|---|---|
| Age: 16 Female | $124 | $115 |
| Age: 16 Male | $146 | $120 |
| Age: 30 Female | $36 | $95 |
| Age: 30 Male | $45 | $48 |
| Age: 45 Female | $33 | $39 |
| Age: 45 Male | $33 | $37 |
| Age: 60 Female | $38 | $40 |
| Age: 60 Male | $37 | $38 |
The cost of full coverage homeowners insurance differs greatly between State Farm and Travelers, depending on how old you are and whether you’re male or female. Monthly rates start at $76 for State Farm and $89 for Travelers, but are subject to variation by age and gender.
State Farm vs. Travelers Full Coverage Homeowners Insurance Monthly Rates by Age & Gender
| Age & Gender | | |
|---|---|---|
| Age: 16 Female | $311 | $719 |
| Age: 16 Male | $349 | $910 |
| Age: 30 Female | $94 | $99 |
| Age: 30 Male | $103 | $108 |
| Age: 45 Female | $86 | $98 |
| Age: 45 Male | $86 | $99 |
| Age: 60 Female | $76 | $89 |
| Age: 60 Male | $76 | $90 |
Breaking this down provides you the opportunity to assess how costs from each provider compare — helping you decide which is going to be the most economical choice. Compare the full coverage homeowners insurance rates of State Farm vs. Travelers based on age and gender. Rates for State Farm start at $76/month, while Travelers begins at $89/month, with varying premiums for different age groups and genders.
Ty Stewart Licensed Insurance Agent
While both State Farm and Travelers offer competitive homeowners insurance options, the rates differ based on your age and gender. With State Farm’s lower starting rates, it’s essential to consider all factors, including coverage, home and car insurance discounts, and other discounts, to make the best choice for your needs.
Comprehensive Coverage Options Offered by State Farm and Travelers
Choosing homeowners insurance involves understanding the coverage options each provider offers. State Farm and Travelers both provide customizable policies with essential protections like dwelling, personal property, and liability insurance coverage, along with additional options to safeguard your home and belongings.
Be that as it may, one provider may offer unique endorsements and discount options than the others, so be sure to carefully compare the potential policies you take a look at to determine which is going to be your best fit.
Coverage Options Offered by State Farm
State Farm stands out particularly for its range of coverage types, especially for homeowners. From entry-level home buyer to anyone with an expansive estate to maintain, they have the budget and style options available for all. State Farm coverage options State Farm offers the following types of plans:
- Dwelling Coverage: Provides coverage to repair or reconstruct your home’s foundation after it is damaged by a covered risk.
- Other Structures Coverage: Protects detached structures on your property, such as garages, sheds, and fences.
- Personal Property Coverage: Helps replace personal belongings like furniture, electronics, and clothing if they’re stolen or destroyed.
- Liability Coverage: Provides financial protection if you’re legally responsible for injuries or property damage to others, and helps guide you on how to document damage for a renters insurance claim.
- Medical Payments Coverage: Regardless of who is at fault, it covers medical expenses for guests who become injured on your property.
State Farm also features a few optional add-ons, including coverage for earthquakes, identity theft, and equipment breakdown; all of which let policyholders customize their policies to meet individual needs.
Depending on the situation, State Farm also understands that one home is not like another and does even offer specialized options. These collection homes are distributed by business-at-home buildings as well as opportunity-shared negotiations with top quality houses.
Coverage Options Offered by Travelers
Travelers homeowners insurance offers customizable coverage with options like dwelling coverage for your home and detached structures, personal property protection for belongings, and liability coverage for bodily injury, personal injury protection, and property damage.
- Personal Property Coverage: Protects personal items like furniture, electronics, and clothing against damage or theft.
- Liability Coverage: Covers you for the cost of expenses if you’re found legally responsible for bodily injury or property damage to others.
- Loss of Use Coverage: Additional living expenses coverage for living outside of the home if it becomes unlivable due to a covered loss.
- Water Backup Coverage: According to the Insurance Information Institute, this coverage is for damage from a sewer or drain that backs up.
- Identity Fraud Expense Coverage: Provides reimbursement for expenses related to identity theft.
- Green Home Coverage: Provides funds to reconstruct your home with sustainable materials after a loss that is covered.
They also provide additional living expenses if your home is uninhabitable, medical payments for injuries on your property, and optional add-ons such as water backup, identity theft protection, and valuable items coverage.
State Farm and Travelers both provide extensive coverage, along with some distinct add-ons to help homeowners customize their policies to specific needs. Whether you prefer State Farm’s specialized coverage for unique circumstances or Traveler’s environmentally friendly rebuild options, each provider offers robust protection for your home.
State Farm vs. Travelers: A Homeowners Insurance Market Share Comparison
State Farm leads the homeowners insurance market with a 17% share, while Travelers holds just 2%. The remaining 81% is covered by other providers. Let’s compare how State Farm and Travelers measure up in coverage, pricing, and market presence. Additionally, we’ll explore what easy pricing means and how it affects your choice of provider.
Here we compare the homeowners insurance market share of State Farm vs. Travelers. The category is mostly dominated by four players, with State Farm leading at 17%, Travelers holding 2%, and the remaining quarter of providers in aggregate commanding around 81%. See how these leaders stack up on coverage, cost, and dominance in the market.
In the homeowners insurance space, however, State Farm has a significantly bigger slice of the pie than Travelers does. Both of these two leading providers provide a distinct option that may be suited for you depending on your coverage needs and price.
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State Farm vs. Travelers: A Homeowners Insurance Comparison and Why One User Made the Switch
This post discusses the user who recently shopped for homeowner’s insurance and tried to compare State Farm versus Travelers in terms of price and service. At first, their premium with Travelers was going to increase quite a bit, so they looked elsewhere. But with competitive pricing, a switch to State Farm was made; however, Travelers is still a top choice for some.
In this article, the user shares how he used to pay $2,500 every year for his homeowner’s insurance. The insurance company was set to raise the premium above $3,300 — even though the user has no claims. The user notes that they switched both their homeowners and auto insurance to State Farm as State Farm was offering the same coverage for $1,800.
Comment
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inUSAA
The user mentions that State Farm offered the same coverage for $1,800, prompting them to switch both their homeowners and car insurance to State Farm. The post includes 11 upvotes.
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The user expresses their preference for Travelers as a homeowners insurance company, describing it as straightforward with great prices. They mention that Travelers is one of the larger companies and doesn’t advertise much but would choose Travelers over most other carriers as long as it makes financial sense.
Kristine Lee Licensed Insurance Agent
The whole idea of switching to State Farm stems from striking a balance between covering costs. In summary, State Farm is priced similarly for both homeowners and auto insurance, making it the winner over Travelers, which — despite having good rates and a simple online experience — stumbled on its homeowner insurance pricing.
State Farm vs. Travelers Homeowners Insurance: Ratings, Reviews, and Key Differences
When comparing homeowners insurance providers, State Farm and Travelers stand out with notable differences in customer satisfaction and business practices. Here’s a detailed look at their ratings and consumer reviews to help you decide which is the better fit for your needs.
State Farm and Travelers both offer homeowners insurance, but their ratings and customer reviews differ significantly. State Farm scores 877/1,000 with above-average satisfaction, while Travelers earns 905/1,000 with similarly high ratings. However, State Farm has below-average business practices (C-) compared to Travelers’ excellent practices (A+).
Insurance Business Ratings & Consumer Reviews: State Farm vs. Travelers
| Agency | | |
|---|---|---|
 | Score: 877 / 1,000 Above Avg. Satisfaction | Score: 905 / 1,000 Above Avg. Satisfaction |
 | Score: C- Below Avg. Business Practices | Score: A+ Excellent Business Practices |
 | Score: 75/100 Positive Customer Feedback | Score: 76/100 Good Customer Feedback |
 | Score: 0.78 Fewer Complaints Than Avg. | Score: 1.12 Avg. Complaints |
 | Score: B Fair Financial Strength | Score: A++ Superior Financial Strength |
Consumer Reports rates State Farm at 75/100 with more complaints than average, while Travelers holds a slightly higher score of 76/100 with an average number of complaints. Financial strength also differs, with State Farm rated B for fair financial strength and Travelers rated A++ for superior financial strength.
Daniel Walker Licensed Insurance Agent
Both State Farm and Travelers are strong insurers, though the ratings distinctly reflect the aspects in which they shine. Travelers excels in customer satisfaction and financial strength, while State Farm’s lower score in business practices might raise concerns. Consider these factors when choosing from the best insurance companies for your homeowners insurance provider.
Pros and Cons of State Farm Homeowners Insurance
State Farm has a long-standing reputation and a wide availability of coverage options. But however good they are, as with any insurer there will be pros and cons when it comes to some of the factors that may determine your choice. Here’s a closer look at what State Farm has to offer, and the catch.
Pros:
- Affordable Rates: State Farm offers competitive pricing, particularly for minimum coverage, making it a great choice for budget-conscious homeowners.
- Personalized Service: State Farm provides access to local agents who offer personalized assistance, ensuring you receive tailored advice and guidance throughout your policy’s life.
- Wide Range of Coverage Options: With a variety of customizable coverage options, State Farm can meet the needs of different types of homeowners, from basic protection to specialized add-ons like earthquake coverage.
Cons:
- Potentially Higher Rates for Some Areas: While State Farm is generally affordable, its rates can be higher in certain regions, especially for higher-risk properties.
- Limited Online Support: State Farm’s online presence and digital tools may not be as robust as some competitors, making it less convenient for those who prefer to manage their insurance completely online.
While State Farm excels in customer support, offering 24/7 service and a wide range of coverage options to suit various needs, it’s important to weigh potential higher rates, which may be a factor depending on your location and risk profile.
Be sure to review your options thoroughly in the State Farm insurance review & ratings to determine if State Farm meets your needs.
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Pros and Cons of Travelers Homeowners Insurance
In terms of coverage and customer service, there are many different options for Travelers homeowners insurance. But, like every type of provider, it too has its strengths and weaknesses. Check out the pros and cons here to see if it fits your use case.
Pros:
- Comprehensive Coverage Options: Travelers offers a wide range of customizable coverage, including options like water backup, identity theft protection, and eco-friendly rebuilds, giving homeowners flexibility to tailor policies to their needs.
- Strong Customer Satisfaction: Travelers consistently receives positive reviews for customer service, with many policyholders praising its efficient claims processing and accessible support.
- Superior Financial Strength: Travelers is rated A++ for financial strength, providing peace of mind to homeowners that the company can handle claims and deliver on its promises, even in tough situations.
Cons:
- Higher Rates for Additional Coverage: While Travelers offers valuable add-ons, these extra features can lead to higher premiums compared to other insurers, making it less budget-friendly for some homeowners.
- Limited Discounts: Travelers may not offer as many discounts as other insurers, which could limit savings for those looking to bundle policies or reduce rates based on factors like claims history.
Travelers Insurance Review & Ratings mention that it does well in providing comprehensive coverage and customer support but you may end up with complex policies and increased rates, especially for additional coverage.
When choosing your homeowners insurance provider, be sure to consider these factors as they offer varying levels of coverage, pricing and extras.
State Farm vs. Travelers Homeowners Insurance: A Comprehensive Comparison
State Farm and Travelers homeowners insurance offer competitive pricing and customizable coverage options. State Farm starts at $33/month, while Travelers begins at $37/month. While State Farm provides lower initial rates, Travelers offers unique add-ons like identity fraud protection and eco-friendly rebuild options.
Enhanced discounts for bundling and no claims policies at both companies. Because the choice between them comes down to coverage preferences, customer service and price, make sure you compare quotes to secure the right auto insurance for you. Additionally, it’s important to understand the process of how to file a home insurance claim, which can vary by provider.
The best place to start when you want affordable home insurance is to enter your ZIP code into our free comparison tool.
Frequently Asked Questions
What are the main differences between State Farm vs Travelers homeowners insurance?
State Farm has lower rates for most homeowners, but Travelers offers unique add-ons, including green rebuild coverage and identity theft protection. Both allow for personalized coverage to suit your exact specifications.
What do Travelers home insurance reviews say about the company?
Reviews of Travelers home insurance typically emphasize the brand’s level of service and its extensive array of coverage choices. However, depending on the location and specific policy being purchased, some customers note that its premiums can be higher than those offered by other top providers.
How does Travelers renters insurance compare to State Farm renters insurance?
Travelers renters insurance offers extra coverage like water backup and mold protection, while State Farm stands out for competitive pricing and strong customer service. Both are top contenders for best renters insurance, depending on your needs.
What are the benefits of choosing Travelers vs. State Farm home insurance?
Travelers vs. State Farm home insurance comes down to your needs for extra protections. Travelers excels with specialized add-ons like water backup and mold coverage, while State Farm offers lower rates and a strong reputation for local agent support.
Cut down your spending on home insurance. Just use our free tool and enter your zip code in order to connect with the lowest rates in your area.
What are customers saying in State Farm home insurance reviews?
State Farm home insurance reviews highlight its affordable rates and excellent customer service. Many customers appreciate the accessibility of local agents, though some mention concerns about pricing, particularly in high-risk areas.
Which provider offers better value, Travelers vs State Farm for homeowners insurance?
When weighing best homeowners insurance options between Travelers vs State Farm, the decision depends on your priorities. State Farm is often the more affordable option, while Travelers offers additional coverage options, like personal property protection and valuable items coverage, which may appeal to some homeowners.
What is State Farm homeowners insurance rating according to experts?
State Farm homeowners insurance is often rated highly for customer satisfaction and reliability. However, it has a lower rating for business practices, which may affect potential policyholders when choosing between providers.
What are the key differences between Travelers vs USAA homeowners insurance?
Pricing, coverage options, and availability vary between Travelers and USAA. Though USAA usually wins on price for military families, Travelers offers the most flexible options of add-ons with optional coverage like identity theft protection. The decision between these two will depend on your requirement as well as whether you meet the eligibility criteria.
Is Travelers renters insurance better than State Farm for protecting personal belongings?
Travelers renters insurance vs State Farm offers similar coverage, with Travelers providing extra options like personal property protection and identity theft coverage. For those seeking the cheapest renters insurance, Travelers may offer more affordable options.
Which insurance company has the highest customer satisfaction for homeowners?
Based on recent customer reviews, USAA consistently ranks as one of the highest for customer satisfaction in the homeowners insurance sector. They are highly rated for customer service, ease of claims process, and overall value, especially for military families.
Who is the largest home insurance company in the US?
State Farm is the biggest US home insurance company with 17percent of the market. This company is at the front of the industry shelf as far as policy holders who are likely to have an economical rate and coverage for most homeowners nationwide.
Is Travelers home insurance good?
Travelers offers a variety of customizable coverage options, including home-based business insurance, and many homeowners find it a reliable choice for comprehensive protection. However, whether it’s good for you depends on your specific needs, budget, and location.
What insurance is the most commonly purchased homeowners insurance?
Typically, your homeowners insurance is going to be a standard homeowners policy that covered the following: your dwelling, personal property, liability and loss of use (additional living expenses). Home, contents insurance — provides cover for loss of or damage to a home and its contents.
Who underwrites Travelers home insurance?
Travelers home insurance is underwritten by The Travelers Indemnity Company. As one of the largest providers in the market, Travelers offers customizable policies with various add-ons and discounts for homeowners.
How do Farmers vs. Travelers homeowners insurance policies compare in terms of coverage options?
Farmers and Travelers both offer comprehensive coverage for homeowners, but Travelers provides unique add-ons like identity fraud protection and eco-friendly rebuild options. Farmers, on the other hand, offers flexible policies with an emphasis on customizable coverage for various needs.
USAA vs. Travelers: Which offers better homeowners insurance?
When comparing USAA and Travelers homeowners insurance, USAA is typically more affordable and offers excellent customer service, though it’s available only to military families. Travelers provides a broader range of customizable add-ons and protection options but may come at a higher cost.
Who is the most trusted insurance company?
The most trusted insurance company can vary depending on customer reviews, ratings, and satisfaction levels. State Farm and Travelers are both highly rated for their customer service and reliability. However, trustworthiness often depends on personal experience, specific needs, and location.
Who is Travelers insurance owned by?
The Travelers Companies, Inc. is a publicly traded company and owns Travelers Insurance. It is a leading insurer of property and casualty insurance in the U.S., including commercial general liability insurance.
How to cancel Travelers home insurance?
To cancel Travelers home insurance, you can contact their customer service via phone or online. You’ll need to provide your policy details, and ensure you have a new insurance policy in place if necessary. Travelers may charge a cancellation fee, depending on the terms of your policy.
Is State Farm cancelling homeowners insurance in Florida?
State Farm is not currently canceling homeowners insurance in Florida for all policyholders. However, like many insurers, State Farm may review individual risks in certain high-risk areas due to factors like hurricanes or other natural disasters. It’s always best to contact State Farm directly for the most up-to-date information on your policy.
Get the perfect home insurance policy at the best price by using our free comparison tool.
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Dani Best
Licensed Insurance Producer
Dani Best has been a licensed insurance producer for nearly 10 years. Dani began her insurance career in a sales role with State Farm in 2014. During her time in sales, she graduated with her Bachelors in Psychology from Capella University and is currently earning her Masters in Marriage and Family Therapy. Since 2014, Dani has held and maintains licenses in Life, Disability, Property, and Casualt...
Licensed Insurance Producer
Editorial Guidelines: We are a free online resource for anyone interested in learning more about insurance. Our goal is to be an objective, third-party resource for everything insurance related. We update our site regularly, and all content is reviewed by insurance experts.
