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State Farm vs Travelers

Side-by-side car insurance comparison based on rates across all available locations

Lower Avg Rate

State Farm

4.5

Avg Monthly

$101/mo

Best Rate

$56/mo

Best For

Overall value

Top Discount

Multi-policy 17%

Founded

1922 · Bloomington, Illinois

Available In

50 locations

VS

Travelers

4.2

Avg Monthly

$136/mo

Best Rate

$98/mo

Best For

Full coverage

Top Discount

Hybrid car 10%

Founded

1853 · New York, New York

Available In

7 locations

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Rate Comparison by State

State Farm cheaper: 6Travelers cheaper: 1
Pennsylvania$96/mo$108/moState Farm saves $12/mo
Maryland$122/mo$132/moState Farm saves $10/mo
Delaware$148/mo$154/moState Farm saves $6/mo
New Jersey$142/mo$148/moState Farm saves $6/mo
Connecticut$138/mo$144/moState Farm saves $6/mo
Rhode Island$96/mo$98/moState Farm saves $2/mo
New York$174/mo$170/moTravelers saves $4/mo

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Pros & Cons

State Farm

Pros

  • Largest agent network in the US for local, in-person service
  • Consistently high customer satisfaction scores
  • Competitive rates for multi-policy bundles
  • Broad product range: auto, home, life, health, business

Cons

  • Premiums can be above average in some states
  • Digital tools lag behind online-first competitors

Travelers

Pros

  • Competitive home insurance rates — especially in low-risk states
  • IntelliDrive telematics programme for auto
  • Strong financial ratings (A++ AM Best)
  • Available in all 50 states

Cons

  • Auto rates not always the lowest vs dedicated auto insurers
  • Limited digital self-service compared to newer competitors

Which Should You Choose?

State Farm is the cheaper option in 6 of 7 states where both insurers operate, saving an average of $7/month. Travelers is cheaper in 1 states.

State Farm has a higher average customer rating (4.5/5) compared to Travelers (4.2/5). However, ratings can vary by state and coverage type.

State Farm is generally best for overall value, while Travelers stands out for full coverage. The right choice depends on your priorities — lowest price, best service, or specific discounts.

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State Farm vs Travelers — FAQs

Is State Farm cheaper than Travelers?
State Farm is cheaper in 6 of 7 states where both operate. However, rates vary by location, so Travelers may be cheaper in your area. Always compare quotes for your specific state and circumstances.
Which has better ratings — State Farm or Travelers?
State Farm has an average rating of 4.5/5, while Travelers averages 4.2/5 across all states. Both are well-established insurers with strong financial stability.
What discounts does State Farm offer vs Travelers?
State Farm's top discount is "Multi-policy 17%", while Travelers offers "Hybrid car 10%". Both insurers offer multi-policy, good driver, and other standard discounts — check each insurer's site for the full list.
Can I switch from State Farm to Travelers?
Yes. You can switch car insurance at any time, though it's usually best to switch at renewal to avoid cancellation fees. Get quotes from both State Farm and Travelers to compare rates for your specific situation.
Which is better for my state?
It depends on where you live. Use the rate comparison table above to see which insurer is cheaper in your state. Factors like your driving record, age, and vehicle also affect your personal quote.

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