Travelers car insurance keeps customers coming back, as our best car insurance companies annual survey found 84 prcent of their surveyed policyholders say they will renew their auto policy. Seventy-four of all Travelers’ policyholders said they would recommend the auto insurer or already have recommended it to others as a car insurance provider. Travelers is the 10th-largest auto insurance provider in the nation and offers a pay-as-you-drive program named IntelliDrive.
Travelers has been formed from two separate companies -- St. Paul Fire and Marine Insurance Co. in 1853 and Travelers Insurance Co. in 1864.
The St. Paul Fire and Marine Insurance Co. was founded in St. Paul, Minn., by Alexander Wilkin to protect the public from fire.
Travelers was founded in Hartford, Conn., by J.G. Batterson to insure people who were traveling by train or steamboat at a time when such travel was risky. Hence its name. In 1866, Travelers expanded to include all types of accidents, not just those that occurred when traveling.
The two companies grew and expanded. They merged into one in 2004. Its original name was the St. Paul Travelers Companies. Three years later, it changed its name to The Travelers Companies.
Today Travelers has large offices in Hartford, Conn., New York City and St. Paul, Minn.
Travelers Insurance is a publicly held company and listed on the New York Stock Exchange under the symbol TRV.
Travelers offers a number of discounts including for safe driving records, low mileage, paying your policy in full, good students and driver training. You may be eligible for discounts if your car has safety features including airbags, anti-lock brakes and anti-theft devices. You also can get up to 10 percent off your insurance for owning a hybrid vehicle.
Travelers is known for its red umbrella logo. The logo came when it was acquired by Citigroup in 1998. Travelers kept the umbrella logo even though it was later spun off from Citigroup.