State Farm vs. Travelers: Auto and home insurance bundling

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State Farm and Travelers are both good choices for auto and home insurance, so it’s important to take a closer look at each before you bundle your coverage with either company.

State Farm is the largest insurer in the country and has both low rates and high ratings. State Farm’s auto and home insurance rates are cheaper than those of Travelers across the board. It also has higher customer satisfaction and claims handling ratings.

Travelers earned a superior financial rating and received fewer complaints with the National Association of Insurance Commissioners (NAIC) than State Farm. And, since rates are personal and vary by location, it may not be more expensive for you.

Keep reading to compare State Farm and Travelers for auto and home insurance bundling.

Key Takeaways

State Farm has cheaper auto and home insurance rates on average, making it cheaper for bundling.
State Farm has higher customer satisfaction and claims handling ratings based on our survey of insurance customers.
State Farm and Travelers both earned superior financial stability ratings with AM Best.

Insure.com compares State Farm vs. Travelers for auto and home bundling

State Farm provides cheaper average auto and home insurance rates, alone or bundled. It also has considerably higher ratings for customer satisfaction and claims handling.

However, fewer customers lodge complaints against Travelers with the NAIC. Although Travelers earned lower ratings than State Farm, many customers are satisfied with the company.

Insure.com rating comparison for State Farm vs. Travelers

State Farm and Travelers are compared head to head in the table below. State Farm earned a 4.32 rating from Insure.com, and Travelers earned a 3.73 rating. State Farm also earned a higher customer satisfaction rating.

Comparison metrics	State Farm	Travelers
Insure.com overall rating	4.32	3.73
Best for	Cheaper auto and home insurance rates	Fewer customer complaints
Customer satisfaction rating	4.22	3.96
NAIC rating	0.95	0.54
AM Best rating	A++	A++
State availability*	50 states**, plus D.C.	50 states, plus D.C.

*States where both home and auto insurance are available

**State Farm is not currently writing new home insurance policies in California; however, current home insurance customers can still bundle with auto.

State Farm vs. Travelers: Pros and Cons

The table below shows some of the pros and cons for State Farm and Travelers. For example, State Farm’s auto and home insurance rates are lower, but it has more customer complaints. Travelers earns fewer customer complaints but has higher auto and home rates.

State Farm	Travelers
Pros:	Pros:
Cheaper auto and home insurance rates	Superior financial rating
Higher customer satisfaction rating	Fewer customer complaints
Cons:	Cons:
Higher number of customer complaints	Higher auto and home insurance rates
Fewer discounts than competitors	Lower customer and claims handling satisfaction

State Farm vs. Travelers: Which has the most affordable rates?

State Farm has lower average rates across the board compared to Travelers. State Farm’s average savings when bundling home and auto is $938, compared to a $774 savings with Travelers.

“When comparing insurance rates, it is most important to understand what isn’t covered, what categories have limitations, and if certain types of claims have separate deductibles,” says Zack Pope of David Pope Insurance.

“Examples of something not covered would be flood on a home policy or delivery driving on a personal auto policy (unless listed as acceptable),” he says.

Company	Avg annual auto premium	Avg annual home premium	Total without bundle	Total with bundle	% discount	$ savings
State Farm	$1,667	$2,124	$3,791	$2,853	24%	$938
Travelers	$1,823	$5,161	$6,984	$6,210	11%	$774

State Farm vs. Travelers: Auto and home bundle rates by state

On average, State Farm offers a higher discount than Travelers when bundling home and auto insurance. Check out the table below to see who has the better deal in your state.

State	State Farm – Auto & home before discount	State Farm – Auto & home after discount	State Farm -%Saving	Travelers -Auto & home before discount	Travelers -Auto & home after discount	Travelers -%Saving
Alaska	$2,958	$2,170	27%	–	–	–
Alabama	$4,573	$3,328	27%	–	–	–
Arkansas	$4,431	$3,119	30%	$10,222	$9,128	11%
Arizona	$3,298	$2,478	25%	$6,774	$6,114	10%
California	$3,815	$3,008	21%	$3,486	$2,866	18%
Colorado	$4,897	$3,605	26%	–	–	–
Connecticut	$3,497	$2,608	25%	$7,380	$6,711	9%
Washington, D.C.	$3,277	$2,506	24%	–	–	–
Delaware	$2,570	$1,952	24%	$3,266	$2,985	9%
Florida	$4,666	$4,209	10%	$3,828	$3,408	11%
Georgia	$4,546	$3,296	27%	–	–	–
Hawaii	$1,665	$1,366	18%	–	–	–
Iowa	$3,568	$2,564	28%	–	–	–
Idaho	$3,257	$2,260	31%	–	–	–
Illinois	$3,486	$2,678	23%	$8,551	$7,700	10%
Indiana	$3,481	$2,594	25%	$8,969	$8,084	10%
Kansas	$5,412	$3,865	29%	–	–	–
Kentucky	$4,763	$3,549	25%	–	–	–
Louisiana	$5,210	$3,987	23%	–	–	–
Massachusetts	–	–	–	$7,688	$6,721	13%
Maryland	$3,760	$2,935	22%	$7,277	$6,121	16%
Maine	$2,193	$1,613	26%	–	–	–
Michigan	$6,775	$5,323	21%	–	–	–
Minnesota	$4,025	$2,949	27%	–	–	–
Missouri	$4,616	$3,393	26%	–	–	–
Mississippi	$4,728	$3,411	28%	$10,588	$9,394	11%
Montana	$4,391	$3,290	25%	–	–	–
North Carolina	$2,354	$1,823	23%	–	–	–
North Dakota	$4,300	$3,500	19%	–	–	–
Nebraska	$6,278	$4,496	28%	–	–	–
New Hampshire	$2,139	$1,615	24%	–	–	–
New Jersey	$3,393	$2,663	22%	–	–	–
New Mexico	$3,567	$2,625	26%	–	–	–
Nevada	$3,163	$2,442	23%	–	–	–
New York	$4,244	$3,450	19%	$6,102	$5,387	12%
Ohio	$3,000	$2,229	26%	$6,782	$6,069	11%
Oklahoma	$7,183	$4,979	31%	–	–	–
Oregon	$2,323	$1,701	27%	–	–	–
Pennsylvania	$3,422	$2,589	24%	$7,109	$6,331	11%
Rhode Island	$2,246	$1,739	23%	–	–	–
South Carolina	$3,740	$2,766	26%	$6,258	$5,581	11%
South Dakota	$5,100	$3,652	28%	–	–	–
Tennessee	$3,969	$2,843	28%	$8,150	$7,355	10%
Texas	$5,859	$4,446	24%	–	–	–
Utah	$2,743	$2,104	23%	–	–	–
Virginia	$2,631	$1,995	24%	$6,299	$5,619	11%
Vermont	$2,085	$1,553	26%	–	–	–
Washington	$2,972	$2,312	22%	–	–	–
Wisconsin	$2,755	$2,083	24%	–	–	–
West Virginia	$3,148	$2,361	25%	–	–	–
Wyoming	$3,070	$2,619	15%	–	–	–

*Rate data is not available for both home and auto in all states; however, where rates for either policy are available they have been included for informational purposes.

State Farm vs. Travelers: Customer satisfaction

Eighty-five percent of State Farm customers are satisfied with their service, according to our survey. A lower number (72%) of Travelers customers report being satisfied overall.

Company	Percentage of customers who are satisfied
State Farm	85%
Travelers	72%

State Farm vs. Travelers: Claims handling

Many State Farm customers also reported being satisfied with claims handling. While 82% of State Farm customers are happy with claims handling, 72% of Travelers customers reported the same.

Company	Percentage of customers who are satisfied
State Farm	82%
Travelers	72%

The bottom line: State Farm vs. Travelers for auto and home bundling

State Farm came out ahead in rates and ratings. It offers cheaper average auto and home rates, bundled or not. Additionally, the company earned very high customer satisfaction and claims handling ratings.

Travelers rates and ratings were lower, but it is still a solid choice for insurance. A significant number of customers are satisfied with the company, and it has superior financial ratings. Additionally, rates vary widely by location, so where you live and other factors will determine which company is cheaper for you.

Make sure to compare quotes for your needs with both State Farm and Travelers before you make your choice.