Travelers home and auto bundle insurance in 2024 -Insure.com

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

Bundling your home and auto insurance with Travelers costs about $6,210 per year. That’s a 11% discount on the combined premiums. Bundling with Travelers will save you money, but that doesn’t make it the cheapest option overall. It’s important to shop around.

“I recommend shopping multiple insurers every 2-3 years because most companies offer better rates for new customers than they do for existing customers. I know many companies offer discounts for staying with a company, but most companies still offer better rates for new customers to grow their business,” says David Lervig, founder of the Insurance School of Texas.

Insure.com has compiled all the data so you can see if a home and auto bundle with Travelers is the best deal for your insurance needs.

Key Takeaways

Bundling your home and auto with Travelers gets you, on average, an 11% discount on annual premiums.
The average cost of home and auto insurance when bundled with Travelers in $6210 a year, but rates vary by state.
Travelers has an AM Best score of A++, which means superior financial stability.

Travelers home and auto bundle overview

The table below shows what you’ll pay, on average, if you bundle your home and auto together with Travelers. It also includes third-party ratings for Travelers. Travelers’ National Association of Insurance Commissioners (NAIC) score, which shows how many complaints have been lodged against the company, is low at 0.54. Anything below 1 is a low volume of complaints. Travelers has an AM Best score of A++ which shows superior financial strength and ability to pay out claims and is the highest ranking.

Travelers has some of the higher prices of the carriers we reviewed, and bundling isn’t always the most cost-effective option.

Average bundled premium	Savings	NAIC score	AM Best score
$6,210	11%	0.54	A++

Pros and cons of Travelers

Every company has pros and cons, which you should consider when comparing quotes. Here are some pros and cons for Travelers, according to our Best Home Insurance Companies and Best Car Insurance Companies study for 2024:

Pros	Cons
Loyal customers	High premiums compared to other carriers
Highest AM Best score of A++	Bundling discount on the lower side at 11%
Low complaint volume with the NAIC

How much does a Travelers home and auto bundle cost?

The following table shows Travelers’ cost for auto and home insurance in a sampling of states before and after bundling. It also shows how much you would save if you bundle your home and auto policies together.

The most significant savings are in Arkansas, Maryland and Mississippi, where you can save over $1,000 a year by bundling.

State	Home insurance premium	Auto insurance premium	Premium before bundle	Premium after bundle	Saving
Arkansas	$8,713	$1,509	$10,222	$9,128	$1,095
Arizona	$5,181	$1,593	$6,774	$6,114	$659
California	$933	$2,553	$3,486	$2,866	$620
Connecticut	$5,670	$1,710	$7,380	$6,711	$668
Delaware	$1,534	$1,732	$3,266	$2,985	$281
Florida	$1,157	$2,671	$3,828	$3,408	$419
Illinois	$7,146	$1,405	$8,551	$7,700	$850
Indiana	$7,654	$1,315	$8,969	$8,084	$885
Massachusetts	$5,104	$2,584	$7,688	$6,721	$967
Maryland	$5,815	$1,462	$7,277	$6,121	$1,156
Mississippi	$8,986	$1,602	$10,588	$9,394	$1,194
New York	$2,094	$4,008	$6,102	$5,387	$714
Ohio	$5,712	$1,070	$6,782	$6,069	$714
Pennsylvania	$5,536	$1,573	$7,109	$6,331	$778
South Carolina	$4,772	$1,486	$6,258	$5,581	$676
Tennessee	$6,630	$1,520	$8,150	$7,355	$796
Virginia	$5,105	$1,194	$6,299	$5,619	$680

States where Travelers is most expensive for bundling home and auto

The table below shows the top five states where bundling with Travelers is most expensive. While there is still a discount, insurance policies in these states are expensive even with bundling.

Some things that cause higher rates are severe weather and lack of competition in the insurance market, among other factors. Mississippi is the most expensive state for bundling with Travelers.

State	Bundle insurance rates
Mississippi	$9,394
Arkansas	$9,128
Indiana	$8,084
Illinois	$7,700
Tennessee	$7,355

States where Travelers is cheapest for bundling home and auto

The table below shows which states have the cheapest rates for bundling your home and auto with Travelers. California is the cheapest state for buying auto and home insurance with Travelers. It’s worth noting that Travelers is cheap in Florida as well, where rates are generally high.

State	Bundle insurance rates
California	$2,866
Delaware	$2,985
Florida	$3,408
New York	$5,387
South Carolina	$5,581

Home and auto bundle rates from Travelers in major cities

The following table shows what average rates you’ll pay with Travelers in a selection of major cities.

Insurance companies look at your location when calculating rates. Weather is a factor. So are traffic and crime patterns. The claims history of your city also comes into play. The more claims in a certain area, the higher your rates will be.

Cities	Bundle insurance rates
New York, NY	$6,092
Chicago, IL	$8,100
Phoenix, AZ	$6,944
Philadelphia, PA	$8,007
San Diego, CA	$2,656

Travelers home and auto bundle insurance rate comparison

The following table looks at how Travelers compares to other carriers for home and auto bundling. Travelers is the most expensive for bundle pricing when compared to other major carriers, with average premiums of $6,210.

State Farm has the cheapest home and auto bundling rates of $2,853 a year.

Company	Home insurance premium	Auto insurance premium	Premium before bundle	Premium after bundle
State Farm	$2,124	$1,667	$3,791	$2,853
Erie Insurance	$2,378	$1,570	$3,948	$3,332
American Family	$2,347	$1,677	$4,025	$3,340
Auto-Owners	$2,097	$1,789	$3,887	$3,417
Nationwide	$2,809	$1,611	$4,420	$3,643
Allstate	$1,743	$2,875	$4,619	$3,886
Amica	$2,131	$2,621	$4,752	$3,924
Progressive	$2,060	$2,586	$4,645	$4,245
Farmers	$3,364	$2,440	$5,804	$4,693
Travelers	$5,161	$1,823	$6,984	$6,210

Bundling with Travelers vs. buying from two different companies

The following table shows the cost of having separate policies with Travelers plus another carrier for your home or auto insurance and whether you’ll save if you bundle.

Travelers’s bundle rates are only cheaper in a few scenarios, as seen in the first table below. It’s generally cheaper to buy separate home and auto policies. However, your rates will vary so it’s still worthwhile to get quotes.

Travelers home insurance with auto insurance from competitors

Company	Home premium	Company	Auto premium	Total cost
Travelers	$5,161	Allstate	$2,875	$8,036
Travelers	$5,161	Erie	$1,570	$5,318
Travelers	$5,161	Progressive	$2,586	$7,747
Travelers	$5,161	State Farm	$1,667	$6,828
Travelers	$5,161	American Family	$1,677	$9,081
Total cost when bundled with Travelers				$6,210

Travelers auto insurance with home insurance from competitors

Company	Auto premium	Company	Home premium	Total cost
Travelers	$1,823	Allstate	$1,743	$3,566
Travelers	$1,823	Erie	$2,378	$4,201
Travelers	$1,823	Progressive	$2,060	$3,883
Travelers	$1,823	State Farm	$2,124	$3,947
Travelers	$1,823	American Family	$2,347	$4,170
Total cost when bundled with Travelers				$6,210

Should you bundle home and auto insurance with Travelers?

Travelers has a superior AM Best score of A++ and a low complaint score with the NAIC. Customers are loyal and recommend it to others. Travelers is a nationwide company with offices conveniently located throughout the country.

Travelers has some of the highest prices of the carriers we surveyed, with an average annual bundling premium of $6,210 and an average bundling discount of 11%. In many cases we reviewed, buying separate policies for home and auto was cheaper than bundling with Travelers.

Rates vary quite a bit, however, so it’s worth comparing your own quotes from Travelers with other carriers to find the best deal.

Frequently asked questions

Is it cheaper to have home and car insurance together with Travelers?

Bundling with Travelers will save you money if you plan to buy both policies there, but it may not be your cheapest option overall.

Is it worth it to bundle home and auto insurance with Travelers?

Travelers offers an average 11% discount for home and auto bundling. Buying separate home and auto policies often yields better results, but it depends on the state, so always shop around.

What our expert says

Q: How often should you shop for insurance?

David LervigFounder and instructor at the Insurance School of Texas

Methodology

Insure.com commissioned home and auto insurance rates for major carriers from Quadrant Data Services in late 2023. Home insurance rates are based on $300,000 in dwelling and liability coverage and a $1,000 deductible. Auto insurance rates are based on a full coverage policy with 100/300/100 liability limits and $500 deductibles, using the sample profile of a 40-year-old male driving a 2023 Honda Accord LX with a clean driving record and good credit. Quadrant also provided average bundling discounts.