Geico and USAA are both cheaper than Travelers. Travelers car insurance has an average premium of $893 per year for minimum coverage, compared to $796 per year for Geico and $807 per year for USAA.
Geico and Progressive are better than Travelers, based on factors like average premiums, number of discounts available, and customer service record. Of the 10 largest car insurance companies, only Geico, USAA and Progressive are cheaper than Travelers, on average.
Travelers is so cheap because the company offers a wide variety of discounts that almost anyone can get. A minimum coverage policy from Travelers costs an average of $58 per month, and Travelers premiums can be made even cheaper by taking advantage of discounts such as continuous insurance discount and paid-in-full discount. Plus, Travelers rewards customer loyalty with discounts for insuring more than one car and bundling multiple policies, such as home and auto.
The best way to get cheaper car insurance is to compare quotes from multiple companies and then switch to whichever insurer offers the coverage you want at the cheapest rate. Other ways to get cheaper car insurance include taking advantage of discounts, improving your driving record, and raising your credit score.
10 Ways to Get Cheaper Car Insurance
1. Compare quotes every 6-12 months.
Every car insurance company calculates premiums slightly differently,...
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