Does Travelers offer a low mileage discount? This question is about Travelers Insurance

Does Travelers offer a low mileage discount?

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This question is about Travelers Insurance

WalletHub, Financial Company

@WalletHub • 07/01/21 This answer was first published on 07/01/21. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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No, Travelers does not offer a specific low mileage discount. Travelers premiums do take mileage into account, however, as rates are an average of 15% lower for customers who drive 7,500 miles annually than for customers who drive 15,000 miles annually, according to WalletHub data.

Low mileage drivers usually save on their Travelers premium because less time on the road means a smaller chance of filing a claim. Besides offering lower premiums for low mileage drivers, Travelers offers good student, safe driver and driver training discounts, among others.

To learn more, check out WalletHub’s guide to Travelers discounts.

Answer Question

Does Travelers have a multi-car discount?

Yes, Travelers has a multi-car discount up to 8%. To qualify for the Travelers multi-car discount, a customer must insure two or more cars on the same Travelers auto insurance policy. The discount automatically applies to a qualifying Travelers policy, but it does not compound, meaning you won’t get a bigger discount for insuring more vehicles.... read full answer

In addition to Travelers’s multi-car discount, the company offers other ways for customers to save money on their premiums, such as the multi-policy discount, safe driver discount, and new car discount, among others. For more information, check out the complete list of Travelers discounts. And if you’re unsure whether a discount that you qualify for is being applied to your policy, you can contact Travelers by calling 1 (800) 842-5075.

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Are Travelers insurance rates competitive?

Yes, Travelers insurance rates are competitive, as the company is one of the 10 cheapest insurers nationally, according to WalletHub data. Travelers car insurance costs an average of $639 per year, or $53 per month.

Travelers’ car insurance rates are based on your driving record and experience, along with factors like the type of car you drive, your ZIP code, your insurance history, and more. Your coverage and deductible choices also impact your final quote, as do your eligibility for discounts.... read full answer

Sample Travelers Car Insurance Rates

Age	Average Annual Cost of Minimum Coverage
16	$1,372 per year
21	$881 per year
25	$730 per year
45	$639 per year
65	$644 per year

Note: These rates are approximations based on sample quotes from Travelers. Actual rates will vary.

To learn more about how we obtained these sample quotes, check out the methodology section of our complete Travelers car insurance review.

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How do I get a good driver discount for car insurance?

You can get a good driver discount for car insurance by keeping a clean record for several years. Eight of the 10 largest insurance companies offer a good driver discount, though exact requirements and discount amounts vary.

Good Driver Discounts by Car Insurance Company

... read full answer

Insurance Company	Eligibility	Discount Amount
State Farm	Drivers who stay accident free for 3 years	Amount varies
Geico	Drivers who stay accident free for 5 years	22%
USAA	Drivers who stay accident and ticket free for 5 years	Amount varies
Liberty Mutual	Drivers who stay accident and ticket free for several years	Amount varies
Farmers	Drivers who stay accident and ticket free for 3 years	Amount varies
Nationwide	Drivers who stay accident and ticket free for 5 years	Amount varies
American Family	Drivers who stay accident, ticket, and claim free for 5 years	Amount varies
Travelers	Drivers who stay accident free for 3 years	23%

To learn more, check out WalletHub’s guide to car insurance discounts.

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