Travelers vs. Progressive Car Insurance: Expert Recommended (2024)

Navigating the intricate world of auto insurance rates demands a keen awareness of how various factors can shape the financial landscape for drivers. In this analysis, we delve into the data to unveil the insurance industry’s response to key variables such as credit score, mileage, coverage level, and driving record. Our goal is to provide a concise guide that illuminates the optimal insurance choices tailored to individual customer profiles. Whether you boast a stellar credit score or prioritize low-mileage perks, this exploration pinpoints the insurance company that consistently offers the most advantageous rates, ensuring that you can make an informed decision that aligns with your unique needs and circumstances.

Travelers Car Insurance

Pros:

• Wide Variety of Discounts: Travelers offer a diverse range of discounts, providing potential savings for various driver profiles.
• Competitive Rates for Drivers Over 35: Rates for drivers over 35 are competitive, making Travelers a solid choice for mature drivers.
• Better Rates for DUI Convictions: Travelers are more lenient with DUI convictions, resulting in lower rate increases compared to Progressive.

Cons:

• Higher Rates for Young Drivers: Rates for young drivers are higher compared to Progressive, making it less attractive for this demographic.
• Limited Digital Innovation: While Travelers has mobile apps, its digital tools and innovations may not be as extensive as Progressive’s.

Progressive Car Insurance

Pros:

• Lower Rates for Young Drivers: Progressive offers lower rates for young drivers, making it a preferred choice for this demographic.
• Better Rates for Speeding Tickets: Progressive provides lower rate increases for speeding tickets compared to Travelers.
• Innovative Usage-Based Programs: Progressive’s Snapshot program offers innovative usage-based discounts for safe driving habits.

Cons:

• Higher Rates for DUI Convictions: Progressive has higher rate increases for drivers with DUI convictions compared to Travelers.
• Fewer Discounts: Progressive offers fewer discounts compared to Travelers, potentially limiting savings opportunities.

Progressive Car Insurance Takes the Lead

When assessing Travelers and Progressive car insurance, Progressive Car Insurance emerges as the stronger choice, taking into account rates and overall offerings.

Innovative Usage-Based Programs: Progressive’s Snapshot program showcases the company’s commitment to innovation in the insurance industry, providing an additional layer of affordability for policyholders.

Overall Affordability and Varied Discounts: Progressive’s competitive rates, especially for key risk factors, coupled with a range of discounts, make it an attractive option for cost-conscious consumers.

Digital Innovation and User-Friendly Apps: The company’s commitment to digital innovation is reflected in its user-friendly mobile apps, offering convenient access to policy information, claims filing, and usage-based programs.

Strong Financial Standing: Progressive’s exceptionally strong financial strength rating from A.M. Best provides added confidence in the company’s ability to meet ongoing insurance obligations.

Addressing Customer Needs: While Travelers has its strengths, Progressive’s focus on addressing the specific needs of young drivers, and individuals with speeding tickets, and its commitment to innovation positions it as the preferred choice.

While individual preferences and circumstances may vary, for a comprehensive and affordable coverage experience, Progressive takes the lead among the two.

Is Travelers car insurance or Progressive Car Insurance Cheaper Based on age?

It’s completely fair for car insurance companies to base rates on your age. After all, the more experience driving we have, the better drivers we become. Some states will also base your car insurance rates on gender and/or marital status, though several states have outlawed this practice.

The table below compares average annual premiums between Progressive and Travelers by age tier.

Travelers vs Progressive Average Annual Car Insurance Rates by Age, Gender, and Marital Status

Progressive’s rates for young drivers are 7 to 25 percent lower than Travelers. On the other hand, car insurance rates for drivers 25 to 35 from Progressive rates are 11 to 16 percent more expensive than Travelers.

For drivers over 35, Progressive’s rates and Traveler’s rates are fairly competitive.

So when it comes to competitive rates, Traveler’s car insurance vs. affordable car Progressive insurance, expect to pay lower rates with Progressive if you have a teen driver in your household.

Is Travelers Car Insurance or Progressive Car Insurance Cheaper Based on Driving Record?

Speeding tickets, accidents, DUIs, and other traffic violations will increase your Travelers and Progressive car insurance rates.

Travelers vs Progressive Average Annual Car Insurance Rates by Driving Record

Progressive’s rates are lower if you have a speeding ticket on your driving record but more expensive than Travelers if you have an accident on your driving record.

Expect your rate to increase by 24 percent if you get a speeding ticket while with Travelers, but with Progressive, it would be raised by only 18 percent.

On the other hand, expect your rates to be the same with Travelers whether you get a speeding ticket or you cause an accident. However, if you were to get a speeding ticket or cause an accident while with Progressive, your rate would be almost twice as much as a driver with a clean driving record.

However, Progressive is a better choice if you have a DUI on your past driving record. But if you did get a DUI while with Progressive, they will be more lenient, and your rates will increase by only 17 percent.

In the same scenario, your Travelers car life insurance quote would increase by 67 percent.

Is Travelers Car Insurance or Progressive Car Insurance Cheaper Based on Credit Score?

Just like gender and marital status, more states are outlawing car insurance rates based on credit score.

Your credit score is a strong reflection of your consistency with paying your bills, but the reason it is being outlawed is that rates quoted by insurance companies assume those with higher credit scores are better drivers.

Travelers vs Progressive Average Annual Car Insurance Rates by Credit Score

Progressive car insurance rates are cheaper than Travelers no matter what type of credit score you have.

Both Progressive and Travelers are fairly easy on drivers based on credit score. With other car insurance companies, expect to pay up to double in car insurance rates if you have a less-than-stellar credit score.

If you renew your six-month policy, and you notice your rate has increased, it could be because your credit score dropped in the previous six months. Use your Progressive login or Travelers login to make adjustments to your coverage levels, if needed, to reduce your rate.

Where you live is the biggest factor in determining your car insurance rates because of state laws. Be sure to check your state car insurance guide before judging Travelers and Progressive car insurance rates by credit score.

Do Travelers or Progressive Have Better Car Insurance Discounts?

Each company has its own selling point, and sometimes that comes down to who has the best discount that applies to your specific situation.

Travelers vs Progressive Car Insurance Discounts

Travelers outdoes Progressive with nine more discounts.

Both Travelers and Progressive provide a discount for when you use their driving app or driving device. You would save 30 percent with Travelers and 20 percent with Progressive by participating in their usage-based car insurance programs.

But, if you aren’t open to usage-based car insurance, you can still save 15 to 23 percent with Travelers if you have made on-time payments, had continuous coverage, are claim-free, or are a safe driver.

Do Travelers or Progressive Have Better Car Insurance Mobile Apps?

Most of the top 10 car insurance companies have mobile apps to access policy information and/or make payments and a separate mobile app that tracks your driving habits (usage-based car insurance).

Commonly, your progressive insurance login or travelers insurance login will work with both the general app and the driving app.

Read about Travelers’ IntelliDrive and Progressive’s Snapshot usage-based car insurance apps in our Travelers company review and our Progressive company review.

Effortless Claims Handling With Travelers vs. Progressive Car Insurance

Ease of Filing a Claim

When it comes to filing a claim with Travelers and Progressive Car Insurance, both companies offer multiple channels for convenience. Customers can file a claim online through their respective websites, over the phone via customer service hotlines, or even through mobile apps.

These options ensure that policyholders can choose the method that suits them best, whether they prefer the ease of online filing or the personalized assistance of a phone call.

Average Claim Processing Time

The speed at which an insurance company processes claims is crucial for policyholders facing unexpected expenses. While specific processing times may vary depending on the nature and complexity of the claim, both Travelers and Progressive strive to handle claims efficiently.

However, it’s essential to consult with the respective companies or check their websites for up-to-date information on claim processing times.

Customer Feedback on Claim Resolutions and Payouts

Customer feedback is a valuable indicator of an insurance company’s performance in handling claims. Travelers and Progressive have their strengths and weaknesses in this regard, with some policyholders expressing satisfaction with their claim resolutions and payouts, while others may have had different experiences.

It’s advisable for potential customers to research and read reviews to get a better understanding of the overall satisfaction levels with claim resolutions from both insurers.

Exploring Travelers vs. Progressive Car Insurance Digital and Technological Innovations

Mobile App Features and Functionality

Both Travelers and Progressive offer mobile apps that provide policyholders with convenient access to their insurance information. These apps typically allow customers to view policy details, make payments, and even file claims directly from their mobile devices.

The functionality and user-friendliness of these apps can vary, so it’s a good idea to explore them and determine which one aligns better with your preferences.

Online Account Management Capabilities

Managing your insurance policy online is made easier with the online account management features provided by Travelers and Progressive. Policyholders can log in to their accounts through the respective websites, where they can make changes to their policies, view billing information, and access important documents.

The ease of use and available options may differ, so it’s recommended to explore both platforms to see which one suits your needs.

Digital Tools and Resources

Digital tools and resources offered by Travelers and Progressive can include educational materials, coverage calculators, and other resources to help policyholders make informed decisions about their insurance.

These tools can be valuable for understanding policy options and coverage details. It’s worth exploring what each company offers in terms of digital resources to assist you in making well-informed choices regarding your insurance coverage.

How do Travelers and Progressive Car Insurance Compare in Financial Strength and Customer Satisfaction?

Reviewing ratings from three different agencies will provide you with a good picture of how a car insurance company works with its consumers, handles complaints, and their overall financial strength.

A.M. Best scores companies based on their ability to meet their ongoing insurance obligations, such as balancing premiums collected and claims paid. The highest score A.M. Best award is Superior A++.

Consumer Reports collects annual data from its subscribers regarding customer satisfaction of the claims process, step by step. In their 2017 survey, 27 insurance companies were rated, and scores ranged between 86 and 96.

And the National Association of Insurance Commissioners (NAIC) calculates a complaint ratio based on the total number of customers against the total number of complaints. In 2017, the national average complaint ratio was 1. The lower the ratio, the better.

Travelers vs Progressive Ratings

A.M. Best does not provide a financial strength rating for Travelers, but Progressive comes in exceptionally strong.

Travelers’ customers report greater satisfaction through the claims process. Travelers also has a lower complaint rate.

The results provide insights into customer satisfaction in key areas: auto insurance cost policy offerings, Claim Customer interactions, the billing process, and policy information.  Nationwide an “average” rating based on customers‘ opinions of and experiences with the company.

Read more: Will my insurance premium increase if I file a car insurance claim with Progressive?

Travelers vs. Progressive Car Insurance: The Bottom Line

Both auto insurance companies offer affordable coverage for drivers with risk factors like poor credit and DUI convictions.

Now that you’ve finished this Travelers vs. Progressive car insurance review, use our FREE comparison tool to compare quotes of companies in your area.