Cameron Mutual vs. Travelers: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, Cameron Mutual offers significantly less expensive premiums than Travelers
• Cameron Mutual offers more affordable prices for policyholders who live in the suburbs
• Travelers offers more discounts than Cameron Mutual Insurance Company

Cameron Mutual vs. Travelers: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. After all, you've seen ads from all sorts of companies offering large discounts. But exactly how much can you save by switching?

You might have narrowed it down to Cameron Mutual or Travelers, but which one will offer you cheaper premiums?

As you can see, Cameron Mutual is quite a bit cheaper than Travelers, with prices averaging $124 per month compared to $167 with Travelers when looking at the national average rates for insurance.

But that doesn't mean Cameron Mutual will necessarily be more affordable than Travelers for every driver. Auto insurance companies vary their rates depending on things like how good your credit score is, how clean your driving record is, how old you are, where you live, and a variety of other factors. So, at the end of the day, prices from each company will differ quite a bit from person to person.

Luckily, we've broken down average rates from both Cameron Mutual and Travelers by multiple different rate factors, so read on to find out which carrier is the best for you.

Cameron Mutual or Travelers: Average Car Insurance Rates by State

Cameron Mutual and Travelers only compete against each other in two states, with Travelers offering less expensive premiums to the average driver in all of them. Arkansas has the most noticable difference, where Travelers rates are over 15% more affordable than car insurance premiums at Cameron Mutual.

But there's more to insurance than just where you live. As we mentioned above, there's a lot of things that go into how car insurance carriers calculate your prices. Read on to learn more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers normally pay a lot more for auto insurance than any group on the road. The reason is that young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

However, that doesn't mean teen drivers can't still save money on their insurance. Just look at the table above -- where 18-year-old drivers who have Cameron Mutual for their auto insurance pay nearly $75 less than those who use Travelers.

Even so, with both companies, you'll see your rates lower significantly once you turn 25. For example, average prices for Cameron Mutual policyholders decrease more than $150 and Travelers's premiums drop about $200 over that time.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the lowest car insurance prices you'll ever see. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for auto insurance.

So, which company offers the best rates to retired drivers? Cameron Mutual gets the edge, with prices for drivers 65 and older over 40% cheaper than the national average for Travelers.

Which is the Best Company for Married Drivers?

Did you know that insurance rates are typically more expensive for single policyholders than they are for married drivers? This usually boils down to married policyholders having multiple cars on their policy -- something several car insurance carriers will reward with discounts.

When it comes to relationship status, Cameron Mutual is the clear winner for single drivers, with premiums around $43 a month more affordable than Travelers, on average. The advantage for married couples with Cameron Mutual is also obvious, where drivers save more than 30% per month.

Cameron Mutual vs. Travelers: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident, which means they'll usually end up paying more for insurance than women.

On average, women see prices almost 10% a month less with Cameron Mutual, while with Travelers, the difference is closer to 6% per month.

Looking at overall affordability, Cameron Mutual comes out as the cheapest option for both genders. On average, women save about $43 a month and men save about $41 with Cameron Mutual compared to the average Travelers policyholder.

Cameron Mutual or Travelers: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

Car insurance can be a complicated subject for most people. There are a variety of different coverages that account for several different things. Some protect you and your vehicle, while others only provide coverage for other people's property and health if you cause a collision.

The two most common policies that many drivers look at fall into two categories -- liability only (that covers property damage and bodily injury for other drivers and their passengers if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, alongside liability coverage).

If you're looking for state minimum liability limits, Cameron Mutual generally offers significantly less expensive premiums of $53 compared to Travelers's $108. When it comes to full coverage policies with similar limits, Cameron Mutual again has the edge, with policies around $30 per month cheaper than Travelers, on average.

Is Cameron Mutual or Travelers Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from auto insurance companies offering great rates for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

You'll probably end up paying more with tickets and at-fault accidents on your record, but which of these two carriers offers the lowest premiums to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers with Cameron Mutual car insurance policies don't report seeing their prices increase after getting a ticket, but Travelers policyholders can expect to see their monthly bill increase by about a quarter.

That being said, Cameron Mutual is normally the less expensive option for both drivers who have clean records and those with a recent ticket -- their rates are around 14% cheaper for drivers with clean records and 31% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their auto insurance through Cameron Mutual can expect to see around an $14 -- or about 11% -- increase in their insurance rates. Drivers who use Travelers for their car insurance will see a monthly bill around $45 (or 26%) more expensive after reporting a collision to their auto insurance carrier.

Overall, Cameron Mutual offers the most affordable prices for drivers with an at-fault accident on their records, with monthly rates averaging $124 compared to Travelers's $173.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or speeding ticket when it comes to your insurance bill. On average, Travelers will climb your premiums about 38% after a DUI, while Cameron Mutual's average rates rise by just under 30%.

How does Credit Score Impact Cameron Mutual and Travelers Rates?

You may not realized it, but your credit score can be used as one of the factors to determine your monthly auto insurance premiums. Certain states and companies do not allow for credit score to be used as a rating factor, but it does affect lots of policyholders out there.

Insurance carriers argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, drivers with good credit will often be rewarded with cheaper prices.

So, which company offers the cheapest rates for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Cameron Mutual or Travelers Better for Drivers who Work from Home or Have Short Commutes?

Did you know that the amount of time you spend in your car have a pretty big impact on how much car insurance companies will charge for coverage? Usually, the more miles you put on your car, the more you can expect to pay for coverage.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Cameron Mutual charges. However, there's a small difference in monthly premiums for Travelers, with policyholders who drive the least paying around $5 less every month compared to those who drive 12,000 miles annually. Still, Cameron Mutual is the more affordable option for drivers in both categories.

Cameron Mutual vs. Travelers: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a big impact on your monthly insurance bill. Typically, drivers who live in heavily-populated urban areas will pay quite a bit more than rural policyholders because of the number of vehicles that are on the roads in those areas.

Cameron Mutual tends to offer the cheapest premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

Drivers in rural ZIP codes see the lowest prices from both carriers, but Cameron Mutual comes out on top with average rates about $116 per month. Cameron Mutual also has less expensive average prices for policyholders in urban and suburban ZIP codes -- a 34% and 24% a month respective difference when compared to Travelers drivers in similar areas.

Cameron Mutual vs. Travelers Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many car insurance discounts as you can.

But where do you even start? With so many discounts out there, it may seem hard to find all the of the ones you qualify for.

Below, we've taken a look at all of the different discounts Cameron Mutual and Travelers offer their customers so that you can see which company offers the most discounts and see which ones you might be able to take advantage of.

Travelers blows Cameron Mutual away when it comes to the sheer amount of discounts available, offering 19 more discounts than Cameron Mutual.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a good student, and passive restraint discounts. Travelers also offers ABS discounts, advance quote discounts, alternative fuel discounts, and more that Cameron Mutual does not.

On the flip side, Cameron Mutual has a couple unique discounts of its own -- education discounts, renewal discounts, and umbrella policy discounts.

Final Thoughts: Is Cameron Mutual or Travelers Best for You?

So, you've seen how different variables can affect your auto insurance rates. We've shown you all the discounts each company offers, too. That's all well and good, but at the end of the day, which carrier is the best carrier for you and your specific driver profile?

Cameron Mutual might be best for you if....

• You have a DUI charge on your record.
• You live in an suburban area.
• You drive fewer than 12,000 miles each year.

Travelers might be best for you if...

• You're planning on moving to another state soon -- undefined only offers policies to residents.
• You're looking for discounts -- Travelers has the most.

We hope this guide helps you get a better idea of the difference between Cameron Mutual and Travelers. We also hope we've given you the information you need to make the best decision when it comes to your car insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on auto insurance -- comparing quotes from a handful of companies, not just Cameron Mutual and Travelers. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of the top insurance carriers in your area, all in just a few minutes.

Cameron Mutual vs. Travelers FAQs

Is Cameron Mutual or Travelers cheaper?

Looking just at the national average premiums, Cameron Mutual is the cheaper of the two companies, offering average rates of $124 per month compared to $167 for Travelers. However, Cameron Mutual won't necessarily be the cheapest company for everyone, since there are lots of different factors (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Cameron Mutual or Travelers?

Unfortunately, the only answer we can give you is "it depends.". No single carrier is "better" for every driver -- it all comes down to what your unique car insurance profile looks like.

Why do Cameron Mutual and Travelers offer me different rates?

Insurance carriers take a look at many different variables when calculating the rates they charge policyholders. Factors such as your driving record, gender, where you park your car, age, and sometimes even things like your credit score can all come into play. Both Cameron Mutual and Travelers calculate premiums using different formulas, so each one will most likely offer different prices. The only real way to see which company is the lowest for you is by comparing personalized quotes from a range of different companies.

How do I know if Cameron Mutual or Travelers is right for me?

The only way to find the auto insurance carrier that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your area information and you'll get free quotes from dozens of the best insurance companies in your area. That way, you can guarantee you're getting the most affordable price. And who knows, the best company for you might not be Cameron Mutual or Travelers at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.