Country Financial vs. Travelers: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for car insurance, Country Financial offers less expensive prices than Travelers
• Country Financial tends to be a much more affordable option for policyholders who drive fewer than 6,000 miles every year
• Travelers may help you save more money -- they offer more discounts than COUNTRY Financial

Country Financial or Travelers: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering large savings. But exactly how much can you save by switching?

You've maybe even narrowed it down to Country Financial or Travelers as potential options, but between the two, which carrier will offer you cheaper rates?

Looking at nationwide averages, Country Financial is around $29 a month more affordable than Travelers.

That being said, that doesn't necessarily mean Country Financial will be the less expensive option for every driver. Insurance carriers use a variety of complex algorithms to determine prices, so depending on how good your credit score is or where you live (among a wide array of other factors), you could see wildly different premiums from the ones above.

Wanting to know if Country Financial or Travelers is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Country Financial vs. Travelers: Average Car Insurance Rates by State

Country Financial and Travelers compete against each other in six states, with Country Financial offering cheaper premiums to the average driver in all of them. If you live in Arizona, Travelers is the more affordable of the two companies when looking at the overall average rates. Country Financial is the less expensive option in Alabama, Illinois, Minnesota, Nevada, and Oregon.

There are plenty of other factors that go into your auto insurance payment than just your home state. Keep reading to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers normally pay a lot more for car insurance than any group on the road. That's because teen drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

Even so, that doesn't mean teen drivers can't still save money on their auto insurance. For example, 18-year-old drivers pay an average of 25% less per month by choosing Country Financial over Travelers.

However, both carriers will offer you dramatically lower prices by the time you turn 25. Travelers offers the steepest decrease, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Country Financial still has the most affordable rates at $139 a month.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the cheapest premiums you can find.

When looking at Country Financial and Travelers specifically, which company is best for retired drivers? Country Financial gets the edge, with prices for drivers 65 and older $27 cheaper than the national average for Travelers.

Which is the Best Company for Married Drivers?

Married couples tend to get slightly less expensive insurance rates than single drivers. This usually boils down to married policyholders having more than one vehicle on their policy -- something a lot of car insurance companies will reward with discounts.

For those who are single, the difference in average premiums between these two carriers is significant, with Country Financial prices coming in at about 15% less than Travelers's. For married drivers, the advantage is clear again - Country Financial has the edge when it comes to average rates.

Country Financial or Travelers: Average Rates by Gender

Women typically to pay less for auto insurance than men. This is because men are statistically more likely than women to cause a collision and get into accidents, which leads to increased risk for insurers and, therefore, higher premiums.

With Country Financial, men usually pay around $3 a month more than women, and about $10 with Travelers.

Looking at the data for each carrier specifically, Country Financial comes out on top for both men and women. On average, male drivers save about $32 per month and women save around $24 with Country Financial compared to the average Travelers policyholder.

Country Financial vs. 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.

Insurance can be a complicated subject for most people. Everyone needs car insurance, but there are so many different limits and terms that it can be hard to find the right policy for you.

But the most common policies that drivers look at fall into two categories -- liability coverage (that covers bodily injury and property damage for other drivers if you cause a collision) and full coverage (which generally refers to having collision and comprehensive coverages in addition to what you get with a liability policy).

Looking specifically at state minimum liability insurance, Country Financial has the edge, with average monthly prices coming in at $82. If you want a full coverage policy with the same state minimum limits, Country Financial again has the edge, with policies averaging about $194 a month to Travelers's $225.

Is Country Financial or Travelers Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from auto insurance companies offering great premiums 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 at-fault collisions and speeding tickets on your record, but which of these two carriers offers the most affordable prices to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Country Financial for their insurance can normally expect their monthly bill to go up around 23% after getting a speeding ticket. Travelers policyholders can expect a less drastic increase of about 20%.

However, Country Financial has more affordable rates for drivers in both categories. With COUNTRY Financial, drivers with a clean record can save around $23 per month and drivers with a ticket can save about $24 a month.

Which Company is Best for Drivers After an Accident?

Both companies will raise premiums pretty significantly if you get into an at-fault collision with Travelers raising by around 26%. Country Financial has a less extreme climb, but you can still expect to pay nearly 30% more than you were prior to your first accident.

At the end of the day, drivers who use Country Financial end up with the cheaper prices after an accident, with average prices coming in at $147 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 car insurance bill. For example, Travelers increases average rates by more than $75 per month -- that's just under a 40% increase.

But if you end up with a DUI charge and are looking for more affordable premiums, Country Financial tends to be cheaper for the average driver, with monthly premiums coming in at about $165 to Travelers's $205.

How does Credit Score Impact Country Financial and Travelers Rates?

Did you know many auto insurance carriers take your credit score into account when determining prices? This isn't true for everyone (Massachusetts, for example, has banned the use of credit score as an auto insurance factor) but it does affect quite a few drivers out there.

Insurance companies argue that someone with bad credit is less likely to pay their bills on time, which makes them riskier to insure. Because of that, policyholders with bad credit will often be forced to pay more.

So, which company offers the lowest rates for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, Country Financial will generally reward you the most. For policyholders with "excellent" credit scores, Country Financial comes in NaN more affordable. Drivers with "good" credit scores usually save around 15% with Country Financial compared to average prices from Travelers.

Which Company is Best for Drivers with Bad Credit?

Country Financial typically offers lower premiums than Travelers when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay about 27% a month less with Country Financial compared to Travelers, and those with "poor" scores typically save an average of around 19% per month.

Is Country Financial or Travelers Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in how much auto insurance carriers will charge for coverage. That's because the more milage you put on your car each year, the more likely you are to be in an accident and file an insurance claim.

For both remote workers and those taking short commutes, Country Financial tends to be the cheaper option. Travelers's average rates for drivers with 6,000 annual miles come in more than 15% more expensive than Country Financial. Those who drive 12,000 miles yearly can expect to pay nearly 20% more with Travelers over Country Financial.

Country Financial or Travelers: Compare Rates for Urban, Suburban, and Rural Drivers

Where you park your vehicle can play a large role in how much you pay for insurance. Generally, those who live in urban areas will pay more than drivers in rural areas since there are a lot more cars on the road where they live, which increases the chances of an accident.

Country Financial boasts the cheapest average premiums for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Country Financial's average prices are about $175 while Travelers offers rates around $204. People in suburban areas pay about $131 with Country Financial compared to Travelers's $160 monthly. If you live in a rural area, you can expect to pay around $109 per month with Country Financial and $136 with Travelers.

Country Financial vs. Travelers Discounts

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

But with what seems like a million different discounts out there, it can be difficult to nail down the carrier that has the most discounts for your unique driver profile and to find all the discounts you qualify for.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Country Financial and Travelers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Travelers knocks Country Financial out of the park when it comes to the sheer number of discounts available, offering 15 more discounts than Country Financial.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a good student, and group discounts. Travelers also offers discounts for ABS, advance quote, alternative fuel, and more.

On the other hand, Country Financial has a few proprietary discounts of their own for things like occupation discounts, simply drive discounts, and telematics discounts.

Final Thoughts: Is Country Financial or Travelers Best for You?

You've seen the effect certain variables have on your auto insurance and the different discounts companies offer. That's all well and good, but at the end of the day, is Country Financial or Travelers the best one for you and your specific driver profile?

Country Financial might be best for you if....

• You have an at-fault accident on your record.
• You're looking for the best premiums on liability only coverage.
• You have a short commute.

Travelers might be best for you if...

• You value the experience that comes with a large national insurance company.
• You want to save extra money with discounts.

Hopefully, this guide helps you get a better idea of the difference between Country Financial 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 multiple carriers, not just Country Financial and Travelers. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance companies in your area, all in just a few minutes.

Country Financial vs. Travelers FAQs

Is Country Financial or Travelers cheaper?

Country Financial is the less expensive of the two carriers when looking at national average prices, with policies averaging $138 per month with Country Financial and $167 for Travelers. But that doesn't mean Country Financial will be the lowest carrier for each driver, since there are multiple different factors that come into play when it comes to your car insurance cost.

Who is better, Country Financial or Travelers?

Unfortunately, the answer truly is "it depends.". Neither company is "better" for every policyholder -- it all boils down to your unique insurance profile.

Why do Country Financial and Travelers offer me different rates?

Auto insurance companies use many different variables when calculating the rates they charge. Factors like age, where you call home, gender, your driving record, and sometimes even things like your credit score can all come into play. Both Country Financial and Travelers calculate prices differently, so it's likely they'll offer different premiums. The best way to determine which carrier is the most affordable for you is by comparing personalized quotes from lots of different carriers.

How do I know if Country Financial or Travelers is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from a handful of companies and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your area information and you'll get quotes from dozens of your local top auto insurance carriers for free. That way, you can guarantee you're getting the best premium. And maybe you'll find that the best carrier for you isn't Country Financial or Travelers at all, but another you hadn't even thought of!

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.