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

Quick Facts

• In general, Travelers offers cheaper premiums than Cumberland Mutual
• Cumberland Mutual offers more affordable average prices for residents of suburban areas
• Travelers tends to be a much less expensive option for drivers who have an at-fault accident on their record

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

So, you're considering switching your auto insurance. You've probably seen commercials and billboards from companies offering hefty discounts, but exactly how much money can you save by switching?

You've maybe even narrowed your search down to Cumberland Mutual or Travelers as potential options, but which company has cheaper rates for auto insurance?

As you can see, Cumberland Mutual is about $26 more per month than Travelers when looking at the national average rates for insurance.

Even so, that doesn't necessarily mean Travelers will be the more affordable option for every driver. After all, car insurance companies can offer drastically different rates to each driver depending on rating factors like where you call home, your age, your driving record, or even your credit score (among other things), so prices will vary quite a bit from person to person.

So, if you want to find out which of Cumberland Mutual or Travelers is really the best for you, keep reading to see average premiums for each carrier broken down by several different rate factors.

Cumberland Mutual or Travelers: Average Car Insurance Rates by State

Cumberland Mutual and Travelers only compete against each other in two states, with Travelers offering less expensive prices to the average driver in all of them. Maryland has the most noticable difference, where Travelers rates are over 50% cheaper than auto insurance premiums at Cumberland Mutual.

There's a lot more that goes into your insurance bill than just where you live. Read on to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- usually pay a lot for car insurance compared to older drivers. That's because young, inexperienced drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high prices, teen drivers can still find ways to save money. As you can see above, teens who use Travelers save more than $95 a month compared to those who use Cumberland Mutual.

That being said, both carriers will reduce rates by the time drivers turn 25. Travelers offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Cumberland Mutual's average premiums drop over 55% during that same period.

Which is the Best Company for Retired Drivers?

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

But who has the best premiums for retired drivers between Cumberland Mutual and Travelers? Cumberland Mutual gets the slight edge, with prices for drivers 65 and older nearly 10% more affordable than the national average for Travelers.

Which is the Best Company for Married Drivers?

Did you know that car 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 many insurance companies will reward with discounts.

When it comes to relationship status, Travelers is the clear winner for single drivers, with premiums around $38 per month less expensive than Cumberland Mutual, on average. But for married couples, that advantage is much less clear - Travelers offers the lowest average prices , but the difference is only $10.

Cumberland Mutual vs. Travelers: Average Rates by Gender

Men normally pay more for auto insurance than women. This is because men are statistically more likely than women to get into collisions and get tickets, which leads to increased risk for insurers and, therefore, higher rates.

Generally, men see premiums almost $10 a month higher with Cumberland Mutual, and more than $10 with Travelers.

Looking at overall affordability, Travelers comes out as the most affordable option for both genders. On average, women save about $27 per month and men save about $25 with Travelers compared to the average Cumberland Mutual policyholder.

Cumberland 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.

It's no secret that insurance can be pretty complicated. Everyone needs car insurance, but there are so many different terms and coverages that it can be hard to find the right policy.

But most policies end up falling into two different types of coverage -- liability only (which covers the other party's property damage and injuries if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to what you get with liability).

In this case, Cumberland Mutual offers the cheapest average rates for state minimum limits for liability insurance, while Travelers has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $2 with Cumberland Mutual, while full coverage comes out to be around $55 cheaper with Travelers.

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

It's no big secret that drivers who are accident-free get better deals on their auto insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Tickets and at-fault accidents will most likely raise your premiums, but is Cumberland Mutual or Travelers more affordable for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Cumberland Mutual policyholders can expect their prices to go up an average of $18 a month if they get a ticket, while Travelers typically raises rates about $32 per month, on average.

However, Travelers is generally the cheaper option for drivers both with a speeding ticket and with a clean record. Drivers with a clean record can save around $41 a month and drivers with a ticket can save about $27 per month with Travelers.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through Cumberland Mutual can expect to see around an $14 -- or about 8% -- increase in their car insurance premiums. Drivers who use Travelers for their auto insurance will see a monthly bill around $45 (or 26%) more expensive after reporting a collision to their insurance company.

Overall, Travelers offers the lowest prices for drivers with an at-fault collision on their records, with monthly rates averaging $173 compared to Cumberland Mutual's $183.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly car insurance bill -- usually a lot more than an accident or speeding ticket. Travelers drivers usually see a 38% climb in their auto insurance premiums after a DUI charge, while Cumberland Mutual will normally increase prices by about 27%.

How does Credit Score Impact Cumberland Mutual and Travelers Rates?

You may not have known, but your credit score can come into play when carriers calculate your monthly bill. Certain states and companies do not allow for credit score to be used as a rating factor, but it will come into play for several policyholders.

The reasoning insurance carriers use is that drivers with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper rates, while those with poor credit will usually be forced to pay more.

So, which carrier offers the best prices for policyholders with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Cumberland 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 considerable impact on your monthly car insurance payment? Typically, the more miles you put on your car, the more you can expect to pay for auto insurance.

Travelers tends to be the more affordable option for both drivers who put 6,000 miles on their vehicles yearly, as well as those who average twice that figure. Travelers's average premiums for drivers with 6,000 annual miles come in around $28 less expensive than Cumberland Mutual. Those who drive 12,000 miles annually can expect to pay about $24 less with Travelers over Cumberland Mutual.

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

Where your home is can have a big impact on your monthly insurance cost. Normally, if you live in a rural area with fewer cars on the road, you'll pay a little less for car insurance, while the opposite is true for people in urban areas.

When comparing these two companies side-by-side, Cumberland Mutual generally comes out as the cheaper option for drivers in rural and suburban areas, while Travelers wins in urban areas.

In urban areas, Travelers's average premiums are around $126 less than Cumberland Mutual. Drivers in suburban ZIP codes pay about $28 less with Cumberland Mutual compared to Travelers. If you live in a rural area, you can expect to save around $20 with Cumberland Mutual compared to Travelers.

Cumberland Mutual vs. Travelers Discounts

Regardless of why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by taking advantage of 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're eligible for.

In the section below, we've compared all of the different discounts offered by Cumberland Mutual and Travelers so that you can find the carrier that has the most discounts and, therefore, the biggest savings.

Travelers blows Cumberland Mutual away when it comes to the sheer amount of discounts available, offering 10 more discounts than Cumberland Mutual.

There are a couple discounts both carriers offer, but Travelers also offers advance quote discounts, alternative fuel discounts, continuous insurance discounts, and more that Cumberland Mutual does not.

On the flip side, Cumberland Mutual has a couple unique discounts of its own -- employee discounts, renewal discounts, and senior mileage discounts.

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

So, we've broken down the average prices for many of the factors auto insurance companies look at, and walked through the different discounts each carrier offers, too. But, at the end of the day, which insurance company is the best one for you and your specific driver profile?

Travelers might be best for you if....

• You have a clean driving record, free of collisions, tickets, or DUIs.
• You already have a great credit score.
• You've started working from home and don't have much of a commute.

Cumberland Mutual might be best for you if...

• You live in an suburban area.
• Your neighborhood is in a rural area.
• You are over 65 years old and want to save some money on your insurance.

We hope this guide helps you get a better idea of the difference between Cumberland Mutual and Travelers and that you can now make a more informed 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 carriers, not just Cumberland Mutual and Travelers. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get multiple free quotes from some of the best insurance companies in your area, all in just a few minutes.

Cumberland Mutual vs. Travelers FAQs

Is Cumberland Mutual or Travelers cheaper?

Looking just at the national average rates, Travelers is the more affordable of the two carriers, offering average rates of $167 a month compared to $193 for Cumberland Mutual. But Travelers won't necessarily be the cheapest carrier for everyone, since there are a bunch of different variables (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, Cumberland Mutual or Travelers?

Unfortunately, the real answer is "it depends.". One company is not necessarily "better" for every driver -- it all depends on the makeup of your unique car insurance profile. For example, Travelers offers less expensive premiums for single drivers, while Cumberland Mutual is cheaper for drivers who have already retired.

Why do Cumberland Mutual and Travelers offer me different rates?

Auto insurance companies take a look at a lot of different factors when calculating the prices they charge policyholders. Variables such as where you call home, age, gender, where you live, and sometimes even things like your credit score can all be used. Both Cumberland Mutual and Travelers calculate rates differently, so each one will most likely offer different premiums. The only real way to see which carrier is the most affordable for you is by comparing personalized quotes from a variety of different carriers.

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

The only way to find the insurance company that's right for you is by getting quotes from several companies 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 information once and you'll get free quotes from dozens of the best car insurance carriers in your area. With those, you can guarantee you're getting the lowest price. And who knows, the best carrier for you might not be Cumberland 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.