First American Property & Casualty vs. Travelers: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, First American Property & Casualty offers slightly cheaper rates than Travelers
• First American Property & Casualty has less expensive prices for drivers who have an at-fault accident on their record
• Travelers offers more affordable average rates for policyholders who live in the suburbs

First American Property & Casualty vs. Travelers: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? With so many ads from all sorts of companies offering big discounts, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed it down to First American Property & Casualty or Travelers as your top options, but which company has cheaper premiums for car insurance?

Looking at the national average rates for both companies, First American Property & Casualty is about $0 per month more affordable than Travelers.

Even so, that doesn't mean First American Property & Casualty will necessarily be less expensive than Travelers for every single driver. Auto insurance carriers vary their rates depending on things like how old you are, where you live, how clean your driving record is, how good your credit score is, and a ton of other factors, so prices will vary quite a bit from person to person.

So, if you want to find out which of First American Property & Casualty or Travelers is really the best for you, keep reading to see average premiums for each carrier broken down by many different rate factors.

First American Property & Casualty or Travelers: Average Car Insurance Rates by State

First American Property & Casualty and Travelers only compete against each other in California, where Travelers offers the cheaper average rates. For California residents, Travelers offers insurance for $155 a month on average. First American Property & Casualty's average premiums come out to be more expensive, at $167 monthly.

There are plenty of other factors that go into your car insurance bill than just where you call home. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for insurance compared to older drivers. That's usually because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

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 $6 a month compared to those who use First American Property & Casualty.

That being said, both companies will drop rates by the time you turn 25. Travelers offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. First American Property & Casualty's average prices decrease more than 55% during that same period.

Which is the Best Company for Retired Drivers?

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

But who has the best premiums for retired drivers between First American Property & Casualty and Travelers? First American Property & Casualty gets the slight edge, with rates for drivers 65 and older nearly 10% cheaper than the national average for Travelers.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance prices tend to be less expensive for married policyholders than they are for single policyholders. This usually boils down to married couples having more than one car on their policy -- something quite a few auto insurance carriers will reward with discounts.

When it comes to relationship status, Travelers is the winner for those who are single, with premiums around $3 per month more affordable than First American Property & Casualty, on average.

First American Property & Casualty vs. Travelers: Average Rates by Gender

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

Women and men end up paying same monthly prices with First American Property & Casualty, and over $10 with Travelers.

Looking at overall affordability, First American Property & Casualty is the lowest company for men. Rates with First American Property & Casualty are $5 less for men, while women can save about $6 with Travelers.

First American Property & Casualty 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 a complicated subject for most people. Everyone needs car insurance, but there are so many different limits and coverages that it can be hard to find the right policy.

However, most policies that many drivers look at fall into two categories -- 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, alongside liability coverage).

In this case, First American Property & Casualty offers the cheapest average premiums for state minimum liability limits, while Travelers has the edge for full coverage policies with similar coverage limits. Drivers looking for basic state minimum coverage can save around $40 with First American Property & Casualty, while full coverage comes out to be around $40 less expensive with Travelers.

Is First American Property & Casualty 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.

You'll probably end up paying more with accidents and tickets on your record, but which of these two companies offers the most affordable rates to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

First American Property & Casualty policyholders can expect their premiums to go up an average of $26 a month if they get a ticket, while Travelers usually raises prices about $32 per month, on average.

But First American Property & Casualty has more affordable rates for drivers in both categories, offering prices that are 7% and 9% cheaper, respectively, compared to Travelers.

Which Company is Best for Drivers After an Accident?

First American Property & Casualty policyholders who get in a collision can expect to see their rates increase by over $25, while those who have insurance through Travelers will see around a $45 increase.

Overall, First American Property & Casualty offers the cheapest premiums for drivers with an at-fault collision on their records, with monthly prices averaging $145 compared to Travelers's $173.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even an accident. On average, First American Property & Casualty will increase your premiums about 54% after a DUI, while Travelers's average rates climb by just under 40%.

How does Credit Score Impact First American Property & Casualty and Travelers Rates?

Often times, your credit score can be used as one of the variables to calculate your monthly car insurance prices. This isn't always the case (Hawaii, for example, has banned the use of credit score as a rating factor) but it will come into play for lots of drivers.

Insurance carriers 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.

Looking specifically at First American Property & Casualty and Travelers, which carrier has the best rates for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Typically, if you have great credit, you can expect to be rewarded. Jumping from a "good" credit score to an "excellent" one will normally save Travelers customers around 15%. First American Property & Casualty, on the other hand, doesn't have data available for credit scores, which means they most likely don't use credit to calculate your premiums.

Which Company is Best for Drivers with Bad Credit?

Having bad credit typically means you'll also see higher rates with Travelers. If your credit score is in the "poor" range, at Travelers, you may pay about $60 more a month compared to those with "fair" scores (and even more compared to drivers with good or excellent scores). First American Property & Casualty, on the other hand, doesn't have data available for credit scores, which means drivers with bad credit could find better rates with First American Property & Casualty over Travelers.

Is First American Property & Casualty 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 sizable impact on your monthly prices? Generally, those who drive fewer miles will end up with less expensive premiums since there's less of a chance of getting into a collision and causing an insurance claim.

Looking specifically at First American Property & Casualty and Travelers, First American Property & Casualty is the more affordable option for people who work from home, while First American Property & Casualty has better rates for those with short commutes. Travelers's average premiums for drivers with 6,000 annual miles come in just under $25 more expensive than First American Property & Casualty. Those who drive 12,000 miles annually can expect to pay nearly $25 more with First American Property & Casualty over Travelers.

First American Property & Casualty vs. Travelers: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for auto insurance, but the type of area you live in can have a pretty big impact as well. 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, Travelers tends to offer the cheapest option for drivers in rural and suburban areas, while First American Property & Casualty wins in urban areas.

If you live in a rural area, you can expect to save around $4 with Travelers compared to First American Property & Casualty. Drivers in suburban ZIP codes pay about $28 less with Travelers compared to First American Property & Casualty. In urban areas, First American Property & Casualty's average prices are around $32 less than Travelers.

First American Property & Casualty vs. Travelers Discounts

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

But with what seems like a million different discounts out there, it can be hard to find all the ones you're eligible for or to nail down the company that has the most discounts for your unique driver profile.

In the section below, we've compared all of the different discounts offered by First American Property & Casualty and Travelers 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 First American Property & Casualty away when it comes to the sheer amount of discounts available, offering 25 different discounts to First American Property & Casualty's 10.

There are a couple discounts both carriers offer, but Travelers also offers ABS discounts, advance quote discounts, alternative fuel discounts, and more that First American Property & Casualty does not.

On the flip side, First American Property & Casualty has a unique discount of its own -- a renewal discounts.

Final Thoughts: Is First American Property & Casualty or Travelers Best for You?

So, you've seen how different factors can affect your insurance premiums. We've broken down the different discounts each carrier offers, too. But, when it comes down to it, which insurance company is the right one for you, your vehicle, and your wallet?

Travelers might be best for you if....

• You have a DUI charge on your record.
• You care about discounts (Travelers offers the most).
• You're buying car insurance for a teen and looking for a wallet-friendly option.

First American Property & Casualty might be best for you if...

• You have received a ticket within the last few years.
• You are over 65 years old and want to save some money on your insurance.
• You drive fewer than 6,000 miles yearly.

We hope this guide has ben a valuable resource as you compare First American Property & Casualty and Travelers and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your insurance policy is to compare quotes from several companies, not just First American Property & Casualty and Travelers. Luckily, sites like Compare.com make it easy for you to do just that. Simply enter your ZIP codes below and get free quotes from dozens of top auto insurance carriers in your area, all in just a few minutes.

First American Property & Casualty vs. Travelers FAQs

Is First American Property & Casualty or Travelers cheaper?

Looking just at the national average prices, First American Property & Casualty is the cheaper of the two companies, offering average rates of $167 per month compared to $167 for Travelers. That being said, First American Property & Casualty won't necessarily be the most affordable carrier for each policyholder, since there are several different variables that come into play when it comes to your car insurance cost.

Who is better, First American Property & Casualty or Travelers?

Unfortunately, the real answer is "it depends.". No one company is necessarily "better" for everyone -- it all boils down to your unique insurance profile. For example, First American Property & Casualty offers less expensive premiums for policyholders with an at-fault accident on their record, while Travelers is more affordable for drivers who have less-than-stellar credit scores.

Why do First American Property & Casualty and Travelers offer me different rates?

Auto insurance carriers take a look at a lot of different factors when calculating the rates they charge drivers. Things such as where you park your car, where you live, gender, age, and sometimes even things like your credit score can all come into play. Both First American Property & Casualty and Travelers calculate prices using different formulas, so each one will most likely offer different premiums. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from a variety of different companies.

How do I know if First American Property & Casualty 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 multiple carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your information once 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 cheapest price. And who knows, the best carrier for you might not be First American Property & Casualty 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.