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

Quick Facts

• In general, Travelers offers significantly cheaper prices than Fremont
• Travelers tends to be a much less expensive option for couples purchasing auto insurance together
• Travelers offers more affordable premiums for drivers who have received a ticket within the last few years

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

So, you're thinking about switching your auto insurance. With so many ads from all sorts of companies offering pretty big discounts, you're probably wondering exactly how much you might be able to save.

You might have narrowed your search down to Fremont or Travelers as potential options, but which company will save you the most?

As you can see, Fremont is quite a bit more expensive than Travelers, with prices averaging $562 per month compared to just $167 with Travelers when looking at the national average rates for insurance.

However, that doesn't necessarily mean Travelers will be the more affordable option for every single driver. After all, auto insurance companies can offer drastically different rates to each driver depending on rating factors like your credit score, where you call home, your age, or even your driving record (among other things). So, at the end of the day, rates from every carrier will differ quite a bit from person to person.

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

Fremont or Travelers: Average Car Insurance Rates by State

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That being said, there are plenty of other factors that go into your auto insurance cost than just the state you live in. Read on to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for car insurance compared to older drivers. It's 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 rates, teen drivers can still find ways to save money. As you can see above, teens who use Travelers save more than $500 a month compared to those who use Fremont.

Even so, both carriers will reduce prices by the time drivers turn 25. Travelers offers the steepest reduction, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. Fremont's average premiums lower over 70% during that same period.

Which is the Best Company for Retired Drivers?

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

But who has the best premiums for retired drivers between Fremont and Travelers? Travelers gets the edge, with rates for drivers 65 and older nearly 60% less expensive than the national average for Fremont.

Which is the Best Company for Married Drivers?

You may not be aware, but insurance prices tend to be more affordable for married policyholders than they are for single drivers. That's because policies for married drivers typically cover more than one car, which quite a few companies will offer you a discount for.

When it comes to relationship status, Travelers is the clear winner for single policyholders, with rates about $494 per month cheaper than Fremont, on average. The advantage for married couples with Travelers is also obvious, where drivers save more than 65% a month.

Fremont vs. Travelers: Average Rates by Gender

Did you know men tend to pay more for auto insurance than women? This is because men are more likely to get speeding tickets and get into accidents, which raises the chances of an insurance claim.

Women and men get the same monthly premiums with Fremont, while with Travelers, the difference is closer to $11 per month.

When it comes to the most affordable prices for each gender, Travelers comes out on top for both men and women. On average, women save about $401 a month and men save around $390 with Travelers compared to the average Fremont policyholder.

Fremont 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.

Insurance can be a complicated subject for most people. 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 injuries and property damage if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with a liability policy).

If you're looking for state minimum limits for liability insurance, Travelers usually offers significantly more affordable rates of $108 compared to Fremont's $334. When it comes to full coverage policies with similar limits, Travelers again has the edge, with policies about $500 per month cheaper than Fremont, on average.

Is Fremont 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.

Accidents and tickets will most likely raise your premiums, but is Fremont or Travelers less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Fremont policyholders can expect their rates to go up an average of $138 a month if they get a ticket, while Travelers typically raises premiums around $32 per month, on average.

That being said, Travelers has cheaper prices for drivers in both categories -- their rates are around 43% less expensive for drivers with clean records and 56% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Fremont drivers who get in a collision can expect to see their rates climb by over $80, while those who have insurance through Travelers will see about a $45 increase.

Overall, Travelers offers the lowest prices for drivers with an at-fault accident on their records, with monthly premiums averaging $173 compared to Fremont Insurance's $307.

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 insurance bill -- generally a lot more than an accident or speeding ticket. On average, Fremont will increase your prices around 83% after a DUI, while Travelers's average premiums rise by just under 40%.

How does Credit Score Impact Fremont and Travelers Rates?

Often times, your credit score can come into play when carriers calculate your monthly bill. This isn't always the case (California, for example, has banned the use of credit score as a rating factor) but it will come into play for lots of policyholders.

The reasoning auto insurance companies 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 normally be forced to pay more.

So, which carrier offers the best premiums 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 Fremont or Travelers Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a large impact on your monthly rates. Usually, those who drive less will end up with less expensive prices since there's less of a chance of getting into a collision and causing an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Fremont charges. However, there's a small difference in monthly rates for Travelers, with policyholders who drive the least paying about $5 less each month compared to those who drive 12,000 miles yearly. Still, Travelers is the cheaper option for drivers in both categories.

Fremont 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 car insurance, but the type of area you live in can have a substantial impact as well. Normally, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders due to the small number of vehicles that are on the roads in those areas.

Travelers tends to offer the most affordable prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Travelers offers premiums around $204 per month compared to Fremont's $682. People who live in suburban ZIP codes can expect to pay about $160 a month for Travelers and $536 for Fremont. Lastly, those in rural areas tend to get the lowest prices from both carriers, with average monthly rates coming in at $136 and $467 for Travelers and Fremont respectively.

Fremont vs. Travelers Discounts

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

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you can take advantage of.

In the section below, we've compared all of the different discounts offered by Fremont and Travelers so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Travelers blows Fremont away when it comes to the sheer amount of discounts available, offering 25 different discounts to Fremont's 14.

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

On the flip side, Fremont has a couple unique discounts of its own -- garage discounts, premier risk discounts, and umbrella policy discounts.

Final Thoughts: Is Fremont or Travelers Best for You?

So, you've seen how different factors can affect your auto insurance premiums. We've broken down the different discounts each company offers, too. But, at the end of the day, which carrier is the best fit for you?

Travelers might be best for you if....

• You value the experience that comes with a large national car insurance company.
• Your credit is below-average.
• You drive fewer than 6,000 miles annually.

Fremont might be best for you if...

• You have a more unique driver profile than those we mentioned above.

We hope this guide has ben a valuable resource as you compare Fremont and Travelers and that it aids in making a more informed decision about your 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 Fremont and Travelers. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code below and get multiple free quotes from some of the best car insurance companies in your area, all in just a few minutes.

Fremont vs. Travelers FAQs

Is Fremont or Travelers cheaper?

Looking just at the national average prices, Travelers is the more affordable of the two carriers, offering average rates of $167 per month compared to $562 for Fremont. Even so, Travelers won't necessarily be the cheapest carrier for everyone, since there are a variety of different variables (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, Fremont or Travelers?

Sadly, the answer truly is "it depends.". No one company is necessarily "better" for every driver -- it all depends on the makeup of your unique insurance profile.

Why do Fremont and Travelers offer me different rates?

Car insurance companies take a look at several different factors when calculating the premiums they charge policyholders. Variables such as age, gender, where your home is, your driving record, and sometimes even things like your credit score can all come into play. Both Fremont and Travelers use different formulas, so each one will most likely offer different rates. The only real way to see which carrier is the lowest for you is by comparing personalized quotes from a range of different carriers.

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

The only way to find the auto 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, Compare.com makes it easy for you to do just that. Just enter your ZIP code and you'll get free quotes from dozens of the best insurance carriers in your area. That way, you can guarantee you're getting the cheapest rate. And who knows, the best carrier for you might not be Fremont 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.