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

How do Imt and Travelers compare when it comes to auto insurance rates and discounts? If you want to find out which carrier has the best prices for your unique profile, check out our latest guide below.
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Quick Facts

  • In general, Imt offers significantly more affordable premiums than Travelers
  • Imt has cheaper prices for policyholders who don't have any speeding tickets, DUIs, or at-fault collisions on their record
  • Travelers may help you save more money -- they offer more discounts than IMT Insurance

Imt or Travelers: Which Company has the Cheapest Car Insurance?

So, you're considering switching to a new insurance policy. You've probably seen commercials and billboards from companies offering hefty savings, but exactly how much money can you save by switching?

You might have narrowed it down to Imt or Travelers, but between the two, which company will save you the most?

Imt Travelers

As you can see, Travelers has average rates that are around 35% a month more expensive than those from Imt when looking at the national average rates for car insurance.

That being said, that doesn't mean Imt will necessarily be less expensive than Travelers for each driver. After all, insurance carriers can offer drastically different rates to every driver depending on rating factors like your driving record, your credit score, your age, or even where you call home (among other things). So, at the end of the day, premiums from each company will differ quite a bit from person to person.

So, if you want to find out which of Imt or Travelers is really the best for you, keep reading to see average rates for each carrier broken down by a variety of different rate factors.

Imt vs. Travelers: Average Car Insurance Rates by State

State Imt Travelers

Imt and Travelers only compete against each other in two states, with Imt offering more affordable prices to the average driver in all of them. Iowa has the most noticable difference, where Imt premiums are $22 cheaper than auto insurance rates at Travelers.

There's a lot more that goes into your car insurance cost than just the state you live in. Read on to learn more.

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Which is the Best Company For Young Drivers?

Imt Travelers
18-year-old drivers$201$353
25-year-old drivers$108$141

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

But that doesn't mean that teen drivers have to just accept sky-high car insurance prices. For example, 18-year-old drivers pay an average of over 45% less per month by choosing Imt over Travelers.

However, with both companies, you'll see your rates decrease significantly by the time drivers turn 25. For example, average premiums for Imt policyholders drop more than 45% and Travelers's rates reduce over 60% over that time.

Which is the Best Company for Retired Drivers?

Imt Travelers
65+-year-old drivers$82$132

Once you approach retirement age, you'll typically enjoy the most affordable auto 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 car insurance.

So, which company offers the best rates to retired drivers? Imt gets the edge, with prices for drivers 65 and older $50 less expensive than the national average for Travelers.

Which is the Best Company for Married Drivers?

Imt Travelers

You may not be aware, but auto insurance premiums tend to be cheaper for married policyholders than they are for single policyholders. That's because policies for married drivers generally cover multiple vehicles, which a lot of carriers will give you a discount for.

For single drivers, the difference in average prices between these two companies is significant, with Imt rates coming in at a third less than Travelers's. The advantage is also clear for married couples - Imt offers the cheapest average premiums.

Imt or Travelers: Average Rates by Gender

Imt Travelers

Because women are less likely to get into accidents and get speeding tickets, they have a decreased chance of filing a claim with insurance. So, insurance carriers will tend to offer women more affordable rates.

With Imt, women normally pay more than 10% a month less than men, and about 6% less with Travelers.

Looking at the data for each carrier specifically, Imt comes out as the lowest option for both genders. On average, women save about $58 per month and men save around $57 with Imt compared to the average Travelers policyholder.

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Imt vs. Travelers: Compare State Minimum vs. Full Coverage Rates

Imt Travelers
State Minimum*$58$108
Full Coverage**$160$225

*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. There are lots of different coverages that account for a range of different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause a collision.

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

Looking specifically at state minimum limits for liability insurance, Imt has the significant edge, with average monthly premiums coming in at $58. If you want a full coverage policy with the same state minimum limits, Imt again has the edge, with policies averaging about $160 a month to Travelers's $225.

Is Imt or Travelers Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their car insurance. But that's not to say you can't save money if you don't have the best driving record, either.

Speeding tickets and at-fault accidents will most likely raise your prices, but is Imt or Travelers less expensive for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Imt Travelers
Clean Record$76$128
1 Speeding Ticket$89$160

Policyholders who use Imt for their insurance can usually expect their monthly bill to go up around 15% after getting a speeding ticket. Travelers policyholders can expect a bit more drastic of an increase of about 20%.

However, Imt has more affordable premiums for drivers in both categories -- their rates are around 41% cheaper for drivers with clean records and 44% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Imt Travelers
Clean Record$76$128
1 At-Fault Accident$134$173

Imt drivers who get in a collision can expect to see their rates climb by just under 45%, while those who have insurance through Travelers will see around a 25% increase.

At the end of the day, Imt offers the cheapest prices for drivers with an at-fault collision on their records, with average premiums coming in at $134 compared to Travelers's $173.

Which Company is Best for Drivers with a DUI?

Imt Travelers
Clean Record$76$128
1 DUI$135$205

If you get a DUI charge, you can expect some pretty significant increases in your monthly auto insurance bill -- normally a lot more than an accident or ticket. Travelers drivers usually see a 38% climb in their insurance rates after a DUI charge, while Imt will generally increase prices by about 44%.

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How does Credit Score Impact Imt and Travelers Rates?

Did you know many car insurance companies take into account your credit score when determining rates? This isn't true for everyone (Hawaii, for example, has banned the use of credit score as a car insurance factor) but it does affect quite a few policyholders out there.

Auto insurance carriers argue that those with good credit scores are more likely to pay their bills on time every month, which decreases the risk involved on their end, while the opposite is true for those with bad credit.

Looking specifically at Imt and Travelers, which one has the best prices for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Imt Travelers
Excellent Credit Score$86$119
Good Credit Score$102$142

Which Company is Best for Drivers with Bad Credit?

Imt Travelers
Fair Credit Score$108$173
Poor Credit Score$140$231

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

Imt Travelers
6,000 Annual Miles$109$164
12,000 Annual Miles$109$169

How much you drive can have a big impact on your monthly premiums. Normally, the more milage you put on your car each year, the more you can expect to pay for car insurance.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Imt charges. However, there's a small difference in monthly rates for Travelers, with drivers who put 6,000 miles on their vehicle each year paying around $5 less every month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, Imt is the more affordable company.

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

Where your home is can have a considerable impact on your monthly auto insurance payment. Typically, policyholders who live in less densely populated rural areas will pay quite a bit less than urban drivers due to the small number of cars that are on the roads where they live.

Imt Travelers
Urban Areas$136$204
Suburban Areas$100$160
Rural Areas$90$136

When comparing these two companies side-by-side, Imt usually comes out as the most affordable option for drivers in all areas, regardless of if they're urban, suburban, or rural.

Those in rural areas can expect to pay about $90 a month with Imt and $136 with Travelers. People in suburban areas pay around $100 with Imt compared to Travelers's $160 per month. For drivers in urban ZIP codes, Imt's average prices are about $136 while Travelers offers premiums around $204.

Imt 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 insurance discounts as possible.

But with what seems like a million different discounts out there, it can be challenging to nail down the company 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 looked at all of the different discounts Imt and Travelers offer their customers so that you can see which carrier can save you the most money each month.

Imt Travelers
ABS Discount 
Advance Quote Discount 
Alternative Fuel Discount 
Anti-Theft Discount 
Commercial Product Discount 
Continuous Insurance Discount 
Covid-19 Relief Discount 
Defensive Driver Discount
Distant Student Discount
Driver Training Discount
DRL Discount 
EFT Discount 
Electric Vehicle Discount 
Good Driving Discount 
Good Payer Discount 
Good Student Discount
Group Discount
Hybrid Vehicle Discount 
Mature Driver Discount 
Minor Child Discount 

Travelers blows Imt away when it comes to the sheer amount of discounts available, offering 16 more discounts than Imt.

Both carriers offer a lot of the same discounts -- like distant student discounts, discounts for being a good student, and group discounts -- but Travelers also offers discounts for ABS, advance quote, alternative fuel, and more.

On the other hand, Imt has a few proprietary discounts of their own like commercial product discounts and minor child discounts.

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Final Thoughts: Is Imt or Travelers Best for You?

So, you've seen how different variables can affect your auto insurance rates. We've broken down the different discounts each carrier offers, too. But, when it comes down to it, which insurance company is the best company for you and your specific needs?

Imt might be best for you if....

  • Your driving record includes a DUI charge.
  • Your neighborhood is in the suburbs.
  • You and your spouse are buying car insurance together.

Travelers might be best for you if...

  • You're planning on moving to another state soon -- undefined only offers policies in.
  • You want to save extra money with discounts.

Hopefully, this guide helps you get a better idea of the difference between Imt and Travelers. We also hope we've given you the information you need to make the best decision about your insurance.

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

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Imt vs. Travelers FAQs

Is Imt or Travelers cheaper?

Imt is the less expensive of the two companies when looking at national average prices, with policies averaging $109 per month with Imt and $167 for Travelers. That being said, that doesn't mean Imt will be the cheapest carrier for everyone, since there are several different factors that come into play when it comes to your insurance bill.

Who is better, Imt or Travelers?

Unfortunately, the answer truly is "it depends.". No one company is necessarily "better" for each policyholder -- it all boils down to your unique car insurance profile.

Why do Imt and Travelers offer me different rates?

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

How do I know if Imt 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 carriers and finding the one best suited for your individual budget. Luckily, sites like do all the hard work for you. Just enter your information once and you'll get quotes from dozens of your local top car insurance companies for free. With those, you can guarantee you're getting the best premium. And maybe you'll find that the best carrier for you isn't Imt or Travelers at all, but another you hadn't even thought of!


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.

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