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

Looking for car insurance and wondering if MMG or Travelers is the right company for you? If so, you're probably wondering which carrier has the most affordable prices or the biggest discounts. Luckily, we've done the heavy lifting for you and compared the two companies to help you find the best deal on your next car insurance policy.
Newly insured car driving down the road
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Quick Facts

  • Based on national averages for auto insurance, MMG offers significantly less expensive premiums than Travelers
  • MMG has cheaper rates for residents of urban areas
  • Travelers offers more discounts than MMG Insurance

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

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

You might have narrowed it down to MMG or Travelers as potential options, but which company has more affordable prices for insurance?

MMG Travelers

Looking at the national average rates for both companies, Travelers has average rates that are about 30% per month more expensive than those from MMG.

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

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

MMG or Travelers: Average Car Insurance Rates by State

State MMG Travelers

MMG and Travelers only compete against each other in one states, with Travelers offering cheaper prices to the average driver in all of them. Maine has the most noticable difference, where Travelers rates are over 20% more affordable than auto insurance premiums at MMG.

There's a lot more that goes into your insurance cost than just your home state. Keep reading to find out more.

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Which is the Best Company For Young Drivers?

MMG Travelers
18-year-old drivers$253$353
25-year-old drivers$123$141

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

Even so, that doesn't mean that teen drivers have to just accept sky-high auto insurance prices. Just look at the table above -- where 18-year-old drivers who have MMG for their insurance pay $100 less than those who use Travelers.

But both companies will decrease rates 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. That being said, MMG still has the cheapest premiums at $123 monthly.

Which is the Best Company for Retired Drivers?

MMG Travelers
65+-year-old drivers$83$132

Once you approach retirement age, you'll normally enjoy the lowest car 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 auto insurance.

But who has the best premiums for retired drivers between MMG and Travelers? MMG gets the edge here, with average prices coming in at around $83 per month compared to Travelers's $132.

Which is the Best Company for Married Drivers?

MMG Travelers

You may not be aware, but insurance rates tend to be less expensive for married policyholders than they are for single drivers. That's because policies for married drivers generally cover multiple cars, which many carriers will offer you a discount for.

When it comes to relationship status, MMG is the clear winner for single policyholders, with premiums about $52 a month cheaper than Travelers, on average. The advantage is also clear for married couples - MMG offers the most affordable average rates.

MMG vs. Travelers: Average Rates by Gender

MMG Travelers

You may not know, but car insurance is typically more expensive for men than for women. This is because men are statistically more likely than women to get into accidents and file an insurance claim, which leads to increased risk for insurers and, therefore, higher prices.

Women usually pay more than $15 per month less than men with MMG, and around $11 less with Travelers.

Looking at overall affordability, MMG comes out as the cheapest option for both genders. On average, male drivers save about $45 a month and women save about $51 with MMG compared to the average Travelers policyholder.

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MMG or Travelers: Compare State Minimum vs. Full Coverage Rates

MMG Travelers
State Minimum*$77$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 auto insurance can be pretty complicated. Everyone needs car insurance, but there are so many different terms and limits that it can be hard to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which provides property damage and bodily injury coverage for other drivers and their passengers if you cause an accident) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to liability coverage).

If you're looking for state minimum limits for liability insurance, MMG generally offers significantly more affordable premiums of $77 compared to Travelers's $108. When it comes to full coverage policies with similar limits, MMG again has the edge, with policies around $65 per month cheaper than Travelers, on average.

Is MMG or Travelers Better for Drivers with Spotty Records?

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

Collisions and tickets will most likely raise your rates, but is MMG or Travelers less expensive for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

MMG Travelers
Clean Record$90$128
1 Speeding Ticket$111$160

MMG policyholders can expect their prices to go up an average of $21 a month if they get a ticket, while Travelers normally raises premiums about $32 per month, on average.

That being said, MMG has more affordable prices for drivers in both categories, offering rates that are 30% and 31% cheaper, respectively, compared to Travelers.

Which Company is Best for Drivers After an Accident?

MMG Travelers
Clean Record$90$128
1 At-Fault Accident$122$173

After an accident, drivers who have their auto insurance through MMG can expect to see around an $32 -- or about 26% -- increase in their car insurance premiums. Drivers who use Travelers for their insurance will see a monthly bill around $45 (or 26%) more expensive after reporting a collision to their auto insurance company.

Overall, the less expensive prices come from MMG, with monthly premiums averaging $122 compared to Travelers's $173.

Which Company is Best for Drivers with a DUI?

MMG Travelers
Clean Record$90$128
1 DUI$151$205

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, Travelers will climb your rates about 38% after a DUI, while MMG's average prices climb by over 40%.

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How does Credit Score Impact MMG and Travelers Rates?

Did you know that many insurance companies take into account your credit score when calculating rates? Certain states and carriers do not allow for credit score to be used as a rating factor, but it will come into play for lots of drivers.

Car insurance companies argue that someone with good credit is more likely to pay their bills on time, which makes them less risky to insure. Because of that, policyholders with good credit will often be rewarded with more affordable premiums.

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

Which Company is Best for Drivers with Good Credit?

MMG Travelers
Excellent Credit Score$76$119
Good Credit Score$94$142

Which Company is Best for Drivers with Bad Credit?

MMG Travelers
Fair Credit Score$118$173
Poor Credit Score$186$231

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

MMG Travelers
6,000 Annual Miles$118$164
12,000 Annual Miles$118$169

Did you know that the amount of time you spend in your car have a considerable impact on your monthly rates? Typically, the more miles you put on your vehicle, the more you can expect to pay for coverage.

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

MMG 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 substantial impact as well. Normally, if you live in an urban area with more cars on the road, you'll pay a little more for insurance, while the opposite is true for people in rural areas.

MMG Travelers
Urban Areas$120$204
Suburban Areas$131$160
Rural Areas$104$136

MMG tends to offer the cheapest premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, MMG offers prices about $120 a month compared to Travelers's $204. People who live in suburban ZIP codes can expect to pay around $131 a month for MMG and $160 for Travelers. Lastly, those in rural areas tend to get the lowest rates from both carriers, with average monthly premiums coming in at $104 and $136 for MMG and Travelers respectively.

MMG 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 with what seems like a million different discounts out there, it can be challenging to find all the ones you can take advantage of 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 MMG and Travelers so that you can find the carrier that has the most discounts and, therefore, the biggest savings.

MMG Travelers
ABS Discount 
Advance Quote Discount 
Alternative Fuel Discount 
Anti-Theft Discount 
Continuous Insurance Discount 
Covid-19 Relief Discount 
Defensive Driver Discount
Distant Student Discount
Driver Training Discount 
DRL Discount 
EFT Discount 
Electric Vehicle Discount 
EZ-Pay Credit Discount 
Good Driving Discount 
Good Payer Discount 
Good Student Discount
Group Discount 
Hybrid Vehicle Discount 
Mature Driver Discount 
Multi-Car Discount 

Travelers blows MMG away when it comes to the sheer amount of discounts available, offering 18 more discounts than MMG.

A couple of those are overlapping for things like discounts for being a defensive driver, discounts for being a good student, and new business discounts. Travelers also offers ABS discounts, advance quote discounts, alternative fuel discounts, and more that MMG does not.

On the flip side, MMG has a couple unique discounts of its own -- ez-pay credit discounts and renewal discounts.

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Final Thoughts: Is MMG or Travelers Best for You?

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

MMG might be best for you if....

  • You've been pulled over for speeding recently.
  • Your credit score is high.
  • You're married and plan to have both of your names on the vehicle's car insurance policy.

Travelers might be best for you if...

  • You already have plans to move to another state -- undefined only offers policies to residents.
  • You're looking for the carrier with the most discounts.

We hope this guide has ben a valuable resource as you compare MMG and Travelers and that it aids in making a more informed decision about your auto 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 insurance -- comparing quotes from a handful of companies, not just MMG and Travelers. Luckily, sites like do all the hard work for you. Simply enter your ZIP codes below and get multiple quotes from some of the best car insurance carriers in your area, all for free.

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MMG vs. Travelers FAQs

Is MMG or Travelers cheaper?

Looking just at the national average rates, MMG is the cheaper of the two companies, offering average rates of $118 per month compared to $167 for Travelers. Even so, MMG won't necessarily be the most affordable company for every policyholder, since there are several different variables (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, MMG or Travelers?

Unfortunately, the real answer is "it depends.". One carrier is not necessarily "better" for each driver -- it all boils down to your unique auto insurance profile.

Why do MMG and Travelers offer me different rates?

Insurance carriers take a look at a lot of different factors when determining the premiums they charge drivers. Variables like where you live, gender, where you call home, age, and sometimes even things like your credit score can all be used. Both MMG and Travelers calculate rates differently, so each one will most likely offer different prices. The only real way to see which company is the cheapest for you is by comparing personalized quotes from a range of different companies.

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

The only way to find the car insurance carrier that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, does all the hard work for you. Just enter your area information and you'll get free quotes from dozens of the best auto insurance companies in your area. That way, you can guarantee you're getting the lowest rate. And who knows, the best company for you might not be MMG or Travelers at all!


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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