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

Quick Facts

• Based on national averages for insurance, Ohio Mutual offers slightly more affordable prices than Travelers
• Ohio Mutual has cheaper premiums for policyholders who live in urban areas
• Travelers offers more affordable prices for policyholders who live in rural neighborhoods

Ohio Mutual or 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 large savings, you're probably wondering exactly how much you might be able to save.

You might have narrowed it down to Ohio Mutual or Travelers for your next policy, but between the two, which carrier will offer you less expensive premiums?

As you can see, Travelers is around $15 more a month than Ohio Mutual when looking at the national average rates for car insurance.

That being said, Ohio Mutual may not be the lowest or best option for every driver out there. Insurance carriers use tons of complex algorithms to determine rates, so depending on how old you are or where you live (among lots of other factors), you could see wildly different premiums from the ones above.

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

Ohio Mutual vs. Travelers: Average Car Insurance Rates by State

Ohio Mutual and Travelers only compete against each other in Ohio, where Travelers offers the cheaper average prices. Travelers drivers tend to pay about $54 per month less on average compared to drivers who use Ohio Mutual for their auto insurance.

That being said, there's a lot more that goes into your insurance payment than just your home state. 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 teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

However, that doesn't mean that teen drivers have to just accept sky-high auto insurance rates. Just look at the table above -- where 18-year-old drivers who have Ohio Mutual for their car insurance pay over 15% less than those who use Travelers.

But with both companies, you'll see your prices decrease significantly by the time you turn 25. For example, average premiums for Ohio Mutual policyholders drop about $150 and Travelers's prices reduce around $200 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the cheapest insurance rates out there. After all, they've likely been driving for quite some time, which generally lowers their chances of collisions and other infractions that can raise premiums.

When looking at Ohio Mutual and Travelers specifically, which carrier is best for retired drivers? Ohio Mutual gets the edge, with rates for drivers 65 and older $18 cheaper than the national average for Travelers.

Which is the Best Company for Married Drivers?

You may not be aware, but auto insurance prices tend to be less expensive for married couples than they are for those who are single. That's because policies for married drivers normally cover several vehicles, which many carriers will give you a discount for.

If you're in the market for insurance, Ohio Mutual tends to have the most affordable average premiums regardless of marital status, with prices more than $10 more affordable for married policyholders and almost $20 less expensive for single drivers.

Ohio Mutual or Travelers: Average Rates by Gender

Did you know men typically pay more for auto insurance than women? That's because women are less likely to get tickets and get into accidents, which decreases the chances of filing a claim with insurance.

Typically, men see prices about $10 a month higher with Ohio Mutual, and around $11 more with Travelers.

When it comes to the lowest premiums for each gender, Ohio Mutual offers the cheapest average rates for both men and women, with average prices $16 less for men and $13 cheaper for women.

Ohio Mutual vs. 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.

For most people, car insurance isn't the easiest topic to understand. There are a variety of different coverages that account for a bunch 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.

The two most common policies end up falling into two different types of coverage -- liability coverage (that covers property damage and bodily injury for other drivers and their passengers if you cause an accident) and full coverage (which includes two additional coverages -- collision and comprehensive -- alongside liability coverage).

When it comes to state minimum limits for liability insurance, Ohio Mutual has the edge, while Travelers offers the most affordable average rates for full coverage policies with similar coverage limits. Policyholders looking for basic state minimum coverage can save around $35 with Ohio Mutual Insurance Company, while full coverage comes out to be about $5 more affordable with Travelers.

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

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

You'll probably end up paying more with accidents and speeding tickets on your record, but which of these two companies offers the cheapest premiums to drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Drivers who use Ohio Mutual for their car insurance can generally expect their monthly bill to go up around 20% after getting a speeding ticket. Travelers policyholders can expect a less drastic increase of about 20%.

Even so, Ohio Mutual is normally the cheaper option for drivers both with a ticket and with a clean record, offering rates that are $44 and $55 more affordable, respectively, compared to Travelers.

Which Company is Best for Drivers After an Accident?

Ohio Mutual policyholders who get in a collision can expect to see their premiums climb by just under 35%, while those who have insurance through Travelers will see around a 25% increase.

At the end of the day, Ohio Mutual offers the most affordable prices for drivers with an at-fault collision on their records, with average premiums coming in at $125 compared to Travelers's $173.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single accident or speeding ticket when it comes to your auto insurance bill. Ohio Mutual drivers usually see a 71% raise in their car insurance rates after a DUI charge, while Travelers will usually increase prices by about 38%.

How does Credit Score Impact Ohio Mutual and Travelers Rates?

Often times, 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 car insurance factor, but it does affect quite a few drivers out there.

Auto insurance carriers 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 cheaper premiums.

So, which company offers the lowest rates for drivers 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 Ohio Mutual or Travelers Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a big impact on your monthly prices. Typically, those who drive less will end up with less expensive rates since there's less of a chance of causing an accident and filing an insurance claim.

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

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

Where you call home can have a considerable impact on your monthly insurance bill. Generally, those who live in rural areas will pay less than policyholders in urban areas since there are a lot fewer vehicles on the roads where they live.

Looking at these companies side-by-side, Ohio Mutual usually comes out as the less expensive option for drivers in urban and suburban areas, while Travelers wins in rural areas.

Those in rural areas can expect to save about $11 with Travelers compared to Ohio Mutual. People who live in suburban areas pay around $7 less with Ohio Mutual compared to Travelers. For drivers in urban ZIP codes, Ohio Mutual Insurance Company's average premiums are about $49 less than Travelers.

Ohio Mutual vs. Travelers Discounts

No matter 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 you can. That's where car insurance discounts comes into play.

But with what seems like a million different discounts out there, it can be difficult 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.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both Ohio Mutual and Travelers so that you can see which company can save you the most money each month.

Travelers knocks Ohio Mutual out of the park when it comes to the sheer number of discounts available, offering 25 different discounts to Ohio Mutual's 25.

There are a couple discounts both carriers offer, but Travelers also offers discounts for alternative fuel, COVID-19 relief, driver training, and more.

On the other hand, Ohio Mutual has a few proprietary discounts of their own for things like attentive driver discounts, paperless discounts, pick up discounts, and more.

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

So, we've broken down the average prices for many of the variables insurance companies look at, and walked through the different discounts each carrier offers, too. But, when it comes down to it, which insurance company is the best fit for you?

Ohio Mutual might be best for you if....

• You will be the only person on the auto insurance policy.
• You're looking for the best premiums on liability only coverage.
• 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...

• Your driving record includes a DUI charge.
• You want the most robust protection via a "full coverage" policy.
• Your neighborhood is in a rural area.

Hopefully, this guide helps you get a better idea of the difference between Ohio Mutual 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 best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from multiple carriers, not just Ohio Mutual and Travelers. Luckily, sites like Compare.com do all the hard work for you. Simply enter your ZIP codes below and get multiple quotes from some of the best insurance companies in your area, all for free.

Ohio Mutual vs. Travelers FAQs

Is Ohio Mutual or Travelers cheaper?

Ohio Mutual is the more affordable of the two carriers when looking at national average rates, with policies averaging $152 per month with Ohio Mutual and $167 for Travelers. But that doesn't mean Ohio Mutual will be the most affordable carrier for every policyholder, since there are many different factors (things like driving record, age, gender, etc.) that play a role in how much you pay.

Who is better, Ohio Mutual or Travelers?

Sadly, the only answer we can give you is "it depends.". No single company is necessarily "better" for everyone -- it all depends on the makeup of your unique auto insurance profile. For example, Ohio Mutual is less expensive for drivers with excellent credit, while Travelers offers cheaper premiums for drivers with a recent DUI.

Why do Ohio Mutual and Travelers offer me different rates?

Insurance companies use a lot of different variables when determining the rates they charge. Factors such as where you park your car, gender, age, where your home is, and sometimes even things like your credit score can all be used. Both Ohio Mutual and Travelers calculate prices using different variables, so it's likely they'll offer different rates. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from several different carriers.

How do I know if Ohio Mutual 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 information once and you'll get quotes from dozens of your local top car insurance carriers for free. With those, you can guarantee you're getting the best rate. And maybe you'll find that the best carrier for you isn't Ohio Mutual or Travelers at all, but another you hadn't even thought of!

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.