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

Quick Facts

• Based on national averages for car insurance, Oregon Mutual offers cheaper prices than Travelers
• Oregon Mutual has more affordable rates for policyholders who live in the suburbs
• Travelers offers more discounts than Oregon Mutual

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

Are you considering a new insurance policy? After all, you've seen ads from all sorts of companies offering hefty discounts. But exactly how much can you save by switching?

You might be considering Oregon Mutual or Travelers, but which company has cheaper prices for insurance?

Looking at the national average rates for both companies, Travelers has average rates that are about 19% per month more expensive than those from Oregon Mutual.

But that doesn't mean Oregon Mutual will necessarily be more affordable than Travelers for every single driver. After all, auto insurance carriers can offer drastically different rates to each driver depending on rating factors like where you call home, your credit score, your age, or even your driving record (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 Oregon Mutual 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.

Oregon Mutual or Travelers: Average Car Insurance Rates by State

Oregon Mutual and Travelers only compete against each other in three states, with Travelers offering less expensive prices to the average driver in all of them. Washington has the most noticable difference, where Travelers rates are over 20% more affordable than insurance premiums at Oregon Mutual.

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

Which is the Best Company For Young Drivers?

You might already know that teen drivers typically pay a lot more for insurance than any group on the road. That's normally because young, inexperienced drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

That being said, 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 more than $10 less a month by choosing Oregon Mutual over Travelers.

Even so, both companies will drop rates by the time you turn 25. For example, average premiums for Oregon Mutual policyholders lower nearly $250 and Travelers's rates decrease over $200 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age usually enjoy some of the cheapest auto insurance premiums out there. After all, they've likely been driving for quite some time, which generally decreases their chances of accidents and other infractions that can increase prices.

But who has the best premiums for retired drivers between Oregon Mutual and Travelers? Oregon Mutual gets the edge, with prices for drivers 65 and older almost 25% cheaper than the national average for Travelers.

Which is the Best Company for Married Drivers?

Did you know that insurance rates are usually more expensive for single policyholders than they are for married couples? That's because policies for married drivers typically cover multiple cars, which lots of carriers will offer you a discount for.

When it comes to relationship status, Oregon Mutual is the clear winner for single drivers, with prices around $27 per month less expensive than Travelers, on average. For married policyholders, the advantage is clear again - Oregon Mutual has the edge when it comes to average rates.

Oregon Mutual vs. Travelers: Average Rates by Gender

Because men are more likely to get tickets and get into accidents, they run a larger risk of filing a claim with insurance. Therefore, insurance companies will tend to offer men more expensive premiums.

Generally, men see prices about $10 a month higher with Oregon Mutual, and more than $10 with Travelers.

Looking at overall affordability, Oregon Mutual comes out as the lowest option for both genders. On average, women save about $32 per month and men save around $31 with Oregon Mutual compared to the average Travelers policyholder.

Oregon Mutual 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 car insurance can be a complicated subject for most people. Everyone needs auto insurance, but there are so many different terms and coverages 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 bodily injury and property damage 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 what you get with liability coverage).

If you're looking for state minimum liability insurance, Oregon Mutual generally offers more affordable premiums of $97 compared to Travelers's $108. When it comes to full coverage policies with similar limits, Oregon Mutual again has the edge, with policies about $55 a month less expensive than Travelers, on average.

Is Oregon Mutual 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.

It's no secret secret that collisions and tickets lead to higher rates, but which company -- Oregon Mutual or Travelers -- has the most affordable prices for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Oregon Mutual policyholders can expect their rates to go up an average of $11 per month if they get a ticket, while Travelers normally raises premiums around $32 a month, on average.

However, Oregon Mutual has cheaper rates for drivers in both categories. Drivers with a clean record can save about $17 per month and drivers with a speeding ticket can save around $38 a month with Oregon Mutual.

Which Company is Best for Drivers After an Accident?

Oregon Mutual drivers who get in a collision can expect to see their premiums climb by over 15%, while those who have insurance through Travelers will see about a 25% increase.

Overall, Oregon Mutual offers the cheapest prices for drivers with an at-fault accident on their records, with monthly premiums averaging $133 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 ticket or even an accident. Travelers drivers usually see a 38% climb in their car insurance rates after a DUI charge, while Oregon Mutual will generally raise prices by around 35%.

How does Credit Score Impact Oregon Mutual and Travelers Rates?

Did you know that many auto insurance carriers take your credit score into account when calculating premiums? This isn't always the case (California, for example, has banned the use of credit score as a rating factor) but it might come into play for a lot of policyholders.

The reasoning car 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 prices, while those with poor credit will typically be forced to pay more.

Looking specifically at Oregon Mutual and Travelers, which carrier has the lowest rates for policyholders at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is Oregon Mutual 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 considerable impact on how much auto insurance carriers will charge for coverage? That's because the fewer miles you drive, the less likely you are to get into a collision and cause an insurance claim.

For both drivers who put 6,000 miles on their vehicles yearly, as well as those who average twice that figure, Oregon Mutual offers less expensive prices than Travelers. Oregon Mutual average rates for drivers with 6,000 annual miles come in over $30 cheaper than Travelers. Those who drive 12,000 miles annually can expect to pay more than $30 less with Oregon Mutual over Travelers.

Oregon Mutual vs. Travelers: Compare Rates for Urban, Suburban, and Rural Drivers

Where you live can have a large impact on your monthly insurance bill. Normally, if you live in a rural area with fewer cars on the road, you'll pay a little less for auto insurance, while the opposite is true for people in urban areas.

When comparing these two companies side-by-side, Oregon Mutual usually comes out as the cheapest option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

For drivers in urban ZIP codes, Oregon Mutual offers rates about $151 monthly compared to Travelers's $204. People who live in suburban ZIP codes can expect to pay around $138 per month for Oregon Mutual and $160 for Travelers. Lastly, those in rural areas tend to get the lowest premiums from both carriers, with average monthly prices coming in at $115 and $136 for Oregon Mutual and Travelers respectively.

Oregon Mutual vs. Travelers Discounts

You want to save as much money as possible, right? The best way to do that is by utilizing as many 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 table below, we've broken down all of the different discounts offered by both Oregon Mutual and Travelers so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Travelers blows Oregon Mutual away when it comes to the sheer amount of discounts available, offering 10 more discounts than Oregon Mutual.

There are a couple discounts both companies offer, but Travelers also offers ABS discounts, alternative fuel discounts, continuous insurance discounts, and more that Oregon Mutual does not.

On the flip side, Oregon Mutual has a couple unique discounts of its own -- csl discounts, employee discounts, legacy discounts, and more.

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

You've seen the effect certain factors have on your car insurance and the different discounts carriers offer. But, when it comes down to it, is Oregon Mutual or Travelers the right fit for you?

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

• You have a clean record.
• You're looking for more protection with "full coverage" insurance.
• You drive fewer than 6,000 miles each year.

Travelers might be best for you if...

• You're thinking about moving to another state -- undefined is only available in.
• You're looking for discounts -- Travelers has the most.

We hope this guide helps you get a better idea of the difference between Oregon Mutual and Travelers. We also hope we've given you the information you need to make the best decision about your car 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 multiple companies, not just Oregon Mutual and Travelers. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of the top insurance carriers in your area, all in just a few minutes.

Oregon Mutual vs. Travelers FAQs

Is Oregon Mutual or Travelers cheaper?

Looking just at the national average rates, Oregon Mutual is the more affordable of the two companies, offering average rates of $135 a month compared to $167 for Travelers. Even so, Oregon Mutual won't necessarily be the cheapest carrier for every policyholder, since there are lots of different variables that are considered when it comes to your auto insurance payment.

Who is better, Oregon Mutual or Travelers?

Sadly, the real answer is "it depends.". No single company is "better" for each driver -- it all boils down to your unique car insurance profile.

Why do Oregon Mutual and Travelers offer me different rates?

Insurance carriers take a look at several different factors when determining the premiums they charge policyholders. Variables such as where you call home, age, gender, where you park your vehicle, and sometimes even things like your credit score can all be used. Both Oregon Mutual and Travelers calculate rates using different factors, 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 bunch of different companies.

How do I know if Oregon Mutual 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 a handful of carriers 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 area information and you'll get free quotes from dozens of the best auto insurance companies in your area. With those, you can guarantee you're getting the best rate. And who knows, the best carrier for you might not be Oregon Mutual 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.