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

Quick Facts

• Based on national averages for auto insurance, Travelers offers significantly less expensive premiums than Trexis
• Travelers offers cheaper average prices for policyholders who live in rural neighborhoods
• Trexis has more affordable premiums in AL and AR

Travelers or Trexis: 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 be considering Travelers or Trexis, but between the two, which one will offer you cheaper prices?

Looking at the national average rates for both carriers, Trexis has average rates that are around 24% a month more expensive than those from Travelers.

But Travelers may not be the lowest or best option for every driver out there. Insurance companies use a ton of complex algorithms to determine rates, so depending on how clean your driving record is or where you live (among numerous other factors), you could see wildly different prices from the ones above.

Luckily, we've broken down average rates from both Travelers and Trexis by a range of different rate factors, so read on to find out which carrier is the best for you.

Travelers vs. Trexis: Average Car Insurance Rates by State

Travelers and Trexis only compete against each other in two states, with Travelers offering less expensive premiums to the average driver in all of them. Alabama has the most noticable difference, where Travelers rates are $181 more affordable than car insurance prices at Trexis.

But there's more to calculating auto insurance premiums than just the state you live in. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance prices of any group on the road. It's usually because teen drivers are statistically much more likely to get into an accident that results in a car insurance claim, making them much riskier to insure.

Even so, that doesn't mean that teen drivers have to just accept sky-high insurance premiums. Just look at the table above -- where 18-year-old drivers who have Travelers for their auto insurance pay almost 30% less than those who use Trexis. It's worth noting that Travelers offers car insurance in 31 different states compared to Trexis's two, which can skew the average rates a bit, but the difference here is still considerable.

That being said, both carriers will offer you dramatically lower prices by the time drivers turn 25. Trexis offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Travelers still has the cheapest premiums at $141 per month.

Which is the Best Company for Retired Drivers?

Drivers around retirement age generally enjoy some of the most affordable insurance rates you'll ever find. After all, they've likely been driving for quite some time, which typically reduces their chances of collisions and other infractions that can raise prices.

But who has the best rates for retired drivers between Travelers and Trexis? Travelers gets the edge, with premiums for drivers 65 and older nearly 25% less expensive than the national average for Trexis.

Which is the Best Company for Married Drivers?

Married policyholders tend to get slightly more affordable auto insurance prices than those who are single. This usually boils down to married couples having multiple vehicles on their policy -- something quite a few car insurance companies will reward with discounts.

For single policyholders, the difference in average rates between these two carriers is significant, with Travelers premiums coming in at a quarter less than Trexis's. The advantage is also clear for married drivers - Travelers offers the lowest average prices.

Travelers or Trexis: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into a collision, which means they'll normally end up paying more for auto insurance than women.

With Travelers, women typically pay about $10 per month less than men, but with Trexis, the difference is closer to $20 a month.

When it comes to the cheapest rates for each gender, Travelers offers the most affordable average premiums for both men and women. On average, male drivers save about $58 per month and women save around $49 with Travelers compared to the average Trexis policyholder.

Travelers vs. Trexis: 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, insurance isn't the easiest topic to understand. There are multiple different coverages that account for many different things. Some protect you and your car, while others only provide coverage for other people's property and health if you cause an accident.

However, most policies end up falling into two different types of coverage -- liability coverage (which provides bodily injury and property damage coverage for other drivers and their passengers if you cause a collision) and full coverage (which normally refers to having collision and comprehensive coverages alongside liability).

Looking specifically at state minimum liability limits, Travelers has the slight edge, with average monthly rates coming in at $108. If you want a full coverage policy with the same state minimum limits, Travelers again has the edge, with policies averaging about $225 a month to Trexis's $333.

Is Travelers or Trexis Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their auto 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 Travelers or Trexis cheaper for drivers with spotty records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use Travelers for their insurance can usually expect their monthly bill to go up around 20% after getting a speeding ticket. Trexis policyholders can expect a less drastic increase of about 19%.

That being said, Travelers has less expensive premiums for drivers in both categories. With Travelers, drivers with a clean record can save around $54 per month and drivers with a ticket can save about $65 a month.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their car insurance through Travelers can expect to see around an $45 -- or about 26% -- rise in their insurance rates. Drivers who use Trexis for their car insurance will see a monthly bill around $65 (or 26%) more expensive after reporting an accident to their auto insurance company.

At the end of the day, the more affordable prices come from Travelers, with average premiums coming in at $173 compared to Trexis Insurance's $247.

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 speeding ticket or even a collision. On average, Travelers will climb your rates about 38% after a DUI, while Trexis's average premiums climb by nearly 20%.

Travelers has the overall cheapest prices for drivers with a DUI on their records at $205 monthly, but it's worth noting that Travelers's average rates come from 31 states compared to just two for Trexis, so the data may be skewed slightly.

How does Credit Score Impact Travelers and Trexis Rates?

You may not have known, but your credit score can be used as one of the variables to calculate your monthly car insurance premiums. Certain states and companies do not allow for credit score to be used as an auto insurance factor, but it might come into play for many drivers.

The reasoning insurance carriers use is that policyholders with bad credit will be less likely to pay their bills on time; so generally, they'll be asked to pay more, while those with good credit will be rewarded with cheaper prices.

So, which carrier offers the lowest rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have great credit, Travelers will typically reward you the most. For policyholders with "excellent" credit scores, Travelers comes in just under 38.97 less expensive. Drivers with "good" credit scores normally save around 34% with Travelers compared to average prices from Trexis.

Which Company is Best for Drivers with Bad Credit?

Travelers typically offers lower rates than Trexis when it comes to drivers with a below average credit score. Drivers with "fair" credit pay about 22% per month less with Travelers compared to Trexis, and those with "poor" scores generally save an average of around 7% a month.

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

How much you drive can have a pretty big impact on your monthly premiums. That's because the more milage you drive, the more likely you are to be in an accident and file an insurance claim.

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

Travelers or Trexis: 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 considerable impact as well. Usually, if you live in a rural area with fewer cars on the road, you'll pay a little less for insurance, while the opposite is true for people in urban areas.

Travelers boasts the cheapest average prices for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Those in rural areas can expect to save around 19% with Travelers compared to Trexis. People who live in suburban areas pay about 28% less with Travelers compared to Trexis. For drivers in urban ZIP codes, Travelers's average premiums are around 24% less than Trexis Insurance.

Travelers vs. Trexis 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, and the best way to do that is by utilizing as many car insurance discounts as possible.

But where do you even start? With so many discounts out there, it may seem challenging to find all the of the ones you're eligible for.

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

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

A couple of those are overlapping for things like advance quote discounts, discounts for getting driver training, discounts for being a good student, and multi-policy discounts. Travelers also offers discounts for ABS, alternative fuel, anti-theft, and more.

On the other hand, Trexis has a few proprietary discounts of their own for things like agency transfer discounts, education discounts, homeowner discounts, and more.

Final Thoughts: Is Travelers or Trexis Best for You?

You've seen the role certain factors have on your insurance and the different discounts companies offer. But, when it comes down to it, which insurance company is the best carrier for you and your specific needs?

Travelers might be best for you if....

• You have an at-fault collision on your record.
• You're looking for the best rates on liability only coverage.
• You drive fewer than 12,000 miles annually.

Trexis might be best for you if...

• You like the personalized touch of a small, regional carrier.

Hopefully, this guide helps you get a better idea of the difference between Travelers and Trexis and that it aids in making a more informed decision about your auto insurance.

At the end of the day, the sure-fire way to make sure you're getting the best deal on your car insurance policy is to compare quotes from a handful of carriers, not just Travelers and Trexis. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple quotes from some of the best insurance companies in your area, all for free.

Travelers vs. Trexis FAQs

Is Travelers or Trexis cheaper?

Travelers is the more affordable of the two carriers when looking at national average prices, with policies averaging $167 a month with Travelers and $220 for Trexis. However, that doesn't mean Travelers will be the lowest company for each policyholder, since there are lots of different variables that are considered when it comes to your car insurance payment.

Who is better, Travelers or Trexis?

Unfortunately, the only answer we can give you is "it depends.". One carrier is not necessarily "better" for everyone -- it all depends on the makeup of your unique auto insurance profile.

Why do Travelers and Trexis offer me different rates?

Insurance companies use lots of different factors when determining the premiums they charge. Variables such as your driving record, where your home is, gender, age, and sometimes even things like your credit score can all come into play. Both Travelers and Trexis calculate rates using different factors, so it's likely they'll offer different prices. The best way to determine which company is the most affordable for you is by comparing personalized quotes from a bunch of different carriers.

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

The only way to find the car insurance carrier that's right for you is by getting quotes from several companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your information once and you'll get quotes from dozens of your local top auto insurance carriers for free. With those, you can guarantee you're getting the best price. And maybe you'll find that the best company for you isn't Travelers or Trexis 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.