Travelers vs. United Financial Casualty Company: Which Company is the Best Fit for You?

Quick Facts

• Based on national averages for auto insurance, United Financial Casualty Company offers significantly less expensive rates than Travelers
• Travelers offers more discounts than United Financial Casualty Company
• United Financial Casualty Company offers more affordable prices for policyholders who live in the suburbs

Travelers vs. United Financial Casualty Company: 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 Travelers or United Financial Casualty Company for your next policy, but which company has cheaper premiums for insurance?

Looking at the national average rates for both companies, Travelers is about $34 more per month than United Financial Casualty Company.

That being said, United Financial Casualty Company may not be the cheapest or best option for each driver out there. Auto insurance carriers use tons of complex algorithms to calculate rates, so depending on how good your credit score is or how clean your driving record is (among several other factors), you could see wildly different prices from the ones above.

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

Travelers or United Financial Casualty Company: Average Car Insurance Rates by State

Travelers and United Financial Casualty Company only compete against each other in two states, with United Financial Casualty Company offering more affordable rates to the average driver in all of them. If you live in Maine, Travelers is the less expensive of the two companies when looking at the overall average prices. United Financial Casualty Company is the more affordable option in California.

But there's more to calculating car insurance premiums than just where you live. Read on to find out more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- typically pay a lot for insurance compared to older drivers. It's 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.

However, that doesn't mean teen drivers can't still save money on their car insurance. As you can see above, teens who use United Financial Casualty Company save $25 a month compared to those who use Travelers. It's worth noting that Travelers offers auto insurance in 31 different states compared to United Financial Casualty Company's two, which can skew the average rates a bit, but the difference here is still considerable.

Even so, both carriers will reduce prices by the time drivers turn 25. For example, average premiums for Travelers policyholders decrease more than $200 and United Financial Casualty Company's prices lower around $200 over that time.

Which is the Best Company for Retired Drivers?

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

But who has the best rates for retired drivers between Travelers and United Financial Casualty Company? United Financial Casualty Company gets the edge, with premiums for drivers 65 and older nearly 30% cheaper than the national average for Travelers.

Which is the Best Company for Married Drivers?

You may not be aware, but car insurance prices tend to be less expensive for married policyholders than they are for single policyholders. That's because policies for married couples usually cover several cars, which quite a few companies will offer you a discount for.

When it comes to relationship status, United Financial Casualty Company is the clear winner for those who are single, with premiums about $29 per month cheaper than Travelers, on average. The advantage for married drivers with United Financial Casualty Company is also obvious, where drivers save over 30% a month.

Travelers vs. United Financial Casualty Company: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents, which means they'll generally end up paying more for auto insurance than women.

With Travelers, women typically pay more than $10 per month less than men, and around $2 with United Financial Casualty Company.

Looking at overall affordability, United Financial Casualty Company offers the most affordable average rates for both men and women, with average prices $38 less for men and $29 cheaper for women.

Travelers or United Financial Casualty Company: 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 so many different coverages and terms that it can make it pretty confusing to find the right policy.

The two most common policies end up falling into two different types of coverage -- liability only (which provides property damage and bodily injury coverage for other drivers if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, alongside what you get with a liability policy).

If you're looking for state minimum limits for liability insurance, United Financial Casualty Company usually offers significantly more affordable rates of $79 compared to Travelers's $108. When it comes to full coverage policies with similar limits, United Financial Casualty Company again has the edge, with policies about $40 a month less expensive than Travelers, on average.

Is Travelers or United Financial Casualty Company Better for Drivers with Spotty Records?

You've probably seen plenty of commercials from insurance carriers offering great premiums for good drivers, but that doesn't mean people with less-than-perfect driving records can't save money, too.

Tickets and at-fault collisions will most likely raise your prices, but is Travelers or United Financial Casualty Company cheaper for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Travelers policyholders can expect their rates to go up an average of $32 per month if they get a ticket, while United Financial Casualty Company normally raises premiums around $34 a month, on average.

But United Financial Casualty Company tends to offer the best prices for drivers both with clean records and with a speeding ticket, offering rates that are $25 and $23 more affordable, respectively, compared to Travelers.

Which Company is Best for Drivers After an Accident?

Travelers drivers who get in a collision can expect to see their prices climb by $45, while those who have insurance through United Financial Casualty Company will see about a $55 increase.

Overall, United Financial Casualty Company offers the cheapest premiums for drivers with an at-fault accident on their records, with monthly prices averaging $158 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 collision or ticket when it comes to your auto insurance bill. Travelers drivers usually see a 38% increase in their insurance premiums after a DUI charge, while United Financial Casualty Company will typically climb rates by around 23%.

United Financial Casualty Company has the overall lowest premiums for drivers with a DUI on their records at $134 a month, but it's worth noting that Travelers's average rates come from 31 states compared to just two for United Financial Casualty Company, so the data may be skewed slightly.

How does Credit Score Impact Travelers and United Financial Casualty Company Rates?

Did you know that many auto 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 policyholders.

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

So, which carrier offers the best premiums for policyholders with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with United Financial Casualty Company. Drivers with "excellent" credit can save just under 15% compared to Travelers, and those with "good" scores can also expect to see savings -- about $22 or 15% less expensive each month.

Which Company is Best for Drivers with Bad Credit?

United Financial Casualty Company typically offers lower rates than Travelers when it comes to drivers with a below average credit score. Drivers with "fair" credit pay around $31 per month less with United Financial Casualty Company compared to Travelers, and those with "poor" scores generally save an average of about $59 per month.

Is Travelers or United Financial Casualty Company Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in your monthly prices. That's because the fewer miles you put on your car each year, the less likely you are to get into an accident and cause an insurance claim.

For both drivers who put 6,000 miles on their vehicles annually, as well as those who average twice that figure, United Financial Casualty Company offers more affordable premiums than Travelers. Travelers's average rates for drivers with 6,000 annual miles come in over 20% more expensive than United Financial Casualty Company. Those who drive 12,000 miles yearly can expect to pay more than 20% more with Travelers over United Financial Casualty Company.

Travelers vs. United Financial Casualty Company: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a large role in how much you pay for auto insurance. Usually, if you live in an urban area with more cars on the road, you'll pay a little more for car insurance, while the opposite is true for people in rural areas.

United Financial Casualty Company boasts the most affordable average premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

For policyholders in urban ZIP codes, United Financial Casualty Company offers rates around $139 monthly compared to Travelers's $204. People who live in suburban ZIP codes can expect to pay about $134 a month for United Financial Casualty Company and $160 for Travelers. Lastly, those in rural areas tend to get the lowest prices from both carriers, with average monthly premiums coming in at $125 and $136 for United Financial Casualty Company and Travelers respectively.

Travelers vs. United Financial Casualty Company Discounts

Regardless of why you might be in the market for a new insurance policy, you're always going to want to save as much money as possible, and the best way to do that is by utilizing as many auto insurance discounts as you can.

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

In the section below, we've compared all of the different discounts offered by Travelers and United Financial Casualty Company so that you can see which one offers the most discounts and see which ones you might be able to take advantage of.

Travelers knocks United Financial Casualty Company out of the park when it comes to the sheer number of discounts available, offering seven more discounts than United Financial Casualty Company.

A couple of those are overlapping for things like continuous insurance discounts, distant student discounts, EFT discounts, and mature driver discounts. Travelers also offers ABS discounts, advance quote discounts, alternative fuel discounts, and more that United Financial Casualty Company does not.

On the flip side, United Financial Casualty Company has a couple unique discounts of its own -- e-signature discounts, discounts for being a homeowner, minor child discounts, and more.

Final Thoughts: Is Travelers or United Financial Casualty Company Best for You?

So, you've seen how different factors can affect your car insurance prices. We've shown you all the discounts each carrier offers, too. That's all well and good, but at the end of the day, is Travelers or United Financial Casualty Company the right carrier for you and your specific needs?

United Financial Casualty Company might be best for you if....

• You have a DUI charge on your record.
• You're looking for more protection with "full coverage" insurance.
• Your neighborhood is in a rural area.

Travelers might be best for you if...

• You're thinking about moving to another state -- United Financial Casualty Company only offers policies in California and Maine.
• You care about discounts (Travelers offers the most).

We hope this guide helps you get a good idea of the differences between Travelers and United Financial Casualty Company and that you can now make a more informed decision when it comes to 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 car insurance -- comparing quotes from a handful of companies, not just Travelers and United Financial Casualty Company. Luckily, Compare.com makes it easy for you to do just that. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance carriers in your area, all in just a few minutes.

Travelers vs. United Financial Casualty Company FAQs

Is Travelers or United Financial Casualty Company cheaper?

Looking just at the national average rates, United Financial Casualty Company is the less expensive of the two companies, offering average rates of $133 per month compared to $167 for Travelers. However, United Financial Casualty Company won't necessarily be the most affordable company for every driver, since there are a range of different variables that come into play when it comes to your auto insurance cost.

Who is better, Travelers or United Financial Casualty Company?

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

Why do Travelers and United Financial Casualty Company offer me different rates?

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

How do I know if Travelers or United Financial Casualty Company is right for me?

The only way to find the auto insurance carrier that's right for you is by getting quotes from multiple carriers and finding the one best suited for your individual budget. Luckily, Compare.com does all the hard work for you. Just enter your ZIP code and you'll get free quotes from dozens of the best insurance companies in your area. With those, you can guarantee you're getting the best rate. And who knows, the best company for you might not be Travelers or United Financial Casualty Company 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.