GEICO vs. Travelers Car Insurance [2021]

Check out Geico vs. Travelers car insurance review to get everything you need to know about the two insurance giants. Geico's average car insurance is $267/month, while Traveler's average is $367/month. However, you can reduce your rates by 5% to 30% with the right discounts. Continue reading to learn more before you buy car insurance.

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Zaneta Wood, Ed.S. has over 15 years of experience in research and technical writing bringing a keen understanding of data analysis and information synthesis to reach a wide variety of audiences. She studied adult education and instructional technology at Appalachian State University as well as technical and professional communication at East Carolina University. Zaneta has prepared technical p...

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Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Jo...

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Reviewed by Joel Ohman
Founder & CFP®

UPDATED: Dec 1, 2020

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Geico vs. Travelers Car Insurance Overview
SummaryGeico StatsTravelers Stats
Year Founded19361853
Headquarters5260 Western Avenue Chevy Chase, MD 208151 Tower Square Hartford, CT 06183
AvailabilityAll StatesAll states except AK, HI, KS, MI, ND, SD, WV, WY
Direct Premiums$6.3 billion$1.4 billion
Market Share13%2%
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If you’re trying to decide whether Geico or Travelers is the best insurance for you, read our extensive Geico vs. Travelers car insurance guide. We’ll take you through Geico and Travelers car insurance rates, financial ratings, customer satisfaction ratings, available coverages, and discounts.

For affordable car insurance, compare car insurance quotes outside of our Geico vs. Travelers car insurance guide by entering your ZIP code in the FREE comparison tool above.

Geico vs. Travelers: Comparing Car Insurance Rates

Geico and Travelers are in the top 10 car insurance companies in the United States. Since these companies are so popular, we could locate their sample car insurance rates from states where they’re licensed to do business.

Does Geico use Travelers Insurance? No. Geico is a unique company that has no affiliation with Travelers. Geico offers car insurance in all 50 states, but Travelers doesn’t offer insurance in AK, HI, KS, MI, ND, SD, WV, and WY.

The sub-sections that follow will break down car insurance by state, driving record, age, gender, credit score, annual mileage, make and model, and coverage level. Continue reading to learn more.

Geico vs. Travelers: Which is the cheapest by the state?

Where you live can affect your car insurance rates. Insurance companies that have earned billions provide insurance for all 50 states. Check out the list of Geico and Travelers car insurance rates by state.

Geico vs. Travelers Average Annual Car Insurance Rates by State

StatesGeico Average Annual Car Insurance RatesTravelers Average Annual Car Insurance
Alaska$2,880Data Not Available
Alabama$2,867$3,698
Arkansas$3,485$5,973
Arizona$2,265$3,085
California$2,886$3,350
Colorado$3,092Data Not Available
Connecticut$3,074$6,004
District of Columbia$3,693Data Not Available
Delaware$3,727$4,182
Florida$3,784Data Not Available
Georgia$2,977Data Not Available
Hawaii$3,359Data Not Available
Iowa$2,296$5,429
Idaho$2,771$3,226
Illinois$2,779$2,500
Indiana$2,261$3,394
Kansas$3,221$4,341
Kentucky$4,634$6,552
Louisiana$6,155Data Not Available
Maine$2,823$2,253
Maryland$3,833Data Not Available
Massachusetts$1,510$3,538
Michigan$6,430$8,774
Minnesota$3,499Data Not Available
Missouri$2,885Data Not Available
Mississippi$4,087$3,729
Montana$3,602Data Not Available
North Carolina$2,937$3,133
North Dakota$2,668Data Not Available
Nebraska$3,837Data Not Available
New Hampshire$1,615Data Not Available
New Jersey$2,755$4,254
New Mexico$4,458Data Not Available
Nevada$3,662$5,360
New York$2,428$4,579
Ohio$1,867$3,135
Oklahoma$3,437Data Not Available
Oregon$3,220$2,892
Pennsylvania$2,605$7,842
Rhode Island$5,603$6,909
South Carolina$3,178Data Not Available
South Dakota$2,940Data Not Available
Tennessee$3,283$2,739
Texas$3,263Data Not Available
Utah$2,966Data Not Available
Virginia$2,062Data Not Available
Vermont$2,196Data Not Available
Washington$2,569Data Not Available
West Virginia$2,121Data Not Available
Wisconsin$3,926Data Not Available
Wyoming$3,497Data Not Available
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The cheapest state for Geico is Massachusetts and the most affordable state for Travelers insurance in Maine.

Geico vs. Travelers: Which is cheapest by driving record?

Your driving record is very important to car insurance companies. The better your driving record, the less you’ll appear as a risk for auto insurance companies.

One speeding ticket, accident, or DUI can increase your policy premiums. Read on to see how violations and accidents affect your car insurance.

Rates With One Speeding Ticket

Speeding tickets are common. Although they don’t pose a major risk for car insurance companies, your rates can still go up. Let’s look at how Geico insurance and Travelers insurance respond to speeding tickets.

Geico vs. Travelers Average Annual Car Insurance Rates with One Speeding Ticket
CompaniesAverage Annual Car Insurance Rates with One Speeding Ticket
Geico$2,645
Travelers$4,261
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Travelers car insurance reviews show that even with one speeding ticket, Travelers insurance is cheaper than average. However, Geico is nearly $1,700 cheaper.

Rates With One Car Accident

What about accidents? Did you know an accident can stay on your insurance history for five to eight years? When an auto insurance company reviews your insurance record, they will see if you’ve been in an accident.

f you’ve had an accident, you can expect a more expensive car insurance rate. Here are the auto insurance rates with one accident on a driving record.

Geico vs. Travelers Average Annual Car Insurance Rates with One Accident
CompaniesAverage Annual Car Insurance Rates with One Accident
Geico$3,193
Travelers$4,290
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Geico car insurance is still cheaper than Travelers, but it’s slightly closer to the Geico’s average annual rate.

Rates With One DUI

DUIs/DWIs carry the steepest increase. Most people convicted of DUI/DWI have to be on SR-22 car insurance. To give you an idea of what it looks like, we’ve included Geico and Travelers auto insurance rates to explain how much DUI affects insurance premiums.

Geico vs. Travelers Average Annual Car Insurance Rates with One DUI/DWI
CompaniesAverage Annual Car Insurance Rates with One DUI/DWI
Geico$4,876
Travelers$5,741
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Geico’s DUI rates are $1,600 more, while Travelers DUI rates are $1,300 more than average.

Why does a DUI generate higher-than-average increases? According to the National Highway Traffic Safety Administration (NHTSA), over 10,000 people die each year from drunk driving (passenger and driver alike).

Driving records with a DUI conviction come with stiff and expensive car insurance rates because the policyholder is such a huge risk.

Geico vs. Travelers: What is cheapest by age and gender?

Age and gender are two of the main determining factors for car insurance. However, some states have outlawed gender-based car insurance.

Here is the list of states that banned insurance based on gender.

  • California
  • Hawaii
  • Massachusetts
  • Michigan (added in 2020)
  • Montana
  • North Carolina
  • Pennsylvania

That still leaves 43 states that determine car insurance through gender. Let’s examine the average rates based on gender.

Geico vs. Travelers Average Annual Car Insurance Rates Based on Age and Gender
Driver Age and GenderGeico Average Annual Car Insurance RatesTravelers Average Annual Car Insurance Rates
Single 17-year-old female$5,654$9,307
Single 17-year-old male$6,279$12,851
Single 25-year-old female$2,379$2,325
Single 25-year-old male$2,263$2,491
Married 35-year-old female$2,303$2,179
Married 35-year-old male$2,312$2,200
Married 60-year-old female$2,241$2,052
Married 60-year-old male$2,283$2,074
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Teens have the highest car insurance rates. Geico’s insurance rates are twice the average for teens. Seniors, however, have access to affordable Geico auto insurance.

Watch this video to learn how you can on teen car insurance.

Geico vs. Travelers: Which is the cheapest by credit score?

According to the Federal Trade Commission, businesses like insurance companies offer cheaper rates to individuals with a good credit score. Examine these rates from Geico and Travelers to see how credit history affects auto insurance rates.

Geico vs. Travelers Average Annual Car Insurance Rates Based on Credit Score
CompaniesAverage Annual Car Insurance Rates with Good CreditAverage Annual Car Insurance Rates with Fair CreditAverage Annual Car Insurance Rates with Poor Credit
Geico$2,435$2,987$4,260
Travelers$4,059$4,344$5,160
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Geico wins when it comes to affordable car insurance, while Travelers has rates that are nearly double what Geico offers.

People with good credit have lower insurance rates because there’s a correlation between good credit and low risk to file a claim.

Geico vs. Travelers: Which is the cheapest by annual mileage?

According to the Federal Highway Association, the average driver travels about 14,000 miles per year. Car insurance companies can estimate the number of miles you’re going to drive by asking what your car is used for and how many miles you travel to work.

However, cars that you drive only on the weekend could reduce your rates. Let’s look at how annual mileage affects Geico and Travelers car insurance.

Geico vs. Travelers Average Annual Car Insurance Rates Based on Annual Mileage
CompaniesAverage Annual Car Insurance Rates Based on 10 Miles Commute. 6,000 Annual Mileage. Average Annual Car Insurance Rates Based on 25 Miles Commute. 12,000 Annual Mileage.
Geico$3,163$3,267
Travelers$4,400$4,470
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Geico is cheaper than Travelers by $1,100, but you can save more on car insurance through discounts. 

Geico vs. Travelers: Which is cheapest by car make and model?

The make and model year of your vehicle will determine car insurance. The value of your car is something auto insurance companies consider when you need insurance.

Car insurance companies can accurately give you a quote if you tell them the Vehicle Identification Number (VIN).

Check out these sample rates to see how Geico and Travelers insurance is affected by make and model.

Geico vs. Travelers Average Annual Car Insurance Rates By Vehicle Make and Model
Make and ModelGeico Average Annual Car Insurance RatesTravelers Average Annual Car Insurance Rates
2015 Ford F-150
Lariat SuperCab with 2WD 6.5 foot bed and 2.7L V6
$3,092$4,023
2015 Honda Civic Sedan
LX with 2.0L 4cyl and CVT
$3,093$4,420
2015 Toyota RAV4
XLE
$3,091$4,384
2018 Ford F-150
Lariat SuperCab with 2WD 6.5 foot bed and 2.7L V6
$3,338$4,412
2018 Honda Civic Sedan
LX with 2.0L 4cyl and CVT
$3,339$4,661
2018 Toyota RAV4
XLE
$3,337$4,708
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Geico’s rates don’t go over $3,340, while Travelers rates based on model year reached over $4,700.

Geico vs. Travelers: Which is cheapest by coverage level?

When you purchase a car insurance policy, you have an option to choose what level of coverage you need. The lowest level of coverage is equal to the minimum requirements in your state.

According to the Insurance Information Institute, each state has a unique coverage limit.

Coverage limits are the total amount of money car insurance will pay should you get into an accident you’re responsible for. Common medium and high coverage levels are 50/100/50 and 100/300/100, respectively.

Let’s see how coverage level affects Geico and Travelers auto insurance rates.

Geico vs. Travelers Average Annual Car Insurance Rates Based on Coverage Level
CompaniesAverage Annual Car Insurance Rates with Low Coverage LevelAverage Annual Car Insurance Rates with Medium Coverage LevelAverage Annual Car Insurance Rates with High Coverage Level
Geico$3,002$3,214$3,429
Travelers$4,224$4,462$4,619
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While low coverage levels are cheaper than average, they only cover the minimum requirements. If you need a higher coverage limit, you’ll pay hundreds more at Geico and Travelers.

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Geico vs. Travelers: Ratings and Customer Satisfaction

Is Travelers Insurance a good insurance? Can Geico provide reliable insurance? The best way to answer those questions is to look through the ratings of both companies.

Use ratings and customer reviews to your advantage. Cheap insurance isn’t always good insurance. Therefore, reviewing a company’s financial and customer ratings could ease your worries about grabbing a policy. Roll through this section with us to see why Geico and Travelers are good.

Geico vs. Travelers: What are their financial ratings?

Financial ratings are the progress report of businesses. Also, financial ratings summarize how companies manage and use their money to meet obligations to customers. Here are Geico and Travelers’ financial ratings.

Geico vs. Travelers Financial Strength Ratings
Financial Strength Ratings AgenciesGeico's Financial Strength RatingsTravelers' Financial Strength Ratings
A.M. BestA++A++
Moody'sAa3Aa2
Standard & Poor'sAA+AA
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Both companies have superior and excellent ratings from the top financial strength and credit rating agencies. Keep reading to learn what these ratings mean.

Geico vs. Travelers: A. M. Best Ratings

The “A++” rating indicates that Geico and Travelers have a superior ability to meet customers’ obligations.

Geico vs. Travelers: Moody’s Ratings

Under Moody’s ratings, Geico and Travelers are judged with high quality and very low credit risk.

Geico vs. Travelers: S&P Ratings

Finally, S&P says that both Geico and Travelers have a very strong capacity to meet their policyholders’ financial commitments.

Geico vs. Travelers: How do customers rate them?

Managing money and paying out claims is great, but how do Geico and Travelers do with their customers? Review the customer ratings below.

Geico vs. Travelers Customer Satisfaction Ratings
Customer Satisfaction Ratings AgenciesGeico's Customer Satisfaction RatingsTravelers' Customer Satisfaction Ratings
J.D. Power Power Circle RatingsAbout Average (Three Circles)About Average (Three Circles)
NAIC Complaint Index1.470.5
Consumer Reports Reader Score8990
Better Business BureauA+A+
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The next few sub-sections will break down what these ratings mean.

Geico vs. Travelers: J.D. Power Auto Claims

J.D. Power collects information each year from customers and generates a rating known as the Power Circle Ratings. Geico and Travelers are about average, which is three Power Circles.

Geico vs. Travelers: NAIC Complaint Index

The National Association of Insurance Commissioners (NAIC) reports the ratio of complaints from insurance companies. Travelers maintained a 0.50 complaint index, while Geico had a complaint index of 1.47.

Geico vs. Travelers: Consumer Reports

Like J.D. Power, Consumer Reports created a score based on the results from their users and insurance companies’ customers. Travelers scored higher than Geico.

Geico vs. Travelers: Better Business Bureau (BBB)

Travelers insurance Yelp reviews are not as credible as Travelers insurance reviews from the BBB. The BBB provides an outlet for customers to complain and give feedback, allowing companies to correct or respond to a policy’s issues.

Despite the number of complaints, Geico and Travelers have an “A+” rating with the BBB.

Geico vs. Travelers: What is their market share?

Although Travelers customer ratings are slightly better, Geico has a larger market share. Geico has the second-highest market share in the insurance industry.

Travelers carry 2 percent of the insurance market share, but its share is much more significant when matched up against other companies in the United States.

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Geico vs. Travelers: Car Insurance Coverage and Options

You’re getting close to finding an auto insurance policy — time to start thinking about the coverage you need.

If you’re thinking about buying a new car or financing a vehicle, you may need full coverage and various other coverage. Geico and Travelers have several coverages to choose from. Continue reading to learn what coverages are available.

Geico vs. Travelers: What are their coverage options?

There are several coverages you can choose. Here’s a complete list of coverages you can find at Geico and Travelers.

Geico vs. Travelers Car Insurance Coverages
Geico Car Insurance CoveragesTravelers Car Insurance Coverages
Bodily Injury LiabilityBodily Injury Liability
Property Damage LiabilityProperty Damage Liability
Medical Payments CoverageComprehensive Coverage
Personal Injury ProtectionCollision Coverage
Uninsured/Underinsured Motorist CoveragePersonal Injury Protection
Collision CoverageUninsured/Underinsured Motorist Coverage
Comprehensive CoverageMedical Payments Coverage
Emergency Road ServiceLoan/Lease Gap Insurance
Rental ReimbursementRental Coverage
Mechanical Breakdown InsuranceRoadside Assistance
New Car Replacement
Accident Forgiveness
Ride Sharing
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Travelers has more car insurance coverages you pick. The only coverage Geico is missing is ridesharing coverage.

Usage-Based Insurance Programs

Both Geico and Travelers have usage-based insurance programs where customers can save more money if they allow their insurance providers to monitor their driving habits.

Geico’s usage-based program is known as DriveEasy, and Traveler’s usage-based program is known as IntelliDrive. Each program can be accessed through mobile apps and don’t require telematics.

Geico vs. Travelers: What discount do they offer?

Discounts can save you hundreds of dollars on car insurance per year. Take advantage of discounts so you can slash expensive car insurance rates. Here are the discounts for Geico and Travelers. The “x” indicates that the discount is available.

Geico vs. Travelers Car Insurance Discounts

Discount NameGeico Car Insurance DiscountsTravelers Car Insurance Discounts
Adaptive Cruise Control
Adaptive Headlights
Anti-lock Brakesxx
Anti-Theftxx
Daytime Running Lightsxx
Electronic Stability Control
Utility Vehiclex
Vehicle Recoveryxx
VIN Etchingx
Lane Departure Warning
Newer Vehiclexx
Green Vehiclex
Forward Collision Warning
Claim Freexx
Continuous Coveragexx
Defensive Driverxx
Distant Studentxx
Driver's Edxx
Driving Device/Appxx
Early Signingxx
Emergency Deploymentx
Engaged Couple
Family Legacyx
Family Plan
Farm Vehiclex
Fast 5
Federal Employeex
Full Paymentxx
Further Educationxx
Garaging/Storingx
Good Credit
Good Studentxx
Homeownerxx
Life Insurance
Low Mileagexx
Loyaltyx
Married
Membership/Groupxx
Militaryx
Military Garaging
Multiple Drivers
Multiple Policiesxx
Multiple Vehiclesxx
New Address
New Customer/New Plan
New Graduate
Newly Licensed
Newlyweds
Non-Smoker/Non-Drinker
Occasional Operator
Occupationxx
On Time Paymentsx
Online Shopper
Paperless Documents
Paperless/Auto Billingx
Passive Restraintxx
Recent Retirees
Renter
Roadside Assistance
Safe Driverxx
Seat Belt Usex
Senior Driver
Stable Residence
Students & Alumnix
Switching Provider
Volunteer
Young Driver
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Geico carries more discounts than Travelers, but it doesn’t mean you can’t save money with Travelers.

Geico vs. Travelers: What is the best car insurance company?

Is Travelers insurance the same as Geico? No. They’re different companies with the same mission — to keep customers insured. The best company between the two is difficult to say. Check out these highlights to see which company works best for you.

Geico vs. Travelers Car Insurance Highlights
Geico is Best For…Travelers is Best For…
Cheaper than average ratesFriendly website with quick quotes
Easy repair processGreat Financial strength ratings
Usage-based insurance mobile app doesn't require telematicsMultiple discounts for new policyholders
Tons of discountsQuicker access to agents
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If you’re looking for more cost-efficient rates, go with Geico. However, Travelers has more coverage options and slightly higher ratings. It’s a tough choice, but go with the company the best meets your needs.

Perhaps neither company has what you need. It’s not too late. Get car insurance quotes now by entering your ZIP code in the FREE comparison tool below.

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