Travelers vs Farmers
A detailed comparison of Travelers and Farmers auto insurance, including coverage options, accident forgiveness, telematics programs, new car protection, rental coverage, roadside assistance, discounts and optional features.
“` “`Travelers vs Farmers at a Glance
“`Travelers
TravelersTravelers offers standard auto insurance coverages along with optional protections such as rental coverage, roadside assistance, new car replacement and accident forgiveness.
Farmers
FarmersFarmers provides standard auto coverage plus optional features designed around vehicle repairs, rental needs, accident forgiveness, roadside assistance, rideshare and vehicle customization.
Coverage Comparison
“`Both insurers provide the core coverages commonly associated with personal auto insurance. The exact limits and availability depend on state requirements and the selected policy.
| Coverage / Feature | Travelers | Farmers |
|---|---|---|
| Liability | Available as a standard auto insurance coverage. | Available as a standard auto insurance coverage. |
| Collision | Available. | Available. |
| Comprehensive | Available. | Available. |
| Uninsured / Underinsured Motorist | Available, subject to state requirements and policy terms. | Available, subject to state requirements and policy terms. |
| Personal Injury Protection / Medical Payments | Available depending on state and policy. | Availability depends on state and policy. |
| Rental Coverage | Available, including extended transportation expense options. | Rental reimbursement can cover a rental for up to 30 days while a vehicle is being repaired, subject to policy terms. |
| Roadside Assistance | Available as an optional feature. | 24/7 towing and roadside assistance is available. |
| New Car Protection | Premier New Car Replacement may replace a qualifying totaled new vehicle with a new vehicle of the same make and model during the first five years. | Offers vehicle replacement-related options, subject to eligibility and policy terms. |
| Accident Forgiveness | Available through eligible Travelers plans and subject to state availability and qualification. | Farmers states that one at-fault accident can be forgiven for every three years, subject to terms and eligibility. |
| Rideshare | Limited ridesharing coverage is available in eligible situations and states. | Rideshare and food-delivery coverage is available in applicable states. |
Travelers IntelliDrive vs Farmers Signal
“`Both companies offer telematics programs that use driving information. However, the programs operate differently and the available terms depend on state and eligibility.
Travelers IntelliDrive
TravelersTravelers IntelliDrive uses a smartphone app to evaluate certain driving behaviors. Travelers says safer driving can lead to savings, while riskier driving may result in a higher premium depending on the program and state.
- Uses smartphone-based driving information.
- Evaluates driving behavior such as braking and other driving factors.
- IntelliDrive can offer savings of up to 30% in the standard program.
- Some states and programs have different savings limits.
- Availability varies by state.
- Driving data can be used to rate the policy.
Farmers Signal
FarmersFarmers Signal is a smartphone-based program that monitors driving behavior, including factors such as braking and phone use while driving.
- Offers an initial discount for enrolling.
- Safe driving may lead to additional savings at renewal.
- Riskier driving behavior may affect the premium at renewal.
- Can encourage reduced phone distraction and safer driving habits.
- Availability and eligibility vary by state and policy.
Accident Forgiveness
“`Travelers Accident Forgiveness
Travelers offers Accident Forgiveness as an optional feature for qualifying customers. Its Responsible Driver Plan can forgive one covered accident during a specified period.
Travelers also offers a Premier Responsible Driver Plan that can combine accident forgiveness with additional features such as decreasing deductible and total loss deductible waiver where available.
Farmers Accident Forgiveness
Farmers states that its accident forgiveness feature can forgive one at-fault accident for every three years. The feature is subject to policy terms, eligibility and state availability.
Accident forgiveness does not erase the accident from a driver’s record; it is designed to limit its effect on the policy premium under the applicable terms.
New Car Protection
“`Travelers Premier New Car Replacement
Travelers offers Premier New Car Replacement. For a qualifying vehicle, the coverage can pay for a brand-new vehicle of the same make and model if the vehicle is totaled during the first five years of ownership.
- Designed for qualifying newer vehicles.
- Replacement is based on a new vehicle of the same make and model.
- Original ownership and other eligibility requirements apply.
- Comprehensive and collision coverage are required for the replacement feature.
- The package can also include loan/lease gap protection and glass-related protection.
Farmers Vehicle Replacement Options
Farmers provides vehicle replacement-related options as part of its broader policy customization approach. Availability and eligibility depend on the policy and state.
- Vehicle replacement options may be available.
- New original/OEM parts can be covered for eligible repairs.
- Farmers lists OEM/new original parts coverage for vehicles up to 10 years old.
- Additional vehicle protection options can be selected depending on the policy.
Rental Car and Transportation Protection
“`| Feature | Travelers | Farmers |
|---|---|---|
| Rental Reimbursement | Available as optional coverage. | Can cover rental costs for up to 30 days while the insured vehicle is being repaired, subject to policy limits. |
| Alternative Transportation | Extended transportation expense coverage may help with rental vehicles or public transportation after a covered loss. | Rental alternative/loss-of-use coverage can provide a daily stipend within the selected limit. |
| Rideshare | Limited ridesharing coverage is available in eligible states and situations. | Rideshare and food-delivery coverage is available in applicable states. |
Roadside Assistance and Repair Features
“`Travelers
Travelers offers roadside assistance as an optional auto insurance feature. Its coverage lineup also includes optional protections related to rental transportation and new vehicle replacement.
Farmers
Farmers offers 24/7 towing and roadside assistance. Depending on the selected coverage, assistance can include towing, tire changing, locksmith service and jump-starts.
OEM Parts and Vehicle Repair Considerations
“`Travelers Repair Considerations
Travelers provides multiple auto coverage options that can apply after a covered accident, with specific repair and claims provisions determined by the policy and applicable state rules.
Farmers OEM / New Original Parts
Farmers specifically lists coverage for new original equipment manufacturer parts when available for covered repairs. Farmers says this option is available for eligible vehicles up to 10 years old.
Discounts and Savings Programs
“`| Potential Savings Area | Travelers | Farmers |
|---|---|---|
| Telematics | IntelliDrive programs can reward safer driving, with program-specific savings. | Signal can provide an initial enrollment discount and potential savings based on safe driving. |
| Safe Driver | Travelers offers safe-driver-related savings and programs depending on eligibility. | Farmers offers safe-driver discounts subject to its eligibility requirements. |
| Bundling | Travelers offers bundle-related savings opportunities for qualifying policies. | Farmers offers multiple policy and household-related discount opportunities. |
| Student Discounts | Student-related discounts may be available for eligible drivers. | Farmers offers a good-student discount for qualifying students. |
| Payment / Policy Options | Discount opportunities vary by state and policy. | Farmers lists Auto Pay/EFT and other potential discount categories. |
Farmers currently lists a range of driver and policy discounts, including Signal, safe-driver, good-student, distant-student, five-year accident-free and Auto Pay/EFT opportunities. Eligibility varies.
“`Which Features May Matter to Different Drivers?
“`| Driver Situation | Relevant Travelers Feature | Relevant Farmers Feature |
|---|---|---|
| You drive carefully and want telematics savings | IntelliDrive may reward safer driving. | Signal may provide an initial discount and potential renewal savings for safe driving. |
| You own a newer vehicle | Premier New Car Replacement can be particularly relevant if eligibility requirements are met. | Vehicle replacement and OEM/new original parts options may be relevant. |
| You want accident forgiveness | Responsible Driver Plan options can include Accident Forgiveness. | Accident Forgiveness can forgive one at-fault accident for every three years, subject to terms. |
| You frequently need a rental vehicle after a covered accident | Rental and extended transportation expense options are available. | Rental reimbursement can cover up to 30 days while an eligible vehicle is repaired. |
| You want OEM repair parts | Review the applicable Travelers policy and repair provisions. | Farmers specifically offers new original/OEM parts coverage for eligible vehicles. |
| You drive for rideshare or food delivery | Limited ridesharing coverage may be available in eligible states. | Rideshare and food-delivery coverage is available in applicable states. |
Travelers vs Farmers: What About Price?
“`The most important pricing point is that there is no universal Travelers or Farmers rate that applies to every driver. Auto insurance pricing can change substantially based on location, age, driving history, claims history, vehicle, annual mileage, coverage limits, deductibles, insurance history and other rating factors.
For that reason, a meaningful price comparison should use the same vehicle, drivers, address, coverage limits and deductibles when obtaining quotes from both insurers.
How to Compare Travelers and Farmers Quotes
“`Use the Same Driver Information
Enter the same drivers, address, vehicles, driving history and annual mileage when comparing quotes.
Match Coverage
Compare equivalent liability limits, deductibles, collision, comprehensive, uninsured motorist and other selected coverages.
Review Optional Features
Check accident forgiveness, telematics, rental coverage, roadside assistance, new car protection and other optional features.
Frequently Asked Questions
“`What is the main difference between Travelers and Farmers auto insurance?
Both companies provide standard auto insurance coverage and a range of optional features. Travelers highlights programs such as IntelliDrive, Premier New Car Replacement and Responsible Driver Plan options. Farmers highlights Signal, accident forgiveness, OEM/new original parts, rental coverage, roadside assistance and rideshare-related options. Availability varies by state and policy.
Does Travelers offer a telematics program?
Yes. Travelers offers IntelliDrive programs that use smartphone-based driving information. Travelers states that safer driving may result in savings, while riskier driving may result in a higher premium depending on the applicable program and state.
Does Farmers offer a telematics program?
Yes. Farmers offers Signal, which monitors certain driving behaviors such as braking and phone use while driving. Farmers states that safe driving may lead to savings while riskier driving may affect the premium at renewal.
Does Travelers offer new car replacement?
Yes. Travelers Premier New Car Replacement can, subject to eligibility and policy terms, replace a qualifying totaled new vehicle with a brand-new vehicle of the same make and model during the first five years of ownership.
Does Farmers offer accident forgiveness?
Yes. Farmers states that its accident forgiveness feature can forgive one at-fault accident for every three years, subject to eligibility, policy terms and state availability.
Does Farmers offer OEM parts coverage?
Yes. Farmers lists new original equipment manufacturer parts coverage when available for covered repairs and states that the option is available for eligible vehicles up to 10 years old.
Which company has the lower auto insurance price?
Pricing depends on the individual driver and policy. The only reliable way to compare the actual premium is to obtain quotes using matching driver information, vehicle information, coverage limits and deductibles.
Are Travelers and Farmers features available in every state?
No. Auto insurance coverage, endorsements, discounts, telematics programs and eligibility can vary by state. Always verify the specific feature and terms available for the policy being quoted.
Explore the Full Company Pages
“`Use the dedicated company pages on Newest Cars Insurance to review each insurer separately before comparing quotes.
“`