Compare National General vs. Travelers: Quotes, Discounts 2024

National General vs. Travelers: A Summary

If you’re comparing car insurance providers, there are a variety of companies that can offer the insurance coverage you need. Two reputable insurance providers you may consider in your search are National General and Travelers. Here’s how these two companies compare in terms of average premium and Insurify Composite Score.

ICS Score Explanation:

The Insurify Composite Score (ICS) is a proprietary rating calculated by a team of data scientists at Insurify, weighing multiple factors that reflect the quality, reliability, and health of an insurance company.

Inputs to the score include financial strength ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.

National General

National General Insurance Company was founded in 1920 and offers a few different insurance products: auto insurance, home insurance, and RV insurance. In addition to providing liability, collision, and comprehensive coverage, the provider also offers roadside assistance and special coverages for classic car owners, along with Mexico car insurance.

National General received an A+ (Superior) financial strength rating from A.M. Best. However, National General received poor marks for customer satisfaction. The company was the bottom-ranked midsize insurer in the J.D. Power 2021 U.S. Insurance Shopping Study ^[1]. And, given the company’s size, it received more complaints with the NAIC in 2021 than expected.

Furthermore, National General does not offer a mobile app you can use to manage your policy. And while National General’s rates sometimes beat the industry average, other companies offer cheaper premiums on average. However, National General does offer several discounts you can use to save, including the DynamicDrive usage-based telematics program.

Travelers

Travelers Insurance has been around since 1864 and offers a variety of insurance products, including car, home, pet, and renters insurance. In addition to standard auto coverage options, the company offers gap insurance, rental car coverage, roadside assistance, new car replacement, rideshare coverage, and named non-owner coverage.

Travelers also offers a variety of discounts you can use to save money on your car insurance policy, including the IntelliDrive usage-based program. The company also offers plenty of online tools and a feature-packed mobile app. And Travelers’ premiums often beat the industry average.

Travelers has superior financial stability ratings from multiple independent rating agencies. However, the company ranks below average for customer satisfaction in both the J.D. Power 2021 U.S. Insurance Shopping Study and the 2021 U.S. Auto Claims Satisfaction Study ^[2] . The company also had a high number of complaints with the NAIC in 2021 given its size.

The Best Car Insurance Companies in 2022

Travelers is one of the best insurance companies we reviewed, despite some drawbacks. The company has superior financial strength ratings and offers great coverage options at generous prices. While National General is not one of the best, it’s still a reputable company that may be able to meet your coverage needs.

Compare National General vs. Travelers: Which Is Cheaper?

Travelers is typically cheaper than National General on average. However, National General is cheaper for drivers with poor credit and drivers in their 70s and 80s. Drivers with certain violations on their records may also find cheaper rates at National General. To check your rate with both companies, you can get quotes from Insurify in just a few minutes.

The Cheapest Car Insurance Companies in 2022

Travelers and National General are two of the cheapest insurance companies we reviewed, with rates that often beat the industry average. However, you’ll find even cheaper average rates from companies like USAA, State Farm, and GEICO.

Compare National General vs. Travelers Car Insurance by Age

Car insurance companies look at your age when setting your auto insurance premiums because it directly relates to your experience on the road and the likelihood that you’ll file a claim. For example, teen drivers are more likely ^[3] to get into an accident than any other age group, so they pay the highest rates for car insurance. Elderly drivers may also notice increased rates.

Drivers in their 50s and 60s, on the other hand, pay the least for car insurance. Here’s what National General and State Farm are charging policyholders on average based on their age.

Travelers is cheaper than National General for most age groups. However, with Travelers’ premiums spiking for elderly motorists, National General offers slightly cheaper premiums to drivers in their 70s and 80s. The biggest difference in price between these two companies is for drivers in their 30s, who pay $19 less on average at Travelers.

Compare National General vs. Travelers Car Insurance by Gender

Gender plays a role in establishing your auto insurance rates at many companies. Women tend to pay slightly less over the course of their lives, but especially at younger ages, when research shows that males are significantly more likely to be in a fatal accident. Here’s what National General and Travelers are charging men and women for car insurance.

Which is cheapest for men?

Travelers is $17 cheaper than National General for men. Travelers also beats the industry average rate by $10, while National General charges $7 more than the industry average.

Which is cheapest for women?

Women pay cheaper premiums on average at Travelers, which beats the industry average by $8. National General charges $8 more than the industry average rate for women.

Compare National General vs. Travelers Car Insurance by Mileage

When you apply for a car insurance policy, you’ll provide your estimated annual mileage. Some companies take this into consideration when setting your rates, though it typically has a minimal impact. You can usually save more by enrolling in a usage-based program. Here’s what National General and Travelers are charging policyholders based on their mileage.

Which is cheapest for drivers with high mileage?

Travelers is cheaper than National General by $16 and $8 cheaper than the industry average for high-mileage drivers Cheaper average rates are available from companies like GEICO and Erie.

Which is cheapest for drivers with low mileage?

Travelers is $16 cheaper than National General for low-mileage drivers. Paired with a lower cost than the industry average, Travelers is the choice for drivers who keep their mileage low throughout the year.

Compare National General vs. Travelers Car Insurance by Credit Score

Auto insurance companies in most states consider your credit-based insurance score when setting your rates. That score is based on information in your credit report, like your payment history and debt utilization. It’s not that insurers are worried about you paying your bill—if you don’t, they’ll just cancel your policy.

Instead, they’re concerned about the risk to insure you, given evidence of a correlation ^[4] between poor credit and high claims-filing. As a result, drivers with poor credit often pay significantly higher premiums. But every company will evaluate your score a little differently. Here’s what you can expect from National General and Travelers based on your credit tier.

Which is cheapest for good credit?

Travelers is cheaper than National General for drivers with good or excellent credit. Travelers also beats the industry average by at least $8. National General charges at least $10 more than the industry average rate.

Which is cheapest for bad credit?

Travelers is cheaper than National General for drivers with average credit. Travelers beats the industry average rate by $9 for these drivers. However, Travelers charges drivers with poor credit almost double. While that still beats the industry average by $6, National General is cheaper for drivers with poor credit, beating the industry average by $21.

Compare National General vs. Travelers Car Insurance by Driving Record

Car insurance companies evaluate your driving history to estimate the likelihood you’ll file a claim in the future. Safe drivers who have never had any violations pay the lowest auto insurance rates. People with DUIs and speeding tickets, on the other hand, are charged higher rates to account for the risk of future infractions.

Which is cheapest for good drivers?

Travelers is cheaper than National General for motorists who have a squeaky clean driving record. Travelers also beats the industry average by $9, while National General is $8 more expensive than the industry average rate.

Which is cheapest after a speeding ticket?

Travelers’ rates spike for drivers with speeding tickets, costing $5 more than the industry average. As a result, National General offers cheaper rates for drivers who have been caught speeding. National General beats the industry average rate by $12.

Which is cheapest after an accident?

Travelers offers generous rates to drivers who have been in crashes, beating the industry average by $20. National General, meanwhile, charges about $14 more than the industry average rate for drivers who have been in accidents.

Which is cheapest after a DUI?

Both National General and Travelers beat the industry average rate for DUI drivers. However, National General’s rates are especially generous. National General is $23 cheaper than Travelers and a whopping $61 less than the industry average.

National General vs. Travelers Car Insurance: What discounts does each offer?

National General Discounts

• Multi-policy

• Multi-vehicle

• Telematics

• Affinity

• Full pay

• Paperless

• Autopay

• Defensive driving course

• Anti-theft

Travelers Discounts

• Multi-policy

• Multi-vehicle

• Homeowner

• Safe driver

• Continuous insurance

• Hybrid/electric vehicle

• New car

• Autopay

• Full pay

• Good payer

• Early quote

• Good student

• Student away

• Driver training

• Affinity

• Telematics

Note that not all discounts are available in all states. Ask an Insurify insurance agent for more details.

Our Methodology and How We Compared National General and Travelers

The car insurance quotes provided in Insurify’s insurance company comparison guides are based on the analysis of over 50 thousand insurance quotes from 500 ZIP codes nationwide. Insurify’s data science team performs a comprehensive analysis of factors car insurance providers weigh to calculate rates, including driver demographics, driving record, credit score, desired coverage level, and more to give representative samples.

Insurify’s analysis also incorporates the Insurify Composite Score (ICS) assigned to each insurance provider. The ICS is a proprietary rating calculated by weighing multiple factors that reflect the quality, reliability, and health of an insurance company.

Ratings used to calculate the ICS include Financial Strength Ratings from A.M. Best, Standard & Poor’s, Moody’s, and Fitch; J.D. Power ratings; Consumer Reports customer satisfaction surveys and customer complaints; mobile app reviews; and user-generated company reviews.

With the above insights and ranking methods, Insurify is able to offer car insurance shoppers a window into how insurance providers compare to one another in terms of both cost and quality.