Travelers Insurance Reviews and Ratings 2024
In 1864 a Hartford-based businessman crossed paths with a local banker and aimed at establishing a company dedicated to introducing accident insurance in the United States. After that rest is history, then a journey of an insurance company began which started serving the people with a wide range of insurance products and services. With its worldwide presence and a dynamic network, Travelers built its foundation as a company providing peace of mind to its customers by helping them protect what matters most.
Travelers has gained the reputation of being the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Travelers provides varieties of insurance products, including Home, Auto , Life and Travel insurance.
Overview: Travelers
Number of reviews: Google (154), BBB (174), Nerdwallet (105) , Total (433)
Ratings: Google (3.2), BBB (1.03), Nerdwallet (4.5), Avg (3)
Official website: www.travelers.com
Followers: Instagram (16.6k), Facebook (104k), X(64.8k), Linkedin (367k)
Founded Year: 1864
165+ Years of History, Travelers has built its image as a well-respected and reputable insurance company.
How Travelers is Portrayed as Sustainable and Community Friendly Company
Travelers' commitment to sustainability involves monitoring and responding to climate risks while providing customer-focused solutions. The company seeks to reduce greenhouse gas emissions from office activities, mobile combustion, and business travel. Travelers also explores innovative insurance products addressing climate-related challenges. Detailed in their comprehensive report, their approach aligns with Task Force on Climate-related Financial Disclosures (TCFD) recommendations. Climate-related risks primarily pertain to property insurance, detailed in sections dedicated to Climate Strategy, Disaster Preparedness & Response, and Public Policy on their website.
Travelers actively contributes to its communities through a variety of initiatives. Employees' dedicated efforts raised over $800,000 during the Community Connections Campaign, supporting United Way and partner organizations nationwide. Additionally, more than $3.8 million was directed through matching gift and volunteer rewards programs. In 2022 alone, Travelers donated over $24 million to communities, amounting to a remarkable total of over $230 million over the past decade. This philanthropy extends through grants, sponsorships, and the generous contributions of employees, all aimed at fostering strong, resilient, vibrant communities and enriching lives through arts and culture.
Benefits and Drawbacks of Travelers
Here are a few benefits and drawbacks of choosing Travelers for your next coverage.
Benefits:
- Great history dating back to 1864
- Providing wide range of coverages
- Reputed and well recognized company
- A financially strong company
- Offers a variety of discounts
Drawbacks:
- Rates can be relatively higher
- Difficult to cancel policies
How Travelers Operates
Travelers Insurance offers insurance through several channels. They sell insurance directly through their website and call center, a common approach. Additionally, Travelers utilizes independent agents who are licensed to offer policies from various companies, ensuring customers find the best-fit coverage.
Furthermore, they engage in affinity marketing by partnering with businesses, like car dealerships, to provide insurance products to their customers. Lastly, Travelers reinsures certain risks with other insurance companies, allowing them to share the cost of large claims when they arise.
Travelers Services
Travelers Insurance offers a comprehensive range of insurance products tailored to individual needs. These include coverage for automobiles, homes, renters, condominiums, landlords, boats, yachts, floods, motorcycles, travel, pets, weddings, events, and umbrella policies.
For businesses, Travelers provides an array of insurance solutions designed to safeguard their operations. These encompass commercial auto and trucking insurance, cyber liability protection, general liability coverage, management and professional liability insurance, property insurance, business owner's policies, surety bonds, and workers' compensation coverage.
Reviews and Ratings of Travelers
Traveler has been reviewed across the platforms like Google, US News, Nerdwallet, BBB, Value Penguins and many more. There are mixed ratings and feedback on different platforms, but on average we must say that Travelers has gained decent reviews and ratings from its customers.
What People Have to Say About Travelers?
There are numerous feedbacks and reviews about Travelers on the internet. You can browse for them. Here we have picked just a few to just to give you the gist.
No run around, no being transferred to a million different people. Literally took a few minutes to get it set. Very happy. - Lisa
★ ★ ★ ★ ★
They seem to be customer driven, good price and helpful on the phone! - Andy
★ ★ ★
The Travelers must consider the risks in agreeing to insure drilling operations for oil and gas in the Arctic. To begin with, the weather conditions are variable and fickle. - Dennis
★ ★
I transferred policies due to lower premiums. – Phil
★
In a Nutshell: Travelers
On our research on Travelers, we looked into its history & background, the mission & vision and values it is committed to provide to its customers. Overall, we found that Travelers has a reputable history dating back to 1864. We found out that the company is providing insurance service to the individuals and the businesses. We also discovered the company’s commitment for the sustainable practices and community welfares. Companies approach for Eco-Efficient Operations is commendable. Their belief of sustaining strong communities via educational and economic opportunities reflects the positive message about the brand.
From 1864 to 2023, Travelers have crossed many milestones and served many generations, though there are mixed reviews and feedbacks from the people, in a nutshell we can say that the company has performed decently well and won the heart of many people.
Why FDIP Reviews for Travelers Insurance?
Since 2014, FDIP has been providing spiritual journeys and meaningful travel experiences to the people across the world. One of the major concerns of all these international travelers are the insurance coverages they get while they are traveling to our volunteer destinations. To help them understand the insurance policies and coverages, we have started this initiative to keep them informed about insurance, policies, coverages and companies.
As Travelers also offers travel insurance, it would be ideal here that we share the reviews and ratings about this company across the platforms. We hope this will be helpful for you to decide on choosing your travel insurance from this company.