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Travelers Home Insurance Review

19 Customer Comments & Reviews - see all comments
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Travelers is a multinational corporation mainly dealing in commercial, personal property and casualty insurance. Based in New York City the stalwart organization has been in operation for more than 160 years.

Travelers has close to 30,000 employees and 20,000 independent agents spread across the US, Canada, the UK, Ireland, and Brazil. The company has very strong financial strength ratings and a reputation as one of the best property insurers in operation today.

How is Travelers rated?

Breakdown

4.5/5
Coverage Options
5.0/5
Pricing and Discounts
4.5/5
Customer Service
5.0/5
Financial Strength
4.5/5
Add-On Coverages

Overall Rating: 4.8 / 5 (Excellent)

Travelers offers solid home insurance policies with every type of coverage you could need.

They also give customers access to a lot of additional a la carte coverage options other carriers don't provide. Their discount offerings are, however, a little thin when compared to industry standards.

Travelers is, though, an enduring financial presence with an enormous footprint and rock-solid financial ratings in terms of claims paying ability and creditworthiness.

Financial Strength

Financial Strength - 5 / 5

Travelers has impeccable financial strength ratings. As an insurance company in operation for more than 160 years, they are well situated to honor claims into the foreseeable future.

This is of particular value when it comes to homeowners insurance as claims are very often made on a large scale, as in the case of natural disasters.

A carrier like Travelers will need to pay out sufficient amounts to deal with entire affected regions. Travelers has strong S&P and Moody's ratings, not to mention the highest grade possible from A.M. Best.
Underwriter
The Travelers Indemnity Company
Marketshare
3.92%
Premiums Written
$23,918,047,683
Standard & Poor's Financial Rating
AA
Moody's Financial Rating
Aa2
AM Best Financial Rating
A++
*The above information reflects the financial strength of the underwriter of the Travelers home insurance policies: The Travelers Indemnity Company.

Customer Experience

Customer Service - 4.5 / 5

Travelers boast a more or less standard customer service score. The company carries an A+ with the BBB.

Although they have a disproportionate number of complaints with the organization, Travelers has taken the time to address them all and give dissatisfied customers personal attention and avenues of resolution.

National Association of Insurance Commissioners

NAIC Complaint Ratio
2.58
NAIC Total Complaints
12
*The NAIC complaint ratio (in this case 2.58) is a ratio of the number of complaints a company received to the total premiums written in a calendar year. The median complaint ratio across all companies is 1. A score below 1 means the company received fewer than average complaints. A score above 1 means the company received a higher number of complaints than average.

Customer Ratings

BBB Rating
A+
Number of BBB Positive Reviews
2
Number of BBB Neutral Reviews
2
Number of BBB Negative Reviews
23
Date Collected
2017-11-02

Travelers Coverage

Coverage Options - 4.5 / 5

Travelers offers just about every type of standard and additional coverage a homeowner might need.

This is augmented by special personal content replacement, jewelry or other valuable item coverage, scheduled personal articles floater, and even ID fraud protection.
Basic Coverage Types
Dwelling Protection
Other Structures Protection
Personal Property Protection
Liability Protection
Additional Living Expense Coverage
Additional Coverage
Water Backup Coverage
Enhanced Dwelling Protection
Scheduled Personal Property Coverage

Pricing & Discounts

Pricing and Discounts - 5 / 5

Travelers does not have as robust a list of discounts on their website when compared to similarly-sized carriers.

The company offers reductions for new home purchase, as well as certain safety features. At the policy level, they only offer a claims free and multi-policy bundle discount.

However, an interesting feature is the company's "green home discount." This can get homeowners up to a 5% discount if their dwelling has been certified green by the Energy and Environmental Design (LEED) organization.

Household Discounts

  • New Home
  • Home Safety Features

Policy Discounts

  • Multi-Policy
  • Claim-Free

Contact & Additional Information

Homepage URL
Company Phone
(800) 328-2189
Headquarters Address
485 Lexington Avenue, New York, NY, 10017
Year Founded
1853

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19 Customer Comments & Reviews

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Erin
11/23/2021
I had a truly horrible experience with Travelers homeowner's insurance after dealing with a pipe leak in my condo. After an initial representative visited to assess the leak, it was like pulling teeth to get ahold of anyone. The response time to my emails and calls was very long and the entire process from leak to fixed floors took 7 months. We lived for that length of time with exposed concrete floors and nails sticking out of walls. We were reassigned multiple times to different representatives without our knowledge, and each time the new representative was not up-to-date on our issue. Our final representative was horrible at responding or getting in-touch with us. When I spoke to the... Read More


moomolee
10/12/2021
Believe what we're saying here! Have filed a claim myself and they quote less than half what contractors here charge. Trying to get adjustment, and was able to pay to rip out damaged walls but can't put them back up until I save. Have waited over 4 months now. Better off setting money aside for disaster, but of course, a mortgage requires insurance. Will certainly seek out another company if any are left with integrity. Astonished at gentleman waiting over a year for claim. How go they expect people to live with destroyed homes??!!??


Jean W
5/11/2021
We had a pipe in our bathroom ceiling causing water damage. The mold needed to be removed the fixtures put back in place, We are receiving bills directly from vendors wanting payment. We have been unable to communicate with the adjuster. It is almost impossible to reach him by phone. We are elderly people, and too many people involved and who to pay and not to pay is overwhelming. I don't think we have received the time and attention to get the bathroom back in order. The incident happened on April 4th. It is now 4 weeks later. Venders are asking for money, and nothing has been in the way of restoration.


jpmistry3190
4/20/2021
Going through a nightmare with a water damaged floor that 4 flooring companies have said could not be repaired and needs to be replaced, yet Travelers continues to try and find a company that will do the repair but offers no warranty on the repair. Taken six months now and still no closer to getting floor repaired, or any kind of resolution. Stay away from Travelers !!


landyzenator
3/12/2021
It feels bad logging in to travelers.com to see smiling families enjoying their safety and well being meanwhile my family has been stepping in between rusty nails in our destroyed floor for over a month with no response from travelers. Daily follow-ups, Four claim agents, one internal complaint, and one state department of insurance complaint has yielded no meaningful response. Avoid Travers at all costs if you love your family.


Mary T
10/1/2020
Lies and more lies....I literally only have this company for less than a month and could not get anybody to tell the same story more than once. Depending on who you talk to they were either rude or just plain incompetent. I was able to luckily go back to my old insurance where they actually pride themselves on being honest as well as helpful. Even got attitude from the manager I spoke with. No wonder their business is suffering. If you have any common sense you will not get insurance with this company.


Jill D
12/13/2019
I will be telling everyone I can reach both in social media and beyond that Travelers is a company no one should deal with. We never ever make claims and we had travelers as our carrier. We had our camper break while on vacation out of state. It took almost 4 months and a few agents to get the thing repaired so we could bring it home. Then yesterday we get a letter saying they are raising our insurance to a $1,000 dollars and we are no longer covered! WOW awesome company (NOT)


mcklaireg
9/20/2019
Worst Insurance EVER! Readjusted my premium and they requested 2 payments from my mortgage company for my escrow leaving my escrow account NEGATIVE $3000!!!!!!!!! They could not overnight me any reimbursement or help expedite the process whatsoever even though this was their fault. They took absolutely NO ownership and I will absolutely be moving my insurance to another company!


A
amarkoglu
8/27/2019
I lived in the same location over 40 years and I a several years back switched to Travelers. I never had any major claims with the previously insurance Companies. I did changed to combine auto and house insurance for a better rate. Was a mistake. On January 9 2018, I had a loss due to freezing weather and by Jan 9, 2018 I filed my claim. Their insurance so called professional claim adjuster was and still is totally useless and clueless. Travelers should not employee claim adjusters like that. I had over $100,000. damage on a three story historic home that boiler was frozen due to power loss and took them more than expected to replace local street transformer and did huge damage to the... Read More


G
gloria
6/18/2019
Travelers is the worst insurance company. The customer service is at best appalling. I am truly disappointed with the way in which they have handled my claim. I believe that if I pay my insurance on time that when I comes to pay a claim their payment should also be as expeditious. So much for expectations. Beware and stay away. this company deserves negative stars.



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Wide Selection Of Home Insurance Discounts - Online Quotes In Minutes!

  • Covers common occurrences like fire or theft and accidents
  • Protect your valuable items (electronics and jewelry) 
  • A wide range of excellent coverage options