Updated: October 23, 2025
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State Farm is more affordable than Travelers, with an average annual premium that’s roughly $4,394 lower.
Travelers offers eco-friendly and loss-free savings, while State Farm provides roofing and wildfire mitigation discounts that vary by state.
Both offer coverage for personal property, water backup and identity theft, but Travelers adds unique options like energy efficiency upgrades and guaranteed replacement cost.
To compare State Farm vs. Travelers home insurance policies, MoneyGeek used a unique ratings system based on affordability, customer experience and coverage options.
| State Farm | $2,454 | 4.66 | 4.88 | 4.58 | 4.03 |
| Travelers | $6,848 | 3.64 | 4.09 | 3.81 | 1.67 |
State Farm holds a clear advantage over Travelers in affordability, with a cheaper average home insurance rate of $2,454 per year, compared to Travelers' $6,848 for $250,000 in dwelling coverage. However, home insurance premiums can vary based on factors such as your coverage level, home location and credit score.
Dwelling coverage provides financial protection if your home needs to be repaired or rebuilt due to a covered incident, subject to policy terms and conditions. Therefore, the amount you choose should equal the total costs associated with repairing or rebuilding your home.
State Farm is the more affordable option compared to Travelers, with a cheaper average annual cost across dwelling coverage levels.
Use the table below to compare home insurance rates between State Farm vs. Travelers based on your desired coverage limits with a $1,000 deductible.
| $100K Dwelling / $50K Personal Property / $100K Liability | $4,378 | $1,301 |
| $250K Dwelling / $125K Personal Property / $200K Liability | $6,848 | $2,454 |
| $500K Dwelling / $250K Personal Property / $300K Liability | $9,963 | $3,806 |
| $750K Dwelling / $375K Personal Property / $500K Liability | $13,375 | $5,340 |
| $1MM Dwelling / $500K Personal Property / $1MM Liability | $17,129 | $7,048 |
Aside from coverage level, home insurance rates between State Farm and Travelers can change based on where you live.
State Farm is cheaper in almost all states where it’s available for a policy with $250,000 in dwelling coverage. It’s most affordable in Hawaii at an average of $446 per year. On the other hand, Travelers is cheapest in Delaware, costing an average of $718 annually.
See how State Farm and Travelers rates compare across different states in the table below.
| Alabama | $10,508 | $2,721 |
| Alaska | No Data | $1,402 |
| Arizona | $6,675 | $1,312 |
| Arkansas | $13,257 | $3,057 |
| Colorado | No Data | $2,478 |
| Connecticut | $5,211 | $1,966 |
| Delaware | $718 | $1,017 |
| District of Columbia | No Data | $1,165 |
| Florida | No Data | $4,131 |
| Georgia | $2,096 | $2,572 |
| Hawaii | No Data | $446 |
| Idaho | No Data | $1,209 |
| Illinois | $8,869 | $1,713 |
| Indiana | $8,505 | $1,941 |
| Iowa | No Data | $2,136 |
| Kansas | No Data | $2,872 |
| Kentucky | No Data | $2,467 |
| Louisiana | No Data | $4,900 |
| Maine | $2,401 | $990 |
| Maryland | $6,518 | $1,661 |
| Michigan | No Data | $1,954 |
| Minnesota | No Data | $2,837 |
| Mississippi | $10,857 | $4,540 |
| Missouri | No Data | $2,940 |
| Montana | $19,088 | $2,564 |
| Nebraska | $17,321 | $3,672 |
| Nevada | No Data | $1,153 |
| New Hampshire | No Data | $1,091 |
| New Jersey | No Data | $1,443 |
| New Mexico | No Data | $1,604 |
| New York | $1,703 | $1,151 |
| North Carolina | No Data | $1,161 |
| North Dakota | No Data | $2,660 |
| Ohio | $5,442 | $1,475 |
| Oklahoma | No Data | $3,489 |
| Oregon | No Data | $1,164 |
| Pennsylvania | $6,402 | $1,397 |
| Rhode Island | No Data | $1,205 |
| South Carolina | $5,276 | $2,064 |
| South Dakota | No Data | $2,727 |
| Tennessee | $5,973 | $2,166 |
| Texas | No Data | $3,992 |
| Utah | No Data | $1,021 |
| Vermont | $2,440 | $1,177 |
| Virginia | $8,456 | $1,598 |
| Washington | No Data | $1,384 |
| West Virginia | No Data | $1,467 |
| Wisconsin | No Data | $1,390 |
| Wyoming | No Data | $1,725 |
*Note: In states where State Farm or Travelers is not available, “No Data” will be shown.
Travelers and State Farm offer several home insurance discounts that reward safe homeowners and encourage proactive protection. Travelers focuses on broad, easy-to-qualify savings, including eco-friendly and claims-free discounts, while State Farm provides additional incentives tied to home upgrades and regional risk mitigation.
Multi-Policy / Bundle Discount | Save when you purchase multiple policies (such as home and auto) from the same insurer. | ✅ | ✅ |
Homebuyer Discount | Available to customers who purchased their home within 12 months before the policy effective date. | ✅ | ❌ |
Protective Device / Home Security Discount | Provides savings for installing safety or security systems such as smoke detectors, fire alarms, sprinklers or burglar alarms. | ✅ | ✅ |
Loss-Free Discount | Offered to eligible customers who have not experienced a claim or loss within a specified time period. | ✅ | ❌ |
Green Home Discount | Offers up to 5% savings if your home is certified as a “green home” by the LEED organization. | ✅ | ❌ |
Roofing Discount | Offers savings for using approved impact-resistant or hail-resistant roofing materials. | ❌ | ✅ |
Wildfire Mitigation Discount | Available in certain areas (such as California) for homes that meet wildfire safety or community-level protection standards. | ❌ | ✅ |
*Note: List of discounts is based on what’s available on the provider’s website at the time of writing. Actual availability of discounts varies by state. Speak with your agent to see what discounts you qualify for.
Good customer service matters just as much as getting an affordable homeowners insurance policy. When you need to file a claim, you want quick responses and an insurer that’s easy to work with.
In MoneyGeek’s study, State Farm earned a 4.66 out of 5, outperforming Travelers’ 3.64. MoneyGeek’s customer service scores are informed by J.D. Power satisfaction data, where State Farm scored 4.58 out of 5 and Travelers scored 3.81 out of 5, showing that State Farm delivers stronger overall service.
A standard homeowners insurance plan already includes dwelling, personal property and liability coverage, but optional add-ons can help fill important gaps.
Travelers stands out for offering features like an energy efficiency upgrade and guaranteed replacement cost, though actual optional coverages vary by state, and State Farm may offer more options depending on where you live.
Scheduled Personal Property | Provides higher limits and broader protection for valuable items such as jewelry, collectibles and personal property. May include replacement cost coverage and the option for a separate personal articles floater for specific items. | ✅ | ✅ |
Back-Up of Sewer or Drain | Covers water damage caused by backed-up sewers or drains or sump pump overflow, excluding floods or surface water. | ✅ | ✅ |
Cyber Event / ID Theft | Offers reimbursement or coverage for identity theft or cyber attacks, including restoration expenses. | ✅ | ✅ |
Energy Efficiency Upgrade | Helps pay to rebuild or repair your home with environmentally friendly or energy-efficient materials after a covered loss. | ✅ | ❌ |
Guaranteed Replacement Cost | Adds extra funds to repair or rebuild your home if dwelling coverage isn’t enough after a covered loss. | ✅ | ❌ |
*Note: List of coverages is based on what’s available on the provider’s website at the time of writing. Actual availability of coverages varies by state. Speak with your agent to see what coverage is offered in your state.
MoneyGeek’s comparison found that State Farm outperforms Travelers in affordability and customer experience, earning an overall score of 4.66 compared to Travelers’ 3.64. State Farm’s homeowners insurance costs about $4,394 less per year on average, making it the cheaper choice for most homeowners.
Both companies provide strong coverage and discount opportunities, but Travelers stands out for offering green home and guaranteed replacement cost coverages, while State Farm excels in customer satisfaction and state-specific savings options.
Choosing between State Farm and Travelers depends on what matters most: affordability, coverage options or discounts. Here are quick answers to common questions about how the two insurers compare.
State Farm is the more affordable option overall, with average premiums about $2,454 less per year than Travelers. However, your actual rate depends on factors such as your location, coverage limits and credit score. Comparing personalized quotes from both companies is the best way to find the most accurate price for your home.
MoneyGeek’s analysis found that State Farm leads in customer satisfaction, scoring 4.58 out of 5 compared to Travelers’ 3.81. This higher rating reflects State Farm’s faster claims handling and stronger overall customer experience. Travelers still offers reliable support, but it trails slightly in responsiveness and satisfaction.
Travelers offers a wider variety of broad-based discounts, including savings for green homes, being claim-free and bundling policies. State Farm, on the other hand, provides specialized regional discounts such as roofing and wildfire mitigation incentives. The exact discounts available depend on your state, so it’s best to confirm eligibility with a local agent.
Based on MoneyGeek’s analysis, State Farm ranks higher overall for its affordability and customer satisfaction. Travelers still performs well for homeowners seeking eco-friendly coverage or more customization options. The right choice ultimately depends on whether you value lower premiums or more specialized coverage features.
MoneyGeek used a consistent base profile to evaluate both State Farm and Travelers homeowners insurance policies and measure their affordability, service quality and coverage options.
Our analysis was based on the following homeowner profile:
We applied the same rating system for both insurers, weighted as follows:
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
