Updated: November 25, 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, with $250,000 in dwelling coverage. It’s most affordable in Hawaii at $446 per year. Travelers is the cheapest in Delaware, costing an average of $718 per year.
| 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 reward safe homeowners and proactive protection with discounts. Travelers helps you save with eco-friendly and claims-free discounts.
Multi-Policy / Bundle Discount | Save by buying multiple policies (home and auto) from one insurer. | ✅ | ✅ |
Homebuyer Discount | If you bought your home within 12 months before the policy starts. | ✅ | ❌ |
Protective Device / Home Security Discount | You save money by installing safety or security systems like smoke detectors, fire alarms, sprinklers or burglar alarms. | ✅ | ✅ |
Loss-Free Discount | For customers with no claims or losses within a set time period. | ✅ | ❌ |
Green Home Discount | You get up to 5% savings for homes certified "green" by LEED. | ✅ | ❌ |
Roofing Discount | Saves money for approved impact-resistant or hail-resistant roofing. | ❌ | ✅ |
Wildfire Mitigation Discount | For homes in certain areas (like California) meeting wildfire safety or community 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.
State Farm beats Travelers in affordability and customer experience, scoring 4.66 versus Travelers' 3.64. State Farm's homeowners insurance costs about $4,394 less per year on average.
Both companies provide strong coverage and discounts.
Choosing between State Farm and Travelers depends on what matters most: affordability, coverage or discounts. We answer common questions about how these insurers compare.
State Farm is the cheaper option overall, with average premiums $2,454 less per year than Travelers. Your actual rate depends on your location, coverage limits and credit score. Get personalized quotes from both companies to find the most accurate price for your home.
MoneyGeek's analysis shows State Farm leads in customer satisfaction, scoring 4.58 out of 5 versus Travelers' 3.81.
Travelers offers more broad-based discounts, including savings for green homes, staying claim-free and bundling policies.
MoneyGeek's analysis shows State Farm ranks higher overall for affordability and customer satisfaction. Travelers performs well for homeowners wanting eco-friendly coverage or more customization. The right choice depends on whether you value lower premiums or 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.
