USAA and Travelers receive excellent pricing, customer satisfaction and financial stability scores, with USAA scoring much higher than Travelers for customer satisfaction. USAA is also slightly more affordable overall.
With USAA, a policy with $500K in dwelling coverage costs an average of $4,421 per year, much lower than a Travelers policy, which costs $5,528. However, Travelers offers a broader range of coverage options for homeowners who want additional protection. Travelers also offers more discounts. However, USAA is available in every state, while Travelers does not cater to homeowners in California, Florida or Alaska.
To help you narrow down your options, MoneyGeek compared and analyzed these insurers.
Comparison Overview: USAA vs. Travelers
MoneyGeek has outlined the key details of each insurer in the table below to help you compare USAA vs. Travelers homeowners insurance.
Based on their overall MoneyGeek rankings, USAA is a better choice than Travelers. USAA has much higher customer satisfaction ratings and is slightly more affordable than Travelers. In comparison, Travelers provides more coverage choices and opportunities for cost savings with its various discounts.
Which Company Is Cheaper Overall?
MoneyGeek found that USAA's average baseline rate is much cheaper at $1,966 per year than Traveler's, which averages $2,199 per year. Note that these prices are average estimates, so your premium may differ depending on how much home insurance coverage you need and where you live.
Average Annual Homeowners Insurance Premium of USAA vs. Travelers
Average Annual Premium$1,966
Average Annual Premium$2,199
This is 12% more expensive.
When calculating the cost of homeowners insurance, companies consider several variables. The location of your home and the amount of dwelling coverage you choose are key factors that affect cost.
Which Company Is Cheaper Based on Dwelling Coverage Amount?
The level of dwelling coverage you choose should be enough to cover the cost of rebuilding your home, typically ranging from $100K to $3 million. Dwelling coverage from Travelers is always more expensive than USAA. The table below illustrates how dwelling coverage influences the price of homeowners insurance.
Average Premiums for USAA vs Travelers
How Much Does Each Company Cost by State?
Homeowners insurance prices can vary by state. For instance, Travelers offers its cheapest average baseline premium in Ohio ($487 per year) and its highest rates in South Carolina ($8,742 per year). USAA's plans cost the least in West Virginia ($742 per year) and are the most expensive in South Carolina ($3,451 per year).
You can use MoneyGeek's table to determine how much homeowners insurance from USAA and Travelers costs in your state.
Average Premiums for USAA vs. Travelers
Which Company Has Better Customer Service?
Selecting a company with good customer service is as important as finding an affordable one. Keep in mind that receiving reliable and efficient service can make a significant difference when submitting and processing a claim.
According to our analysis, USAA outperformed Travelers in terms of overall service quality. Both were equally financially secure, while USAA's premiums were slightly lower.
USAA Vs. Travelers: Customer Service Scores
Optional Coverages Offered by USAA vs. Travelers
Liability, personal property and dwelling coverages are all included in typical homeowners insurance. If you want even more security, you can buy optional coverages like sewer backup coverage and identity theft coverage.
Travelers offers six add-ons to help you customize your policy, while USAA only offers two, making Travelers a better option if you want greater financial protection.
Sewer backup coverage
Identity theft coverage
Covers some of the
Extends your limits for
Scheduled personal property coverage
Covers the cost of
Building ordinance or law coverage
Covers the cost to
Contents replacement cost coverage
Covers the cost to
Other optional coverages
Travelers does not provide earthquake or house rental coverage, but USAA does. If you rent out your house, Home Sharing Coverage offers protection for you and your guests.
In contrast, Travelers offers coverage add-ons that USAA doesn't. These include sewer backup, identity theft, extended reimbursement, lawn coverage and more. These coverage options can reduce your out-of-pocket expenses if you need to upgrade or repair damages to your home.
Note that MoneyGeek gathered this information by looking through each company's website, and not all current coverage add-ons may be included online.
Discounts Offered by USAA vs. Travelers
Discounts can help you save money on homeowners insurance. Travelers wins in this category with five discounts compared to USAA’s three. However, both companies lack common discounts that many other companies offer, such as a home renovation discount and a new home discount.
Protective device discount
Discount for having
Insurance bundling discount
Discount for bundling
Discount for going
New home discount
Discount for homes that
Home renovation discount
Discount for homes that
Other advertised discounts
USAA lacks many key discounts that Travelers offers, such as an insurance bundling discount. If you buy several types of Travelers insurance, you can benefit from cost savings.
In addition to typical discounts, Travelers offers rare discounts that USAA doesn’t, such as a green home discount. You can save up to 5% on your policy if your home has energy-saving features and is LEED-certified.
MoneyGeek collected this data from the insurers' websites. Even though we make every effort to fully investigate the products each insurer offers, companies may provide savings that aren't mentioned online.
How Much Could Your Homeowners Insurance Premium Cost?
If you are still deciding between USAA vs. Travelers homeowners insurance, or would like to explore more options, MoneyGeek’s guide to the best homeowners insurance includes the most recent cost information.
Since so many factors can impact the cost of your premium, it’s a good idea to get a personalized estimate. You can use MoneyGeek’s homeowners insurance calculator to estimate the cost of your premium below.
Home Insurance Calculator
These are annual estimates. Get a personalized quote to determine your costs.
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