Progressive vs. Travelers Homeowners Insurance for 2025 (See Who Wins)

Uncover the benefits of Progressive vs. Travelers Homeowners Insurance, starting from $37/month.

Discover key differences in coverage, pricing, and customer service to make an informed decision for both companies.

We’ll highlight benefits and potential drawbacks and provide tips for how to get cheap home insurance. This article ensures you find the best policy tailored to your needs and budget.

Progressive vs. Travelers Homeowners Insurance Rating

Find the cheapest home insurance today by entering your ZIP code into our free comparison tool.

Understanding Homeowners Insurance

Homeowners insurance is an important investment that will ease a homeowner’s financial burden in the occurrence of a loss. Damage or loss from perils such as fire, theft or natural disasters are covered, as well as helping with temporary living expenses if your home becomes uninhabitable.

It’s required by many mortgage lenders to cover their investment, and thus, an essential safeguard for your home, and it is expensive to repay the lender for everything they’ve put into your property. mobile home insurance offers similar protection for manufactured or mobile homes.

Overview of Progressive vs. Travelers Homeowners Insurance

Progressive and Travelers are two well-established insurance companies offering comprehensive homeowners insurance to protect your home and belongings. Progressive provides a range of coverage options, including protection against fire, theft, and vandalism, as well as customizable policies for personal property, liability, and additional living expenses.

Known for their excellent customer service and efficient claims handling, Progressive is committed to making the insurance process smooth for their customers.

On the flip side, Travelers has a well-established track record throughout the years of providing dependable coverage, protecting homes from natural disasters such as hurricanes and earthquakes, as well as personal property replacement cost protection and identity theft protection.

Comparing Progressive vs. Travelers Home Insurance

Now that we have examined both Progressive and Travelers homeowners insurance individually, let’s compare the two companies to help you determine which one is the best fit for your needs.

Progressive vs. Travelers Full Coverage Rates & Discounts

Price shouldn’t be the only thing you consider but it’s definitely something you’ll want to consider. Homeowners insurance cost varies based on a number of factors, including the size and location of a home, a homeowner’s credit score and the coverage options that are selected.

Progressive vs. Travelers Full Coverage Homeowners Insurance Monthly Rates by Age & Gender

To get the best price, it’s advised to ask for quotes from both Progressive and Travelers and see which comes out on top when comparing coverage amounts and deductibles. Also, take note of discounts that each company runs.

Progressive will discount your homeowners and auto insurance if you bundle your policies, have a home security system, and are claims-free for a set period. Travelers also offer discounts for bundling policies, having protective devices in your home, and being a new homebuyer.

Travelers Insurance vs. Progressive Homeowners Coverage

When comparing coverage options, both Progressive and Travelers offer robust protection for homeowners. You may be wondering “is Progressive homeowners insurance good?” Well, Progressive covers typical risks like fire and theft, along with additional options like water backup and personal injury coverage. Does Progressive homeowners insurance cover water damage? Yes, they offer water damage coverage, though it may depend on the cause of the damage.

Meanwhile, travelers (who stand out with coverage for natural disasters like hurricanes or tornadoes, identity theft protection, and replacement costs for personal belongings) offer a litmus test for other policy forms that do not include these things. Apart from that, they also provide coverage for liability insurance and other structures (like detached garages) — which makes them good all-rounders as far as homeowner insurance is concerned.

Progressive vs. Travelers Insurance: Business Ratings & Customer Service Comparison

Customer service is a crucial aspect to consider when choosing a homeowners insurance provider. Both Progressive and Travelers have a reputation for providing excellent customer service, ensuring that you receive the support you need throughout the insurance process.

But how do they stack up in terms of customer satisfaction and financial strength? Let’s take a closer look at how these two companies compare based on independent ratings and consumer feedback.

Insurance Business Ratings & Consumer Reviews: Progressive vs. Travelers

Both Progressive and Travelers have earned strong ratings for business practices and financial stability, with A+ and A++ ratings, respectively, from A.M. Best ratings.

While Progressive’s customer satisfaction scores from J.D. Power and consumer reports are slightly lower than Travelers’, both companies are known for their solid coverage options. Ultimately, the choice between the two may depend on individual preferences for customer service, pricing, and specific coverage needs.

However, it may be helpful to read customer reviews and consider factors such as accessibility, responsiveness, and claims satisfaction to determine which company best meets your expectations. Below you will find a real customer review from Reddit about Progressive:

Home buyer beware – Progressive home owners insurance
byu/Independent-Choice-4 inCharlotte

Overall, this customer has a positive experience with Progressive’s coverage for the roof, but it also notes that the premium is significantly higher than initially expected, suggesting a trade-off between coverage and cost.

Choosing between the two, you need to take into account coverage, price and customer service. With such careful consideration of these factors, you can make a well-informed choice about which homeowners insurance policy will best protect your home and give you peace of mind.

Progressive Advantage Agency Inc Pros & Cons

Pros

• Flexible Coverage Options: As mentioned in the Progressive homeowners insurance review, the company offers customizable coverage options, allowing homeowners to tailor their policies to specific needs.
• Competitive Pricing: Known for competitive pricing, Progressive provides affordable rates, making it an attractive option for budget-conscious homeowners.
• Exceptional Customer Service: Progressive’s customer service is available 24/7, efficient, and very helpful when seeking to learn more about policies and filing claims.

Cons

• Limited Additional Coverage: Standard coverage is available from Progressive, but a few of the extra options may be a little more limited than with other providers.
• Discount Limitations: Progressive’s discounts are restricted, and not all policyholders may be eligible.

The Travelers Companies, Inc Pros & Cons

Pros

• Comprehensive Coverage: As mentioned in Travelers insurance review & ratings, it covers everything from natural disasters to identity theft to replacement of personal property.
• Flexible Policy Options: To meet the wide range of needs of its homeowner customers, Travelers offers a number of different coverage choices.
• Top-notch Customer Service: Travelers is known for scoring high in customer satisfaction and has great support along with fast claims handling.

Cons

• Higher Prices: Travelers’ premiums might be a bit more expensive than some other options, which could make it less affordable for some homeowners.
• Complexity of Options: For homeowners seeking a basic insurance solution homeowners will be overwhelmed by the array of coverage options and endorsements available.

Travelers vs. Progressive: Market Share, Strengths and Weaknesses

When you look at Travelers vs. Progressive home insurance, you need to see what each does well and where they might fall short. It helps to know their market share, too. This knowledge gives you a clearer view of where Progressive and Travelers stand among other companies, guiding you to make a wise choice.

Progressive is great for customizable coverage and discounts when you bundle different types of insurance, making it a good option if you want a policy that fits your specific situation. However, it has lower ratings for customer service. In contrast, Travelers is known for offering thorough coverage and being financially stable, which means you can count on them when you need to make a claim, but their policies can be more expensive.

Not having homeowners insurance can turn a small incident into a financial nightmare. Make sure your home is protected by entering your ZIP code into our home insurance comparison tool today.