A traveler’s auto insurance coverage can cover just about any type of driver, from a new car owner to a ride-sharing driver. The policies may vary based on your needs, but many travelers find that the right coverage for their needs can make all the difference. Read on to find out what’s included in a typical policy, including discounts for young drivers and accident forgiveness. You might also want to know about the customer satisfaction rating, which varies widely across insurers.
Discounts for young drivers
Young drivers can save money on their insurance by attending a driver-training course. The Travelers driver-training program includes defensive driving techniques and typical responsible driving behavior. Interested drivers must complete the course and present a certificate of completion to the company to receive the appropriate discount. Older drivers may qualify for lower rates as well, depending on their driving record. A good driver will save approximately 8% on their insurance, but if they’re prone to making mistakes, they could end up paying more.
In addition, there are discounts for good students. Unlike many other discounts, these discounts are based on the personal profile of the young driver. For example, if the driver has an A average in school, he or she may qualify for a 25 percent discount on their insurance. Another great discount for good students is the military discount, which saves the driver an average of 10% on their insurance. These discounts can be quite significant.
Another discount that young drivers can receive is the distant student discount. Typically, distance from home is 100 miles. This discount may be combined with a good student discount. Young drivers can also qualify for low-mileage discounts, such as for those who drive fewer than 5,000 miles per year. Nationwide offers a pay-per-mile option, and their SmartMiles program changes the premium based on the number of miles driven.
Travelers car insurance also offers discounts for students. Those who earn a B average or higher and study 100 miles away from home may qualify for a 7 percent discount. Additionally, young drivers can receive an additional discount if they complete a driver education course. For example, young drivers who take the course successfully may save up to eight percent on their policy. This discount is especially beneficial for new drivers who may not have completed a driver education course before.
Another good payer discount for young drivers from Travelers is available for those who consistently pay their premiums on time. Depending on the age of the driver, a good student discount can save young drivers up to 15% on their travel car insurance premium. Another option is an early quote discount. The savings are dependent on how early the customer obtains a quote. A good student discount will save you money if you have an early quote.
Accident forgiveness
If you have ever been in an accident or had a traffic violation, you should consider a Travelers car insurance policy. Accident forgiveness is an option available to responsible drivers in the Premier Responsible Driver Plan, and it will help you avoid a premium hike if you have been in one accident or had a traffic violation within a specific time period. Accident forgiveness is also available for minor violations, so if you’ve committed one violation in the past two years, you won’t be charged more than the amount you’d have paid for a year.
While accident forgiveness is not always automatic, it is a nice benefit to consider if you have a history of accidents. It can help protect your rate if you’ve been at fault in an accident. Also, it won’t affect your driving record. Of course, if you’ve never been in an accident, there’s no financial benefit to purchasing accident forgiveness. However, if you’ve had an accident before, the peace of mind it provides may outweigh the cost.
Accident forgiveness is a popular feature of travelers car insurance plans. This benefit is available for drivers of all ages and driving habits. Travelers car insurance offers two plans: the Basic Responsible Driver Plan and the Premier Responsible Driver Plan. The Basic Responsible Driver Plan forgives one accident or minor traffic violation every 36 months, while the Premium Responsible Driver Plan adds a $50 credit for each six-month period without an accident or a major traffic violation.
The benefits of accident forgiveness can save you up to $200 or more each month. Not every accident is chargeable, however, and accident forgiveness is not mandatory for all travelers car insurance policies. However, you may wish to consider it if you have high-risk drivers in your family. You’ll have to pay higher premiums if you have a high-risk driving history. For instance, Hannah’s costs would increase by $144 to $468 a year if she were at fault. In total, her monthly premium would be $432 to $1404. That’s a $200 savings!
Many insurance companies offer accident forgiveness for existing policyholders. To qualify, you must have no more than one accident in the past five years. You can also request to have your accident forgiveness policy reset after a few years. But keep in mind that every insurer has different accident forgiveness policies. Be sure to check out the terms and conditions of each insurer’s accident forgiveness policy before purchasing a traveler’s policy.
Rideshare coverage
If you’re looking for travelers car insurance that covers ridesharing activities, you should look into the rideshare policy. Most standard policies do not cover ridesharing activities, and the coverage you already have on your vehicle may not cover rideshare business activity. This can leave you open to damage claims and even cancellation. Find out more about this policy type and what you should look for when deciding on an insurance plan. Listed below are some tips on how to find the right one.
The best way to find the right travel insurance coverage for ridesharing is to compare the costs and coverage options of various policies. Some companies offer rideshare coverage for an additional fee. While others charge 15% to 20% of your annual premium, this may not be enough for you. And while most companies offer rideshare coverage, not all of them are available in all states. While these rideshare insurance companies provide liability coverage, they often only pay out the policy limit if your rideshare services are involved in an accident.
Most major car insurance companies offer rideshare coverage. However, you can’t get it with every carrier. Despite its popularity, rideshare insurance is not available in every state. Some of the major cities and states don’t require rideshare coverage. To see if rideshare coverage is available in your area, search online and contact an insurance carrier. Many companies will list their policies on their websites and explain what they cover. The coverage can be as low as $6 a month and will protect you and your passengers.
Despite the differences between rideshare and personal insurance policies, both companies provide liability coverage for rideshare services. Uber and Lyft provide drivers with $1 million in liability coverage. The gap is sometimes more than enough for the ridesharing industry, but smaller companies and newer companies may not. To avoid these issues, drivers should explore the options of dedicated rideshare coverage on their car insurance policies. These policies will give them additional protection and account for any coverage gaps.
Customer satisfaction
Travelers has high scores for customer satisfaction, but overall they fall short of the national average. The company has a low NAIC complaint ratio of 0.40, but their local agents offer more personalized communication. Their rates are among the highest in the industry, but they’re not as low as some of their competitors. In addition, the company offers excellent discounts, though the number of them is limited compared to other major insurers.
In addition to a high customer satisfaction score, Travelers also boasts a high score in a third-party survey. AM Best, J.D. Power, and the National Association of Insurance Commissioners have all rated Travelers as highly-rated companies. Overall, the company’s customer satisfaction scores are 823 out of 1,000, slightly below the industry average. However, the company has an excellent A+ rating from the Better Business Bureau.
The two companies offer similar customer satisfaction scores, despite their differences in price. State Farm is slightly more expensive, but it has an excellent reputation and a higher customer satisfaction score. However, Travelers’ Accident Forgiveness option is less generous than State Farm’s. The company has a better reputation for providing excellent customer service, but it falls short of the high score for customer satisfaction. If you are a high-risk driver, the company might not be the best option for you.
Travelers auto insurance has good ratings from the BBB. AM Best has given the company an A+ rating, which means the company is financially sound and will cover any claims. The BBB has also given Travelers an A-grade. However, it is worth mentioning that their customer service scores are lower than average, largely relating to billing problems and misunderstandings about insurance coverage. This does not mean that the company is unreliable, but rather that it has a very low complaint rate.