USAA vs. Travelers: Home Insurance Comparison

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.