Is Travelers Insurance Separate from Geico?

No, Travelers Insurance is not owned by Geico, although the two companies do have some business dealings. Geico owns a subsidiary called Geico Insurance Agency, which sells policies from a variety of companies, including Travelers. The 10 largest insurance companies in the United States issue 75% of all auto insurance policies, with State Farm having the largest market share at 16%. Geico is one of the most affordable car insurance companies, offering national availability and a straightforward shopping experience. However, it does not offer home insurance policies. Consumers should feel comfortable buying from lesser-known car insurers because they are regulated by the state Department of Insurance. Travelers Insurance was founded in 1864 and is now one of the largest property and casualty insurance companies in the United States. It issued its first car insurance policy in 1897, before the Ford Model T was invented. Generally speaking, Travelers car insurance prices are slightly cheaper than average compared to those of its competitors. Moderate complaint ratings and a variety of discounts make Travelers a good choice for car insurance coverage. Auto insurance rates for Travelers are more expensive in New York, Massachusetts and Florida, while the most affordable rates are found in Virginia, Maine and Idaho. The 10 largest auto insurers in the United States are State Farm, Progressive, Geico, Allstate, USAA, Liberty Mutual, Farmers Insurance, Travelers, Nationwide and American Family Insurance.