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Why is Travelers home insurance so cheap?
I was talking to a friend last night about home insurance, and I couldn’t believe how much less he pays for his policy, compared to mine. He has Travelers. Why is his Travelers home insurance policy so cheap?
Rachel Rigolino · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Travelers
has a good reputation for offering low cost car insurance
, but they also offer home insurance policies for affordable rates, especially if you take advantage of Travelers’ many discounts.Travelers offers policy discounts such as these:
- If you bought your house within the past 12 months and are applying for a new policy with Travelers, you’ll receive a discount.
- When you install protective devices such as home security systems and water sensors, your rate will be discounted.
- Having your home certified as a “green home” by the Leadership Energy and Environment Design (LEED) group will snag you a lower rate.
- If you haven’t filed a claim recently (or at all), Travelers will give you a discount.
If you’re shopping for home or renters insurance,
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- Gregory R.
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