Pie Insurance vs Travelers: How Do They Compare for Workers’ Compensation Insurance?

Both are insurers. Pie Insurance quotes online from payroll and class codes; Travelers sells through local agents, serves large multi-state employers too, and reports return-to-work outcomes.

Pie advertises a roughly three-minute online quote; Travelers underwrites directly but directs buyers to a local agent for pricing. ^1,³

What Are the Key Differences Between Pie Insurance and Travelers Workers’ Compensation Insurance?

Two Direct Underwriters

Pie underwrites this line itself through its own carrier group, with an AM Best rating independently affirmed for that entity. ² Travelers also underwrites directly, pairing the policy with its own risk control and claims services rather than naming a rated entity on the reviewed page. ³

Choose Pie if you want to start an online quote in minutes; choose Travelers if you want to work with a local agent and discuss payroll and work type. ¹

Self-Serve Quote vs. Agent-Led Pricing

Pie describes a fully self-serve process:

Pie says getting a quote online requires the applicant's name, business name, annual payroll amount, and class-code information, with a tool available to help identify the correct class code, and advertises a roughly three-minute online quote and up to 30% savings. ¹Company-reported. Workers' Comp product page as read on 2026-09-23; quote time and savings figures are company marketing claims, not independently verified, and individual results vary.

Travelers instead directs buyers to a local agent, and separately notes that pricing depends on business location, type of work, total payroll and claims history rather than a fixed online rate. ³

Reported Outcomes vs. Administrative Services

Travelers reports specific return-to-work and opioid-reduction outcomes tied to its own claim and risk-control programs. ³ Pie's services are administrative instead — issuing a certificate of insurance and running a post-term premium audit — rather than reporting outcome statistics. ¹

What Should You Confirm in Pie Insurance and Travelers Workers’ Compensation Insurance Quotes?

Verify Pie's advertised savings of up to 30% against your own prior premium rather than a general marketing figure. ¹
Ask Travelers to confirm its reported return-to-work and opioid-reduction outcomes apply to a business your size. ³
Confirm whether your state is monopolistic, since Travelers cannot sell there and Pie's page does not address it. ³
Ask Pie whether your payroll and class code were verified against the illustrative online quote. ¹

Pie Insurance vs Travelers Workers’ Compensation Insurance Compared

Pie Insurance vs Travelers: Workers’ Compensation Insurance: documented features by provider

Criteria	Pie Workers' Comp Insurance	Travelers Workers Compensation Insurance
Who It’s For	Pie says workers' compensation is legally required in nearly all states for businesses with few exceptions, and markets its program to small businesses. ¹Company-reported. Workers' Comp product page as read on 2026-09-23.	Travelers says nearly every state requires most businesses to carry workers compensation insurance, but that in monopolistic states employers must buy coverage from a state-run fund, or may self-insure using a third-party administrator, so Travelers workers compensation is not purchasable there through Travelers itself. ³Company-reported. Workers-compensation FAQ answer, 'Who needs workers compensation insurance?'; the page does not list which states are monopolistic. Travelers markets workers compensation to both large, multi-state employers and small businesses, and says it maintains state-specific requirement information because coverage terms and required forms vary by jurisdiction. ³Company-reported. Large-business and small-business sections and the 'Workers compensation laws vary by state' section.
How to Apply	Pie says getting a quote online requires the applicant's name, business name, annual payroll amount, and class-code information, with a tool available to help identify the correct class code, and advertises a roughly three-minute online quote and up to 30% savings. ¹Company-reported. Workers' Comp product page as read on 2026-09-23; quote time and savings figures are company marketing claims, not independently verified, and individual results vary.	Travelers directs buyers to contact a local Travelers agent to find a workers compensation policy, and separately notes pricing depends on business location, type of work, total payroll and claims history rather than a fixed rate. ³Company-reported. Workers-compensation FAQ answers 'How can I buy workers compensation insurance?' and 'What determines the cost of a workers compensation policy?'
Coverage Features	Pie describes workers' compensation as a state-mandated program providing medical, disability (typically two-thirds wage replacement), and death benefits for employees injured or killed on the job, while excluding injuries suffered off the job, self-inflicted injuries, policy violations, and injuries from committing a crime. ¹Company-reported. Workers' Comp product page as read on 2026-09-23; actual covered/excluded scenarios depend on the issued policy and state law.	Travelers says the policy covers employees' medical expenses and lost wages for job-related injuries and diseases, includes employers liability coverage for related lawsuits not covered by workers-comp law, and that employers in monopolistic states may add employers liability separately as stop-gap coverage. ³Company-reported. Product overview and 'What does workers comp cover?' FAQ; full inclusions and exclusions depend on the policy as issued and the applicable state.
Role in This Line	Pie underwrites workers' compensation itself through its own carrier group, rather than only brokering the line to outside insurers as it does for several of its other small-business products. ¹Company-reported. Workers' Comp product page as read on 2026-09-23; restates the provider record's verified insurer-route fact.	Travelers underwrites workers compensation insurance directly as a standalone line, separate from a business owner's policy, and says it also provides risk control and claim services alongside the policy rather than selling coverage alone. ³Company-reported. Workers-compensation product page, as read on 2026-09-23.
Issuing Insurer	AM Best's disclosure report says Pie completed acquiring Pie Casualty Insurance Company in September 2021 and The Pie Insurance Company (formerly The American Insurance Company) in January 2023, and that beginning January 1, 2024, Pie writes 100% of its workers' compensation business through these two entities, part of the pooled Rating Unit 018981 Pie Insurance Group. AM Best affirmed Pie Casualty Insurance Company's Financial Strength Rating at A- (Excellent) and Long-Term Issuer Credit Rating at a- (Excellent), both with a stable outlook, effective April 24, 2026. ²Verified. AM Best rating disclosure report (AMB #012272, NAIC #10997) for Pie Casualty Insurance Company; a rating is an opinion of insurer financial strength, not a guarantee a claim will be paid, and reflects the pooled group rather than a standalone assessment of either entity.	A video transcript on the workers-compensation page is copyrighted to The Travelers Indemnity Company, which is consistent with that entity issuing workers compensation policies, though the page does not state that every workers-comp policy is issued by that entity rather than an affiliate. ³Company-reported. Video transcript credit on the workers-compensation page; not a policy-level disclosure of the issuing entity for a specific quote.
Risk Services	Pie says it can issue a Certificate of Insurance to show proof of workers' comp coverage, which it notes some industries, such as construction, require before work can begin, and that it performs a post-term premium audit comparing estimated to actual payroll. ¹Company-reported. Workers' Comp product page FAQ as read on 2026-09-23.	Travelers reports internal outcome and cost-containment statistics for its workers-comp claim and risk-control programs, including 70% of injured employees returning to work within 30 days, a 40% decline in opioid use it attributes to its Early Severity Predictor tool, and access to a network of 2.3 million medical providers. ³Company-reported. Workers-compensation page statistics, sourced to Travelers internal data; these are company-reported outcomes, not independently verified.