Travelers liability insurance protects your business in the event of claims. This covers injuries and property damage caused by others on your land, accidents on the property of the business, and libel.
Travelers offers different types of general Liability policies for small companies, including sole proprietorships and partnerships. You can also purchase an umbrella policy that covers damages over the limits of your general liability insurance policy.
A coverage gap option is available to help you fill any gaps that may exist in your insurance policy. This is particularly useful if your assets are at risk from negligence claims, wrongful evictions, or theft.
The risk of being sued is greater if you are working in another country. Travelers offers a global business policy to cover you and any employees against claims or wrongdoings committed abroad.
The policy will also cover valuable items, such as equipment or products that are stolen or damaged while in transit. Other assets can be covered, including fine art and trade show displays.
It is a policy that protects professionals, like accountants or attorneys, against damages due to negligence or poor work. It is useful when a customer sues you for damages that were caused by an error.
The right coverage for your business can minimize the financial damage that you could incur if a claim were to arise, so it's important to find a policy that best fits your needs and budget.
Travelers provides specialty insurance to specific industries including healthcare and tech. MedFirst® coverage, for instance, is available to medical technology businesses. It can protect you against a number of risks, such as bodily injuries or property damages resulting directly from products and clinical trials, financial losses due omissions and negligence, or unauthorized use or access of protected health information.
A travelers insurance agent will be able to discuss your coverage options with you and provide quotes. They may also be able to provide you with information about additional policies such as cyber coverage.
Travelers is distributed through a large network of independent insurance agents. To get quotes, buy, or change policies, you will need to work with these agents. These agents will also be able to give you more information about the other insurance options available for your business.
You can also try an online service that generates quotes for multiple business insurers, such as Simply Business. This service is based out of the United Kingdom, and does not offer policies based in America.
The main drawback of working with a Travelers agent is that you have to deal with them directly to get quotes or make changes to your policies. It is inconvenient for those who prefer to submit claims online and manage their policies themselves.