Your business can be protected from claims caused by a number of unexpected events with Travelers professional insurance. This covers injuries and property damage caused by others on your land, accidents on the property of the business, and libel.
Travelers offers various types of general insurance coverage for small businesses. This includes sole proprietorships, partnerships, and corporations. You can also buy an umbrella policy which covers damages in excess of the general liability limits.
Also, you can buy a coverage-gap option to fill in any holes in your current policy. This is especially helpful if you have assets you want to safeguard from claims for negligence, wrongful expulsions or theft.
When you work abroad, your risk of exposure to damaging lawsuits increases. Travelers provides global business insurance so that you and your employees can cover the risks of claims or wrongful acts in foreign countries.
This policy can also cover your company's valuable products, equipment and other items if they are damaged or stolen while traveling in transit. This policy can cover other assets such as fine art or trade show exhibits.
Professional liability insurance protects professionals such as attorneys and accountants from damage resulting from negligence or insufficient work. This is particularly helpful if a client sues your business for damages caused by an error in delivering your services.
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(r), for example, is a coverage offered by Travelers to medical technology companies. This can cover your company against a variety of risks including bodily injury or property damage resulting from clinical trials or products, economic loss due errors, omissions, or negligence, and unauthorized access or usage of protected health data.
An agent for travelers insurance will be able discuss with you your coverage options and give you quotes. You may also receive information on additional policies, such as cyber insurance.
Travelers is sold through a network of independent agents, which means that you'll have to work with them to get quotes, buy or change your policies. These agents will also be able to give you more information about the other insurance options available for your business.
Simply Business, for example, is an online tool that can generate quotes from multiple insurers. This service is based out of the United Kingdom, and does not offer policies based in America.
Working with a Travelers representative has its drawbacks. You have to contact them directly to obtain quotes or to make policy changes. It can be inconvenient to work with a Travelers agent if you want to manage your policy or file claims online.