Travelers professional liability can provide protection for your business against claims due to a wide range of unforeseeable circumstances. This covers injuries and property damage caused by others on your land, accidents on the property of the business, and libel.
Travelers offers several types of general liability policies for small businesses, including those that are sole proprietorships, partnerships or corporations. You can also purchase an umbrella policy that covers damages over the limits of your general liability insurance policy.
You can also buy a coverage gap option that helps you fill in any gaps in your policy. It is useful for protecting assets from theft, claims of negligence or wrongful evictions.
When you work abroad, your risk of exposure to damaging lawsuits increases. That's why Travelers offers global business insurance to help you and your employees cover the risk of wrongful acts committed or claims made in other countries.
The policy will also cover valuable items, such as equipment or products that are stolen or damaged while in transit. It can also cover a variety of other assets, such as trade show exhibits or fine art.
Insurance policies such as professional liability help protect professionals from the damages that can result from negligent work. This is particularly helpful if a client sues your business for damages caused by an error in delivering your services.
It's crucial to choose a business insurance policy that fits your budget and needs.
Travelers sells special insurance policies for industries like healthcare and technology. MedFirst(r), a special insurance for medical technology firms, can provide protection against a wide range of risks. These include property damage, bodily harm, and economic losses due to mistakes, omissions, negligence, as well as unauthorized access to or use of protected information.
A travelers insurance agent will be able to discuss your coverage options with you and provide quotes. You can also get information about other policies like cyber coverage.
Travelers policies are sold by a network independent agents. This means you will have to contact them for quotes, to buy or to change your policy. These agents can also provide you with information about other business insurance options.
Simply Business is a service that allows you to generate quotes for several business insurance providers. This service, however, is based in United Kingdom and does offer U.S. based policies.
Working with a Travelers representative has its drawbacks. You have to contact them directly to obtain quotes or to make policy changes. It is inconvenient for those who prefer to submit claims online and manage their policies themselves.