Your business can be protected from claims caused by a number of unexpected events with Travelers professional insurance. This includes accidents that occur on your property, injury to others or damage to their property, as well as libel and slander.
Travelers provides a variety of general liability insurance policies for small business, whether they are sole proprietorships or partnerships, corporations, or other types. An umbrella policy can cover damage that is above the limit of your general insurance policy.
Also, you can buy a coverage-gap option to fill in any holes in your current policy. This is especially useful if you have assets that you want to protect from claims of negligence, wrongful evictions or theft.
You are more likely to be sued if you work abroad. 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.
This policy can also cover your company's valuable products, equipment and other items if they are damaged or stolen while traveling in transit. Other assets can be covered, including fine art and trade show displays.
Profession liability is an insurance policy that helps protect professionals, such as accountants and attorneys, from damages resulting from negligent or inadequate work. It is useful when a customer sues you for damages that were caused by an error.
Finding the right policy for your business is important. You want to make sure that it fits both your needs and your budget.
In addition to standard business owner policies, Travelers also sells specialty insurance for specific industries, such as healthcare and technology. 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. They may also be able to provide you with information about additional policies such as cyber coverage.
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 can provide information on other options for business insurance.
Simply Business, a website that offers multiple quotes from business insurers is another option. However, the service is based on the United Kingdom. It does not offer U.S. policies.
Travelers agents are not the best choice if you prefer to manage your policy yourself or file claims online. This can be inconvenient if you prefer to file your claims online or manage your policies on your own.