Travelers professional liability can provide protection for your business against claims due to a wide range of unforeseeable circumstances. It covers accidents that happen on your property as well as injuries or damages to other people's property.
Travelers offers a wide range of general liability coverages for small businesses. These include policies designed for sole proprietorships as well as partnerships and 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. This is especially helpful if you have assets you want to safeguard from claims for negligence, wrongful expulsions or theft.
You are more likely to be sued if you work abroad. Travelers provides global business insurance so that you and your employees can cover the risks of claims or wrongful acts in foreign countries.
It can cover the valuable products, equipment, and other items of your business if they get damaged or stolen in transit. It can also be used to cover trade show booths, fine art or other assets.
Insurance policies such as professional liability help protect professionals from the damages that can result from negligent work. This is very useful in cases where a client has sued your company for damages resulting from an error you made while delivering 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 insurance is sold through an independent agent network, so you'll need to deal with them directly to obtain quotes, purchase or modify your policy. 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.
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.