Travelers Insurance has been around for more than 165 years and sold its first policy for just two cents. Today, Travelers is the sixth-largest home insurance company in the United States.
Home insurance policies from Travelers have all of the standard coverage types that you would expect:
- Dwelling coverage pays to repair or replace damage to your home and attached structures, like a back porch or garage.
- Other structures coverage pays to repair or replace detached structures on your property, like a shed, gazebo or fence.
- Personal property coverage pays for personal belongings that get damaged or stolen, such as your furniture, rugs, clothes and appliances.
- Liability insurance pays for property damage and injuries to others, such as a guest who gets hurt on your property. It also pays for a legal defense in case you are sued because of an accident.
- Loss of use (also known as additional living expenses) pays for costs such as hotel bills, meals and services (like pet boarding) if you cannot live in your home due to a problem covered by your policy, like a tornado.
- Medical payments coverage pays the medical bills of people who blame you for accidental injuries, without regard to fault. Coverage is typically in small amounts, often up to only $5,000.
Several add-ons are available from Travelers such as:
- Contents replacement cost pays for the replacement cost of your belongings and does not factor in depreciation.
- Extended replacement cost options that pay more than your policy’s dwelling coverage amount if rebuilding costs exceed the policy limit.
- Green home coverage pays to repair, replace or rebuild your home with green materials if your home is damaged or destroyed due to a problem covered by your policy.
- Identity fraud coverage pays up to $25,000 for expenses to restore your identity.
- Jewelry and valuable items coverage offers higher limits and extra protection for valuables such as jewelry.
- Personal articles floater offers higher amounts of coverage for specific, high-priced items.
- Special personal property coverage offers broader protection for your personal items than a standard home insurance policy.
- Water backup and sump pump discharge or overflow pays for damages from water backups and overflowing sump pumps.
An umbrella insurance policy can be added to Travelers homeowners insurance, giving you additional liability protection beyond the limits of your homeowners and auto policies.
Related coverage from Travelers includes condo, renters and landlord insurance. Forbes Advisor’s list of best home insurance companies can help you compare policies if you aren’t seeing the coverage that fits your needs.
Related: Cheapest Homeowners Insurance Of 2024
