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Travelers Home Insurance Review: What Can You Expect?

By Edited Apr 23, 2015 0 0

Founded more than 100 years ago, the Travelers insurance company was established on the first of April in 1864 by James G. Batterson during the Civil War. At that time, it was the first U.S. insurance company to provide accident protection. Today, it is the second largest company in the U.S. selling personal insurance products.

An A+ Insurance Company

An A+ rated insurance company, Travelers is listed as number 89 in the Fortune 500. Notably making its mark in the insurance industry, the company not only provides home insurance but also offers insurance coverage for autos, renters, boats and yachts, flooding, weddings and special events, and identity fraud. In addition, the insurance company also takes care of the insurance needs of small and large businesses.

Most people who finance a home are required to buy homeowner’s insurance. However, you should buy the protection whether or not you are paying a mortgage. A home is a major investment. Therefore, it needs to be covered by a dependable insurance company. Travelers home insurance provides broad coverage, protecting you against any loss or damages to your home, other structures on your property, and your personal belongings.

Coverage Provided for Loss of Use

In addition, Travelers offer protection against third-party liability – covering you for property damages or injuries sustained by someone visiting your home. The insurer provides loss of use insurance as well, covering your living costs if you have to rebuild your home as the result of a storm, fire, earthquake, or flooding.

Replacement Cost Protection

Also, when you choose a home insurance policy, you can add riders or additional coverage to customize your policy, such as replacement cost protection. Replacement cost insurance is preferred over actual value coverage as it will replace any items that are lost or damaged for their retail value. Actual value coverage only covers items for their current worth, or what they initially cost minus depreciation. So, to obtain the best coverage for your money, it’s better to go with a Travelers home insurance policy that offers replacement cost insurance.

Obtain a Discount for Security Upgrades

In addition, you can enjoy savings on your home insurance policy by obtaining discounts for home safety installations, such as alarms, smoke and carbon monoxide detectors, fire extinguishers, and high-grade security locks.

Multi Policy Discounts

Travelers home insurance offers multi-policy discounts up to 15% too when you combine coverages, such as auto insurance, boat and yacht insurance, and umbrella insurance with your Travelers home insurance plan.

Filing Travelers Home Insurance Claims

If you need to file a claim, Travelers home insurance claims are handled 24/7 every day of the year. Report a claim online or call the customer service claim number at 1-800-252-4633. This phone contact can be called if you are filing a claim for your auto or home, or you need to submit a claim for flooding.

Other Important Travelers Numbers

Travelers Home Insurance makes it easy for you to contact them via the phone as well as on the Internet. If you are obtaining a quote for home insurance, then you can call the insurance company at 1-888-695-4625. Or, if you have any questions about your bill, then give them a call at 1-800-842-5075.

Responding to Claims

When it comes to responding to claims, customers have commented that insurance claims were handled promptly and efficiently although you will also hear the occasional complaint with regards to claims handling too. A recent survey showed that Travelers customers were either exceptionally satisfied or not-too-satisfied with the service they received.

While most customers with Travelers home insurance said they’d renew their policy, a fairly large number of customers did not plan to renew their plan. So, it seems service is dependent on the reputation and follow-up of the agents in your particular area.

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