Travelers Renters Insurance Review

#7 in Renters Insurance

 

Travellers provides renters insurance for property and liability coverage in 46 states.  The company’s flexible policies gives renters a variety of insurance options while high coverage limits give clients added security. Information is readily available and an online option for managing their plan makes checking for renter’s insurance convenient.

 

Company Profile

BBB Ratings

A+

States Served

46

Age of Company

150

AM Best Ratings

A+

 

Types of Structure Covered

Some landlord require tenants to at least have renters insurance before moving into the building. Whether you live in apartment, condominium, townhouses or in a single-family house, you could trust Travellers renters insurance to be their when you need it. 

Apartment

Yes

Condominium

Yes

Townhouse

Yes

Single-family House

Yes

 

Plan Details

Travelers has a 24-48 hours policy delivery time. They also offer automatic monthly withdrawal, automatic deposit and paper policy statement. It even allows customers to modify their plan’s coverage online.

Policy Delivery Time

24-48 hours

Automatic Monthly Withdrawal

Yes

Claims automatic deposit

Yes

Paper Policy Statement

Yes

Mobile Access

Yes

Sample Policy

https://www.travelers.com/business-insurance/management-professional-liability/private-non-profit/wrap-np/documents/WNP-2001%20NP%20Wrap%20Dec.pdf

 

Coverage & Protection

Travelers offers a mix of renter’s insurance plans coverage to renters. Personal and liability properties are covered as well as a lot of personal belongings.

 

Personal Injury

Yes

Property Damage

Yes

Theft

Yes

Fire or Lightning

Yes

Vandalism

Yes

Windstorm or Hail

Yes

Accidents in your home

Yes

Injury caused by pets

Yes

Impact by a Vehicle

No

Freezing or plumbing system

Yes

Business Personal Property

Yes

Computers

Yes

Firearms

No

Jewelry

Yes

Silverware & Goldware

Yes

 

Discounts

Travelers offer sprinklers, burglar, and fire alarm discount.  Multi-policy holders are also entitled to

additional discounts

 

 

Claim-free History

No

Multi-Policy Discount

Yes

Fire alarm discount

Yes

Sprinklers Discount

Yes

Burglar Alarm Discount

Yes

Other discounts

No

 

Help, Support & Usability

Renters can easily get instant quotes through their website. They also offer 24-hour telephone assistance, online claims, email, and frequently asked questions.  However, Travelers do not provide a coverage calculator to help the client estimate the value of their belongings.

 

Coverage Calculator

No

Online Quotes

Yes

Online Claims

Yes

24-hour Telephone claims

Yes

Telephone Support

Yes

Email

Yes

Live chat

No

FAQs

Yes

 

Renters Insurance at Travelers

Travelers has a long history of providing insurance tools and products to people in the US. They offer decent coverage for a good mix of personal and property liability items.  Traverlers also provide solid claims management features, as round the clock claim reporting. However, it still lacks some of the discount items offered by the other companies reviewed.

Start your review for Travelers Renters Insurance