Exploring the Benefits of Commercial Insurance

Posted on April 11, 2023May 5, 2023 by admin

When protecting your business, there’s no substitute for having solid insurance coverage in place. Commercial insurance from Travers Insurance for residents of the Webster Groves, MO area is designed to provide businesses with the protection they need from a wide range of potential risks.

Here are just a few of the benefits that come with having commercial insurance:

Protecting Your Business Assets

Commercial insurance helps business owners protect their assets from unforeseeable circumstances. It can protect physical assets like equipment and inventory and intangible digital assets such as software and customer data. Commercial insurance policies typically cover losses due to fire, theft, natural disasters, and other unexpected events. Having a comprehensive policy in place provides peace of mind knowing that your business’s physical and digital assets are secure.

Ensuring Business Continuity

Commercial insurance helps business owners protect their revenue and income. Policies can cover the cost of repairs and replacement materials, allowing businesses to keep operating while they’re recovering from an unexpected event. It can also provide financial support for lost wages or salaries if employees cannot work due to an insured incident. This helps ensure that a business is able to remain open after a disaster and continues providing services uninterrupted.

Managing Liability

Businesses face potential liabilities from lawsuits, property damage, employee injuries, product defects, etc. Commercial insurance covers these risks and protects your business from potentially devastating costs associated with legal proceedings and liability claims. Additionally, it can help cover medical expenses if an employee gets injured while working.

Peace of Mind

Commercial insurance gives business owners and their employees the peace of mind that comes with knowing they’re protected from unexpected losses. Knowing you won’t be personally liable for losses due to an insured event can help provide security and stability for your business, allowing you to focus on what matters—growing your business!

Reach Out To Us

At Travers Insurance, we understand the importance of having the proper protection in place for your Webster Groves, MO business. We consider all aspects of your business when designing a custom policy so that you’ll have complete coverage should an unforeseen incident occur. Contact us today to learn more about how commercial insurance can benefit your business!

How Renters Insurance Keeps You Protected

Posted on March 20, 2023April 4, 2023 by admin

Travers Insurance offers renters insurance to provide Webster Groves, MO tenants with peace of mind and financial protection. Learn more about how renters insurance keeps you protected and why renters need to have this type of coverage.

Why Do Renters Need Insurance?

Many renters believe that their landlord’s insurance policy will protect them in case of a loss or damage to their belongings. However, this is not always the case. For example, landlord insurance typically covers the structure of the building and any liability associated with it, but it doesn’t protect the renters’ personal belongings.

Renters insurance is designed to protect tenants’ personal property and offer liability coverage in the event of a lawsuit. Without renters insurance, tenants would be responsible for replacing their damaged or stolen belongings out of pocket, which can get rather expensive.

What Does Renters Insurance Cover?

Renters insurance covers a wide range of situations, including:

Personal property damage or loss: This coverage protects your belongings from damage or loss due to theft, fire, water damage, and other covered events.
Liability coverage: If someone is injured on your property and you’re found liable, renters insurance can help cover legal fees and medical expenses.
Additional living expenses: If your rental property is uninhabitable due to a covered event, your renters insurance can help pay for temporary living expenses.
Medical payments to others: If someone is injured on your rental property and requires medical attention, renters insurance can help cover the costs.

How Does Renters Insurance Work?

Renters insurance works similarly to other types of insurance. You pay a monthly or annual premium, and in exchange, the insurance company agrees to cover losses or damages up to a certain amount. The amount of coverage you need will depend on the value of your belongings and your personal financial situation.

Call Our Office for More Information

As a renter, you need to protect yourself and your personal belongings with renters insurance. Travers Insurance in Webster Groves, MO will help you find the right coverage to fit your needs and budget. Contact us today to get started and ensure you’re covered in case of an unexpected event.

Renovating Your RV: Is DIY-ing a Smart Idea?

Posted on February 21, 2023March 1, 2023 by admin

If you’ve purchased a used RV, it can be exciting to think about all the ways you can transform your vehicle into the perfect on the road home for you and your family. While do-it-yourself renovations can be fun and cost-effective, they can also take a rough turn if you’re not sure what you’re doing. Travers Insurance takes a look at what you need to consider to decide whether it makes sense to do your own renovations on your RV.

Renovating Your RV

Cosmetic vs. Functional

If you’re debating whether to make a cosmetic renovation to your RV, go for it! Online videos and guides can help you get the look that you want, and cosmetic renovations won’t affect the safety or functioning of your RV. If you’re thinking about making functional renovations, you may need to call in a pro, unless you’ve got the technical know-how to safely make functional changes to your RV.

Equipment: Do You Have What it Takes?

If you have the tools you need to complete renovations on your RV, it may make sense to move forward on your own. If the cost of the tools you’ll need would set you back more than hiring a pro, it’s time to seriously consider whether it’s cost-effective to purchase tools and move forward on your own–or simply hire a pro who can get the job done fast.

Searching for the Right RV Insurance for your Vehicle in Webster Groves, MO?

At Travers Insurance, we’re proud to serve our Webster Groves, MO clients, and we’re excited to get to know you and chat about your insurance needs. Reach out to us or stop by today to learn more about how we can craft the perfect RV insurance policy for you.

Does Motorcycle Insurance Include Hospitalization?

Posted on January 20, 2023January 30, 2023 by admin

If you own a motorcycle, it’s essential to have motorcycle insurance coverage. Motorcycle insurance offers a different kind of protection than auto insurance. If you’re interested in securing top-quality motorcycle insurance, you can trust the experts at Travers Insurance, proudly serving the residents in and around the Webster Groves, MO area.

Motorcycle Insurance Protection

Because motorcycle insurance differs from auto insurance, it’s essential to understand what is and isn’t covered. For example, hospitalization insurance is not included if you secure motorcycle insurance protection.

If you need to purchase motorcycle insurance and want to understand better the terms and conditions and what is covered, our insurance agents can help. We work closely with each individual to ensure they know the ins and outs of the policy they choose. Additionally, we help submit documentation for coverage, assist with any changes during the policy’s lifetime, and assist with any claims. We provide superior customer support before, during, and after the insurance purchase.

Before choosing a motorcycle insurance policy, you should sit down with one of our team members to determine your current needs and receive professional assistance with policy recommendations and terms and conditions details.

Reach Out Today

If you’re in the market for reliable motorcycle insurance coverage, the experts at Travers insurance can assist you. We are proud to serve the residents in and around the Webster Groves, MO area. Call or stop by our office today to speak to one of our helpful insurance agents. You can also schedule a consultation to shop for insurance policies and ask any questions. Don’t wait to get the insurance protection you need for your motorcycle. We are standing by, ready to provide you with the help you need.

What Perils are Often Included in Condo Insurance?

Posted on December 19, 2022December 19, 2022 by admin

Condo insurance is similar to homeowners, with one key difference. There will be a master condo insurance policy that the association purchases and the individual policy that you will obtain are separate.

Condo Insurance: What You Need To Know

The areas that the master insurance covers will vary according to the selected terms, and it’s important to inquire about this before supplementing this coverage. Typically, it will extend to the roof, exterior walls, and all common areas so that you are responsible for the protection of your own unit. Your Travers Insurance agent can go over the particulars of your policy to let you know exactly what would be included.

In the greater Webster Groves, MO community, the master coverage is required by law and will usually come out of your condo association dues. In contrast, your own indemnification is not a legal mandate. Your lender will usually compel you to have this protection, however.

Covered perils are generally extended to events related to the weather, such as wind storms, lightning strikes, power surges, and damage caused by snow.

You can experience water damage due to heavy rains when the roof leaks or your condominium could experience a fire that razes it to the ground. Your property can be in need of repairs or replacement due to smoke exposure or saturation by a sprinkler system.

In addition, your personal belongings, such as electronics, clothing, and jewelry should typically also be protected. Theft can sometimes be an issue, as can vandalism, and people hurting themselves on your premises should all fall under the purview of your coverage.

Travers Insurance Wants to Help

We specialize in providing Webster Groves, MO residents with the various insurance coverage they need, including condo indemnification. We invite you to contact us to discuss your specific situation, and you can call us by phone, reach us online, or stop in at our office.

Life Insurance Protects Your Family’s Future

Posted on November 30, 2022November 30, 2022 by admin

In the event of your passing, does your family have enough money to protect them for years or decades? Don’t leave them without the security a life insurance policy could provide. Travers Insurance, which provides insurance services in the Webster Groves, MO area, can answer any questions you may have about life insurance.

What is life insurance?

It is a contract between the policyholder and the insurance company, in which they agree to pay the designated beneficiaries a sum of money at the death of the policyholder. Depending on the contract, other things such as severe illness can also force payment of the policy. The policyholder pays a monthly premium, either in one lump sum or monthly. Final expenses can be paid with this benefit.

The individuals who need the greatest amount of life insurance would be those with a very high income to replace their income in the event of their death.

The benefit could be used for childcare for younger children, so the surviving spouse can continue to work, go back to work, or increase their number of working hours. Home cleaning and maintenance duties that were shared between the two of you could be difficult for one person to handle. Hiring someone to perform these services would be possible.

Get Life Insurance Today Outside Of Your Job

If you have a job that currently provides life insurance coverage, what would happen if you lost that job? The life insurance coverage will be lost too.

Don’t risk your family’s security. A life insurance benefit can ensure their future for years to come. And you can rest easy knowing that they will not have to be concerned about where the mortgage payment, car payment, or any other financial responsibility will come from.

Give Us A Call

Our team of experts at Travers Insurance in Webster Groves, MO will answer any questions you have or provide you with a quote to get you started. Contact us today. We’ll be glad to help.

Buying a new car? Don’t forget to upgrade your auto insurance!

Posted on October 28, 2022October 31, 2022 by admin

Travers Insurance is here to help the greater Webster Groves, MO community with all of its insurance needs. Buying a new car is a very exciting experience and one that may change your auto insurance needs. Call our office today to find out more.

Upgrade your auto insurance if you buy a new car

When you buy a new car, your auto insurance needs will likely change. Because of the speed at which new vehicles depreciate, it’s important to have adequate protection. In the event that your vehicle is stolen and never recovered, or is declared totaled in an accident, you will need robust protection.

If a new car is deemed unusable due to an accident or theft, the insurance carrier will assign a value to the vehicle. This amount that is paid out to the policyholder can be less than the amount that is still owed to the lender. Unfortunately, this situation occurs quite frequently.

To avoid having to owe your lender money for a car you can no longer use, be sure to upgrade your auto insurance policy to have this gap protection. Without it, you could find yourself in an unwanted financial situation. This is one example of why it is beneficial to work with a local insurance agent. Sitting down with someone to review your needs is very helpful when you are looking for the right auto policy for your needs. Find out more about auto insurance today!

We are here to help

Residents in Webster Groves, MO and the surrounding area can rely on the team at Travers Insurance. If you have questions about auto insurance, we are here to help answer them. Give us a call or come by our office today to learn more.

Who needs to get a commercial insurance plan in Missouri?

Posted on September 16, 2022September 16, 2022 by admin

The Webster Groves, MO area continues to be a good place to run a business. When you are an owner of a company here, the strong economy and population offer a lot of opportunities. As you are looking to build a business here, it is also important that you appropriately consider your insurance needs.

There are various situations when a business here will need to have a commercial insurance plan:

Businesses Raising Capital

A situation when a business in Missouri will need to have a commercial insurance plan is when they want to raise capital. If you are going to run a business, you need to have access to capital. This can come in the form of a loan or money raised from investors. In either situation, the party providing the capital will want to protect their investment. Due to this, they will typically require the business to have a full commercial insurance plan.

Businesses Looking for Coverage

Even if you do not have a direct obligation to carry commercial insurance for your business, having coverage is still beneficial and a good idea. With the right coverage, you can properly cover your business. If you have a commercial plan, it will provide support to replace your core business assets if you incur a loss due to theft or accident damage. It also will offer valuable liability support if your company is named liable in an accident resulting in a loss.

Get Commercial Insurance Today

Commercial insurance continues to be a necessity in the Webster Groves, MO area for many businesses. As you are looking for coverage here, calling the team with Travers Insurance can be helpful. There are a lot of important factors to consider when looking for coverage and Travers Insurance can help you build an ideal policy.

3 Reasons Why Renters Insurance is Beneficial for Your Home

Posted on August 29, 2022September 2, 2022 by admin

Whether you’re renting an apartment or a home, investing in a renters insurance plan is beneficial for you. Burglaries and fires happen all the time in homes and without renters insurance, it will be tough to finance the repairs. Fortunately, we at Travers Insurance serving Webster Groves, MO do offer renters insurance and could provide the right coverage for your needs.

It Covers your Belongings when Travelling

Anything can happen to your items while traveling. They could be stolen or damaged. Your renter’s insurance plan could help cover the loss of your possessions due to this happening. Other covered losses during your traveling journey could also be covered. Your insurance agent could give you more information on what’s considered "other covered losses."

Liability Coverage is Included

Another benefit of renters insurance- it protects when someone is injured in your home. Liability coverage is another aspect of renter’s insurance. It protects you against potential legal claims you may be obligated to pay. It could also cover unintentional damage caused by you to the landlord’s property. However, it doesn’t cover any negligence or intentional acts that you caused.

It’s an Affordable Policy

Of course, it doesn’t hurt that renters insurance won’t break your bank, too. The National Association of Insurance Commissioners (NAIC) shows that the average renter’s insurance policy is between $15-$30 a month in 2022. In the state of Missouri, the average premiums are between $8-$21 per month. That’s not bad for insurance that’ll cover all of your stolen or damaged belongings.

While it’s not required that you get renter’s insurance as a Missouri resident, you will be safe rather than sorry when getting it for your home. If you’re in the Webster Groves, MO area, contact our Travers Insurance team today.

What Are The Different Types Of RV Insurance Coverage?

Posted on July 15, 2022July 15, 2022 by admin

If you’re an RV owner, it’s important to ensure you have the right type of insurance coverage. There are many different types of RV insurance policies available, and it can be difficult to know which one is right for you.

Travers Insurance offers this guide on navigating the types of RV insurance coverage available and help you decide which one is best for you.

RV Insurance Coverage: What You Need To Know

1. Liability Insurance

This type of insurance covers damages you may cause to other people or property while operating your RV. It is the most basic type of RV insurance and is required in most states.

If you are involved in an accident, liability insurance from Travers Insurance will cover the costs of repairs or replacements up to the limit of your policy. It’ll also cover the medical expenses of any injuries that you may cause to others.

2. Collision and Comprehensive Insurance

Collision insurance covers the cost of repairs to your RV if it’s damaged in an accident. Comprehensive insurance covers the cost of repairs or replacement if your RV is damaged by something other than an accident, such as a fire or theft.

Both collision and comprehensive insurance have deductibles, which is the amount you’ll have to pay out of pocket before your insurance coverage kicks in. Deductibles are typically higher for collision and comprehensive insurance than they are for liability insurance.

3. Full-Timer Coverage

If you live in your RV full-time in Webster Groves, MO, you’ll need to purchase full-time coverage. This type of insurance covers the same things as a standard RV policy, but it also provides additional coverage for things like contents insurance and emergency expenses. Full-timer coverage is more expensive than standard RV insurance, but it is worth it if you live in your RV full-time.

Give Us A Call

Now that you know the different types of RV insurance coverage available, you can start shopping around for the right policy for you. Make sure to compare rates and coverage levels before making a decision. We at Travers Insurance in Webster Groves, MO offer excellent RV insurance rates and coverage levels. Contact us today for a free quote.

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Here are just a few of the benefits that come with having commercial insurance:

Protecting Your Business Assets

Ensuring Business Continuity

Managing Liability

Peace of Mind

Reach Out To Us

Why Do Renters Need Insurance?

What Does Renters Insurance Cover?

How Does Renters Insurance Work?

Call Our Office for More Information

Renovating Your RV

Cosmetic vs. Functional

Equipment: Do You Have What it Takes?

Searching for the Right RV Insurance for your Vehicle in Webster Groves, MO?

Motorcycle Insurance Protection

Reach Out Today

Condo Insurance: What You Need To Know

Travers Insurance Wants to Help

What is life insurance?

Get Life Insurance Today Outside Of Your Job

Give Us A Call

Upgrade your auto insurance if you buy a new car

We are here to help

There are various situations when a business here will need to have a commercial insurance plan:

Businesses Raising Capital

Businesses Looking for Coverage

Get Commercial Insurance Today

It Covers your Belongings when Travelling

Liability Coverage is Included

It’s an Affordable Policy

RV Insurance Coverage: What You Need To Know

1. Liability Insurance

2. Collision and Comprehensive Insurance

3. Full-Timer Coverage

Give Us A Call

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