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What does my Webster Groves, MO condo insurance cover?

Posted on December 13, 2021December 9, 2021 by admin

Condo insurance seems like a luxury. In reality, it’s a necessity.

While an association has its own plan, these policies are often limited. Travers Insurance wants to ensure you’re prepared. Located in Webster Groves, MO, the agency shares four types of coverage found in most condo insurance policies.

Building property protection

An owner’s policy covers only the structure of the building itself. Condo insurance fills in the gap, protecting the inside of the unit. This insures flooring, cabinets, walls, and other permanent fixtures. If any of these is destroyed, damaged, or stolen, condo insurance will pay for replacements up to the policy limit. Consult your association agreement to determine what areas may be deemed your responsibility.

Personal possessions coverage

Fortunately, your belongings are safe too. Like other items inside your dwelling, condo insurance will chip in to help cover any loss or damage. Every policy will identify protected events, like water or fire damage. Theft and vandalism are also usually listed.

Personal liability insurance

Most all insurance policies include liability protection. If someone is injured while inside your residence, this coverage is necessary. It reimburses any expenses incurred as a result of the incident, such as medical bills. Liability also pays for related legal costs if you are sued.

Loss of use coverage

While it seems unlikely, accidents do happen. If your condo becomes uninhabitable after a natural disaster or other extreme incident, loss of use is important. Sometimes referred to as "additional living expense coverage," this provides payments for additional costs associated with temporary relocation.

Contact agent serving Webster Groves, MO

If you rent or own a condo, Travers Insurance can help. Their trusted agents can create an individualized policy to protect you and your home. Call to set up an appointment today.

When should you review your life insurance?

Posted on November 29, 2021December 9, 2021 by admin

The life insurance that is right for you when you are 25 is probably not the life insurance that is right when you are 45 or 65. From time to time during your life, it is important to look at the type and amount of coverage you have. At Travers Insurance in Webster Groves, MO, we have 70 years of experience that we are happy to share with our customers.

Your employment changes

You may have a life insurance policy with your employer. If you decide to move on or you get laid off, what will become of that policy? Will you be able to keep it and take it with you? If you don’t know, you are not alone. Do you really want to let your employer control any of your life insurance decisions? Employer life policies are a nice bonus, but you need to have your own insurance that you control.

You get married

When you get married, you should take a look at your life insurance and perhaps change the beneficiary. You also need to consider whether your partner needs any support from you to survive. A working spouse can probably manage on their own, but if you have a mortgage, it might be too much to support on only one salary.

You have children

Children change everything. They are a long-term investment. You need to consider how they will be supported if you are not there to provide that support. Do you want to make sure the money is there for them to attend college? How young are your children? Experts say having between 7 and 10 years of income in life insurance is the best figure, but that may not be enough or too much for you.

Contact Travers Insurance in Webster Groves, MO when you are ready to review your life insurance.

State minimum auto insurance requirements for Webster Groves, MO

Posted on October 15, 2021October 11, 2021 by admin

What kind of auto insurance does one need to carry when traveling through Webster Groves, MO? The answer there lies in the state minimum requirements as setting up by the state of Missouri. Luckily, those are posted and readily available for all to see. The state of Missouri requires a minimum of $25,000 of coverage per person in the vehicle, $50,000 per accident, and $25,000 for physical damage to the other vehicle. Those are just the minimums, and one may choose to purchase additional coverage in the Webster Groves, MO area if they choose.

Travers Insurance focuses on helping people get their hands on the policies they need to keep themselves safe and legal out on the road. They have looked at the minimum requirements for the state of Missouri, and they understand how to create an auto insurance policy that meets those minimum requirements. Basically, they are all about helping people to get the coverage that they need without spending a penny more than what is absolutely necessary to do so. It is all about getting the right policies in the right hands, and Travers Insurance has managed to do that very well through its innovative creation of a variety of insurance types.

People in Webster Groves don’t want to worry about getting hurt or hurting someone else in the course of just going about their day-to-day business. Most people assume that they will never be in this position. However, we know for a fact that some people will be involved in accidents at some point, and that is why we just can’t assume that everything will just work out okay. We have to prepare ourselves for the reality that we need protection in case our number is called, and we are the ones who end up having to pay for an auto accident.

Commercial Insurance Requirements in Missouri

Posted on September 30, 2021October 11, 2021 by admin

There are two types of commercial insurance that are required by Missouri for most businesses. These insurance policies are important for protecting your business against lawsuits and huge medical bills, and they’re important for compliance with the law. If you need commercial insurance, give us a call today at Travers Insurance in Webster Groves, MO.

Workers’ Compensation Insurance Policies

For a wide range of businesses in Missouri, the law mandates that they get workers’ compensation insurance for their employees. The law says that for most industries, any business that has at least five employees has to carry this coverage for them. This is true whether the employees are part-time or full-time. However, the construction industry is an exception. For construction companies, even having just one employee requires getting this insurance. If a contract worker works in your business, the state can consider them to be an employee.

Commercial Auto Insurance Policies

If your business owns a vehicle, it is required by the state that you cover it with commercial auto insurance. This insurance must have a specific minimum amount for a person who becomes injured in an accident that your vehicle caused. There is another minimum amount required for all of the people who become injured in one accident. There is also an amount required for property damage liability. The insurance policy must also have a specific minimum amount for uninsured motorist protection for one injury in an accident and another amount for everyone who was injured.

Most of these required auto insurance coverage types are for liability only- they pay for the other person’s injuries and property damage. If you want your own vehicle covered, you need collision insurance and/or comprehensive insurance.

Get Commercial Insurance Policies

When you own a business, make sure that you have the types of commercial insurance that you need. Give us a call at Travers Insurance in Webster Groves, MO.

What Does Renters Insurance Cover?

Posted on August 16, 2021August 8, 2021 by admin

Are you renting a home or apartment in Webster Groves, MO, and want to protect yourself? Then, it might be time to call us at Travers Insurance to buy a renters insurance option. Doing so is a wise choice if you want to give yourself the best chance of minimizing severe complications with your belongings.

What Your Policy Covers

When buying renters insurance coverage, you typically get to choose what kind of coverage options you can include. However, your basic policy will take care of the same types of things, including problems like:

Potential Weather Damage – If your personal belongings are damaged due to various weather-related issues, such as snow or sleet, your policy should help cover the repairs.
Fires and Other Natural Disasters – When a natural disaster strikes your rented home, your belongings will be protected by your policy, such as if they get burned up in a fire caused by lightning.
Mischief Issues – When people break into your apartment or rent home and steal items that belong to you or damage your belongings, your renter’s policy will help pay for this coverage.

What about problems with your vehicles or the structure in which you live? Your auto policy will cover the first, while the landlord’s home insurance will cover the latter. Your policy covers just what you own, and as you are renting, the house’s structure is not included.

Don’t Neglect This Help

Do you want great renters insurance from Travers Insurance to cover your Webster Groves, MO home? Don’t hesitate to get in touch with us today to learn more. Our team will set you up with a policy that works for you and will do what we can to ensure that you are happy and satisfied with its coverage.

Is Your RV Insurance Policy Right for You? Here’s How to Tell

Posted on July 30, 2021August 8, 2021 by admin

Do you feel comfortable with your RV insurance or think it could potentially be better if you upgraded to a new policy? Thankfully, we at Travers Insurance can help Webster Groves, MO residents and those in the surrounding area.

Do You Need Mechanical Protection?

Are you worried about your RV breaking down and leaving you stranded during a trip? Then, you might want to upgrade to mechanical protection policies to minimize your risks.

Does It Cover Collision?

Do you want high-quality RV insurance? Then, you may want to consider upgrading to a collision policy. Doing so should help to minimize any problems if you crash.

Are You Safe From Liability Concerns?

Did you know that many RV owners suffer from liability problems due to their RV hitting other people? If not, make sure that your policy has you covered to minimize this problem.

Will It Protect Health Issues?

Are you concerned about the potential of people getting sick in your RV or getting hurt if you crash? If so, you should upgrade to include medical expense coverage to minimize your danger.

Could Weather Impact Your Vehicle?

Do problems like rain, hail, excessive heat, and more all occur in your area? Then, you might want a high-quality RV insurance policy that covers natural disasters and this type of severe damage.

Is Full-Timer’s Coverage Necessary?

Do you live in your RV full-time and have no other home? Then, you probably need full-time’s coverage to protect your RV’s interior and keep it operational and efficient.

Do You Want Help?

If you still aren’t sure about what kind of RV policy you want and need help finding one that makes sense, please don’t hesitate to contact us at Travers Insurance. We serve the Webster Groves, MO area.

Types of Motorcycle Insurance

Posted on June 14, 2021June 14, 2021 by admin

If you love cruising around Webster Groves, MO roads, getting a motorcycle will likely be your first step to enjoying the outdoors. Next comes getting motorcycle insurance. The second option may, however, present challenges, given the numerous insurance options in the market. Travers Insurance can help with this, with the following guide detailing various motorcycle policies to be on the lookout for.

Bodily Injury Liability Coverage

This coverage takes care of 3rd party injury costs for accidents that you cause. It helps you pay for medical expenses like prescription charges and examination fees during hospital visits. Bodily injury liability coverage will also come in handy in paying for lost wages when other parties sustain significant injuries.

Property Damage Liability Coverage

This coverage also takes care of 3rd parties, with attention to property damage costs. If found liable for an accident that leads to the destruction of property, this policy helps you pay for other parties’ repair and replacement costs.

Medical Payments Coverage

Medical payment coverage provides compensation when you are injured in an accident. Your passengers are also covered by this policy and will help you both take care of your medical costs. Where policy terms allow, it can also come in handy for providing reimbursement for lost income to either party.

Comprehensive Coverage

Comprehensive coverage protects you during a non-collision accident. This can arise from events such as hail, fire, theft, and vandalism. When your motorcycle gets destroyed due to these emergencies, comprehensive coverage will help you pay for your repair or replacement costs.

Collision Coverage

Collision coverage takes care of impact accidents that you are involved in. Examples of these include collisions with other motorcycles, vehicles, or objects such as trees or poles. Collision coverage ensures that the costs of motorcycle repair or replacement are catered for.

Uninsured/ Underinsured Coverage

If you are hit by an uninsured motorist or one whose cover is insufficient for paying for your repair or replacement costs, uninsured/ underinsured coverage will kick in. This policy pays for your property damage costs and any injuries you incur.

If you need motorcycle insurance structured to Webster Groves, MO riding needs, consider giving Travers Insurance a call today.

4 Benefits of Boat Insurance

Posted on May 31, 2021June 5, 2021 by admin

Whether you use your boat to sail, cruise, or fish in Webster Groves, MO, and its environs, you need to understand the ins and outs of boat insurance. Watercraft insurance saves the day when the unthinkable happens. Unfortunately, many boaters choose to ignore boat insurance because it’s not mandatory. However, this trend can turn into a nightmare when disaster strikes. If you are contemplating whether to purchase boat insurance from Travers Insurance Webster, here are the benefits to expect.

Investment protection

How much does your boat cost? It’s probably thousands of dollars. That said, you need a proper boat insurance plan to protect your investment. Boat insurance pays for damages up to your policy limit when a covered peril occurs. Boat insurance saves you the headache of financing repairs and even replacing your boat after a catastrophe.

It’s probably required

Whereas watercraft insurance isn’t mandatory in Missouri, your lender may insist you carry boat insurance to protect their financial interest. Given that lenders are in investment, it makes sense to protect the boat they have financed to avoid running into losses.

Liability coverage

While no one desires accidents, they can still happen. When accidents occur, you can be liable for bodily injury and property damages for losses you cause to others. Thankfully, with liability coverage, you don’t have to incur out-of-pocket expenses to cover third-party losses.

Provides more coverage than home insurance

Many boaters often take comfort that their boats are covered by home insurance. Although it’s true home insurance covers your boat, the problem is that it provides limited coverage. Typically, your home insurance will cover your boat up to $1,500. This amount can only be sufficient for small boats.

Buy boat insurance today!

Having seen the importance of boat insurance, it’s time to buy coverage from Travers Insurance Webster. Contact us today for an affordable quote, or visit our Webster Groves, MO offices to talk to one of our agents.

Why flood insurance is a good idea in Missouri

Posted on April 28, 2021April 28, 2021 by admin

Did you know that it’s possible to get flood insurance even if you don’t reside in a flood plain? The team here at Travers Insurance has the knowledge needed by the Webster Groves, MO community to better understand their insurance options. If you would like to find out more about the flood insurance options available, call today.

Benefits of flood insurance

When it comes to damage protection, how the damage is caused can become a focus of attention. Because of this, a policy may or may not cover a certain event. For example, flood damage is different from rain damage which is different from damage caused by leaky or burst pipes. They all may be forms of water damage, but how they are looked at by your insurance company may differ.

Because of this, it cannot be apparent to know if your policy provides the protection you need. A home owner’s policy does not typically cover flood damage, and that is the main reason why a flood insurance policy is advisable. If you live in an area prone to flooding, you may be required by your lender to have insurance. However, even if it isn’t a requirement, having a flood insurance policy is a smart idea.

An experienced agent can help determine if a flood policy is right for you, given the location of your home. If you want to enjoy the peace of mind that comes with knowing you’re protected, meet with an agent today.

Talk to the team at Travers.

Travers Insurance is proud to serve the insurance needs of the greater Webster Groves, MO community. We are here to answer any questions you may have about flood or any other type of insurance. Call or stop by today!

4 Benefits Of Umbrella Insurance

Posted on March 31, 2021March 31, 2021 by admin

For over 30 years, Travers Insurance has served Webster Groves, MO, and the surrounding areas. We strive to promote a family atmosphere with our clients. We are considered one of the largest independent insurance agencies in the Midwest. We enjoy helping our clients find multiple policies to protect their interests. We also recognize the importance of giving back to the community.

Umbrella Insurance Benefits

Umbrella insurance provides additional coverage when you are involved in a serious liability dispute. You have an extra layer of protection to help you maintain your assets as you go through potential litigation. Here is a look at 4 significant benefits of umbrella insurance.

Personal Liability

Umbrella insurance covers you if someone gets injured while visiting your property. Perhaps the person delivering your mail slips on a bad patch of snow. Perhaps you decide to throw a party, and one of your guests is injured. Maybe your dog is having a bad day and attacks your neighbor. These are all cases where umbrella insurance provides an important safety net.

Common Accidents

Umbrella insurance can assist you if you accidentally cause damage to someone else’s property. Perhaps you take your eye off the road and for a split second while you’re parking and hit your neighbor’s mailbox or lawn ornaments. Perhaps you’re doing some landscaping, and one of the trees you cut down lands on your neighbor’s property and causes damage.

Business Incidents

Umbrella insurance can help you protect your investment. As a Missouri business owner, you know how costly a negligence or malpractice suit can be. Umbrella insurance can help you protect the integrity of your business.

Family Related Incidents

Umbrella insurance can cover you if your child causes property damage or injuries to someone.

Travers Insurance Will Help You Protect What Matters Most

Visit our website today to learn more information about umbrella insurance.

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