Blog | Travers Insurance

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.

Selecting the right insurance to protect your Missouri condo

Posted on February 27, 2021February 27, 2021 by admin

Owning a condo differs from homeownership in a couple of ways, and those differences are reflected in the different types of policies available for each. Here at Travers Insurance, we are dedicated to providing our Webster Groves, MO area clients with the information necessary to make an informed decision when selecting their condo insurance policy. There can be some points of confusion regarding an understanding of what is and what isn’t covered by a condo association. Yes, that policy will cover some events, but it is imperative to have a dedicated policy for each unit.

Protect your condo with a comprehensive insurance policy

There is one common point of confusion when it comes to condo insurance. While the condo association will take care of maintenance and insurance of common areas and the building structure in most cases, an owner cannot rely on that coverage for their individual unit.

For instance, if there is a flood on another floor and the water damage extends to your unit, it is more likely than not that you will be responsible for repairing any damage. This can be difficult for some condo owners to understand, and rightfully so!

With a comprehensive condo insurance policy, you can rest assured that your unit is protected! Robust policies protect many unplanned events that can be disruptive to your life. When you know that your unit will be back to normal, it gives you great peace of mind!

Find the condo policy that meets your needs.

Clients of Travers Insurance in the greater Webster Groves, MO know that they can rely on us for all of their insurance needs! Call or stop by today to learn more about all the different available condo policies!

Who Needs Life Insurance?

Posted on January 31, 2021February 1, 2021 by admin

Even though life insurance is not obligatory, it is worth getting. It is advantageous and beneficial for certain categories of people. Travers Insurance, serving Webster Groves, MO, has prepared a list of those who can benefit from life insurance more than anyone else:

Breadwinners. If there are family members who depend on you financially, life insurance is a must. It is an income replacement that will support your beloved ones financially if something happens to you.
Single mothers. Statistically, over 40% of American children are born to unmarried mothers. If you are one of them, life insurance is a perfect way to protect your children and provide them with a safety cushion.
Single people with no kids. You may wonder, why does a single person need life insurance? The reason is that it is better to get a life insurance policy as early as possible. The earlier you get it, the less you will have to pay for it.
Business owners. If you are a business owner, you do not want your beloved ones to handle your business debts. It may be a significant financial burden for them. Therefore, it is better to get life insurance that will pay off your debts if necessary.
Stay-at-home patents. Life insurance does not replace the income of stay-at-home parents, but it provides the finances that will be used for covering all the jobs a stay-at-home parent was doing.

If you belong to one of the above-mentioned categories, you should think of getting life insurance. It will provide financial security to your beloved ones and give you peace of mind. If you are looking for a trustworthy insurance agency in Webster Groves, MO, do not hesitate to contact Travers Insurance – we will do our best to answer all of your questions and help you find a policy based on your needs and budget.

What auto insurance is required in Missouri

Posted on December 31, 2020December 31, 2020 by admin

Whether you are a Missouri resident or just driving through, you are required by law to carry some basic auto insurance. Unfortunately, thousands of people are involved in accidents every year who don’t follow the law. That makes it even more important that you, as a responsible driver, have the right insurance to protect yourself. At Travers Insurance in Webster Groves, MO, we have been around for 70 years through three generations. We have survived by providing our customers with personal service they can count on.

Mandated auto insurance is liability coverage and uninsured motorist. Liability protects others from the results of your actions. If you cause an accident, you must have $25,000 for injuries to each person. The total per accident of $50,000 and $10,000 for property damage. Uninsured motorist coverage must equal the bodily injury coverage of your liability insurance. Your lender or lessor will require that you carry additional coverage to protect their vehicle.

Most people count on their vehicles for conducting the everyday business of life. Depending on where you live, public transportation may not be an option. If you own a vehicle but don’t have a loan, you can go without collision and comprehensive. The question is, do you want to? If you can easily pay for any repairs to your vehicle from an at-fault accident, then, by all means, skip the additional coverage. If you are like most people, you don’t have thousands of dollars just sitting around to use for repairs.

Collision pays for your vehicle’s repair after a motor vehicle accident, comprehensive covers for damage due to events beyond your control, storms, theft, fires, etc.

If you have questions about auto insurance coverage at Travers Insurance in Webster Groves, MO, we have answers. Contact us for a no-obligation quote.

Commercial Insurance Requirements in Missouri

Posted on November 19, 2020November 19, 2020 by admin

Missouri Commercial Insurance Options

If you’re in Missouri and you own a small business, there are several types of commercial insurance that you should have. However, there are only two types that the state makes mandatory for certain small businesses. If you need commercial insurance for your small business, call us at Travers Insurance in Webster Groves, MO for an appointment.

Commercial Auto Insurance

In Missouri, all vehicles owned by a business have to have commercial auto insurance policies. This coverage comes with specific minimums for bodily injury liability, property damage liability, and uninsured motorist coverage. It isn’t required to cover personally owned vehicles driven for work reasons to be covered by a commercial policy. However, it is recommended that those vehicles be covered by a policy called hired and non-owned insurance. This is important because personal auto insurance often doesn’t pay for vehicles used for business purposes.

Workers’ Compensation Insurance

This type of commercial insurance is required under Missouri law for any business that has at least five employees, even if they are part-time workers. Certain industries, such as construction, require this commercial insurance to be carried even if there is just one employee of the business. This type of commercial insurance is for paying medical bills if an employee were to get injured or sick at work.

Make Your Appointment

If you have a small business, you likely need the right insurance to keep the coverage legal. Call us at Travers Insurance in Webster Groves, MO to make an appointment to talk to an agent about the commercial coverage you need. An agent can talk to you about the appropriate coverage for your specific business.

Avoiding Claims Using a Water Detection Device

Posted on October 23, 2020October 23, 2020 by admin

Water is fun when you are enjoying it in a pool, lake or ocean – it is not fun when you are experiencing it in your home!!

Water losses can be costly and burdensome, but the good news is most are avoidable through preventative steps and advances in water detection technology. In January 2020, we introduced you to StreamLabs Monitor™, a DIY water detection device option.

StreamLabs uses patented ultrasonic technology with real-time, mobile leak alerts to help mitigate home water damage. The price of StreamLabs begins at $169.

Benefits for our clients:

StreamLabs offers our customers a $30 discount at the time of purchase, when they use your unique agency promo code (provided to you from our agency upon enrollment).

If you are interest in enrolling, please contact our agency at 314-962-2922.

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