Melissa Sherrard, Car Insurance Writer
@melissa_sherrard
A Travelers umbrella policy covers claims beyond the limits of an existing auto or home insurance policy, adding $1 million to $10 million in additional liability coverage. Travelers umbrella insurance may also cover claims that aren't covered by a standard liability policy, like slander, libel, and psychological harm.
What Travelers Umbrella Policies Cover
- Additional bodily injury and property damage liability limits
- Certain lawsuits, like slander, defamation or invasion of privacy
- Defense costs
Travelers's umbrella policies are a good choice for customers with a high net worth who want extra coverage for property damage, injuries, and possible lawsuits that could result from various types of incidents. To be eligible, you will also need an auto policy from Travelers.
You can get a quote for Travelers umbrella insurance by calling 1-866-203-8842.
To learn more, check out reviews and key information about Travelers on WalletHub, as well as our guide to umbrella insurance.
People also ask
Why is Travelers so cheap?
Travelers is so cheap because the company offers a wide variety of discounts that almost anyone can get. A minimum coverage policy from Travelers costs an average of $74 per month, and Travelers premiums can be made even cheaper by taking advantage of discounts such as continuous insurance discount and paid-in-full discount. Plus, Travelers rewards customer loyalty with discounts for insuring more than one car and bundling multiple policies, such as home and auto.
Average Monthly...
read full answer by McKayla Girardin, Car Insurance WriterWhat does umbrella insurance cover?
Umbrella insurance covers injuries, property damage, certain lawsuits, and personal liability situations that exceed your home and auto liability coverage. An umbrella policy extends your liability insurance limits and offers protection for situations not covered by a standard liability policy, such as libel or slander.
On the other hand, umbrella insurance does not cover claims that are excluded outright from liability insurance, such as intentional damage or damage to your own property.
What Umbrella Insurance...
read full answer by WalletHub, Financial CompanyHow much liability insurance do I need?
You need enough liability insurance to cover your net worth. Having coverage equal to the value of the assets you own and all the money you have, minus your debt, protects you financially in case of a serious car accident.
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Although almost every state requires drivers to carry liability insurance, the minimum coverage is not always enough to cover the cost of an accident. It’s always...
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