Travelers homeowners insurance company is one of the most respected and well-known companies in the United States. As such, you may want to keep them in mind as you shop. Choosing the right homeowners insurance policy should never go without the utmost attention. If you are in a situation where your home is badly damaged or completely destroyed, a quality homeowners insurance policy backed by a customer service-oriented homeowners insurance company will be of great value. Comparing homeowners insurance companies means looking into their history, the policies they offer, added-value options, financial outlook and rates. Take a look at Travelers homeowners insurance company to see if they warrant a rate comparison.
Travelers Homeowners Insurance Company History
Travelers homeowners insurance company has a dual history that dates back to the mid-1800′s. Today’s Travelers is a combination of St. Paul Companies and Travelers Property and Casualty Corporation due to their 2004 merger. St. Paul Fire and Marine was founded in St. Paul, Minnesota in 1853. Travelers Insurance Company was founded in 1864 in Hartford, Connecticut. The first ever auto insurance policy was written by Travelers. Today, Travelers is the largest insurance U.S. insurance company when considering market value. Travelers homeowners insurance company has a presence in all 50 states as well as Europe, Asia and Canada.
Travelers Homeowners Insurance Company Policies
Travelers offers standard and tailored homeowners insurance policies as well as other types of insurance. The standard homeowners insurance policy will offer protection for your primary dwelling, secondary structures, liability, and personal belongings. You can vary the policies to your changing needs. The addition of valuable personal possessions or home renovations can be added to the policy to stay up to date. Travelers homeowners insurance company also offers other lines of insurance. You can bundle your homeowners insurance coverage with auto insurance and business insurance for convenience and savings.
Travelers Homeowners Insurance Company Policy Additional Features
Your Travelers homeowners insurance company policy will have features that go above and beyond a standard homeowners insurance policy. Options and added-value features can quickly separate one company’s homeowners insurance protection from another. Travelers offers the following added-value features.
- Full replacement cost
- Additional replacement cost
- Identity theft protection
- Personal article floater
- Umbrella coverage
- Personal liability
- Flood insurance
- “Valuable items plus”
Some of these items may add to the cost of the policy, but they do offer valuable protections for those in specific circumstances. There are other options available as well depending upon your geographical location.
Travelers Homeowners Insurance Company Financial Ratings
It is of the utmost importance that your homeowners insurance company have a strong financial base in case of large natural disasters. You want to find an insurance provider that can handle large payouts so you can replace your home and valuables. Travelers homeowners insurance company has received the following, most recent financial stability ratings.
- A.M. Best: A+
- Fitch: AA
- Moody’s: Aa2
- Standard and Poor’s: AA-
These ratings are based upon the strong financial foundation on which Travelers homeowners insurance company sits. Travelers has 110 billion in assets and had a stream of revenue over 25 billion in 2009. Travelers was also ranked 98th on the Fortune 500 list for 2009.
Compare Travelers Homeowners Insurance Company Rates With Other Providers
Now that you have an overview of Travelers homeowners insurance company, it is time to decide which company is to be your homeowners insurance provider. There are many companies vying for your business, so you can take advantage of this by gathering online rate quotes to compare prices. In only 15 minutes, you can have homeowners insurance rate quotes from companies such as Travelers. Shopping for homeowners insurance means comparing all the important variables to come up with the best policy for you. Once you have narrowed down the companies and the policy options you need, price comparisons can save you a bundle on your homeowners insurance.