Understanding Your Insurance

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By Travelers
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Understanding the fundamentals of insurance

Car Insurance

Bodily injury liability coverage provides compensation for injuries to others, related legal expenses and damage your vehicle does if you cause an accident.

bodily injury liability coverage.

This helps pay for damage to your vehicle if you are in an accident with another vehicle or object, or your vehicle rolls over.

collision coverage.

This covers non-collision related damage to your vehicle, such as theft or fire, as well as striking an animal or a tree falling on your car in a storm.

Comprehensive coverage.

If you finance or lease your vehicle and it gets totaled, loan/lease gap coverage can cover the difference between the current value of your vehicle and what is owed on it.

loan lease gap coverage.

Medical payments coverage protects passengers in your vehicle who may be injured in an accident, no matter who is at fault. It also protects you as a pedestrian.

 medical payments coverage.

Property damage liability coverage provides compensation for related legal expenses and damage your vehicle does to another person’s property if you cause an accident.

property damage liability coverage.

This can help pay for damages and medical costs resulting from an accident caused by someone who has no insurance or inadequate insurance coverage.

motorists coverage.

Umbrella insurance provides extra liability coverage that can help protect assets. It also helps cover defense costs, attorney fees and other charges associated with lawsuits.

umbrella insurance.

Home Insurance

This coverage can help pay to repair or rebuild the physical structure of your home in the event of a fire or other covered cause of loss.

dwelling coverage.

If others are hurt or have damaged property for which you or covered residents of your household are legally responsible, then this can help protect you.

liability coverage.

If your home is damaged by a covered loss, loss of use coverage can help pay for your additional housing and living expenses while your home is being repaired or rebuilt.

loss of use coverage.

This can cover your belongings, whether they get damaged at your home or apartment, or anywhere in the world – as a result of a covered loss.

personal property coverage.

Frequently Asked Questions (FAQs)

Why do you need car insurance? How much car insurance coverage do you need? Get answers to your car insurance FAQs.

Why do you need home insurance? How do you choose home insurance? Get answers to your home insurance FAQs.

From what renters insurance covers, to how to get a renters quote, get answers to your questions.

Related Products

Get protection that can give you peace of mind when you're on the road.

Protect your home the way it protects you by choosing the property insurance coverage that meets your needs. 

Renters insurance can help to cover more than your personal property. It can help to protect you from personal liability, so you can rest easy. 

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