Personalized coverage options, simplified policy documents and an
easy-to-use platform for agents make the Travelers homeowners product
better than ever
HARTFORD, Conn.--(BUSINESS WIRE)--
The Travelers Companies, Inc. (NYSE: TRV)
today announced the launch of Quantum Home 2.0 (QH2.0), an enhanced
homeowners insurance product with tailored pricing and more flexible
coverage options, all on simpler policy documents that help customers
better understand their insurance. Travelers offers QH2.0 through an
updated platform that allows agents to seamlessly quote and bind
coverage.
“We partnered with our agents to develop QH2.0, and the result is a
completely redesigned product that provides greater customization, fewer
steps to complete a quote and simplified customer communications,” said
Michael Klein, Executive Vice President and President, Personal
Insurance, and Head of Enterprise Business Intelligence & Analytics at
Travelers. “This new product will increase efficiency for agents while
helping them to deliver better service and drive new business.”
Travelers’ new home insurance product includes features such as:
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Decreasing Deductible® and loss forgiveness options that
recognize customers for their loyalty.
-
New discounts for customers who pay on time and for those with
smart-home protective technology, including fire, burglar and water
alarms.
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An enhanced water package that can cover sewer backups and hidden
water damage.
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Equipment breakdown coverage for appliances and water heaters, etc.
QH2.0 is available in Colorado, Oregon and Wisconsin, with additional
states rolling out the product in mid-2018. To find an agent or for
information about home insurance from Travelers, visit www.travelers.com.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV)
is a leading provider of property casualty insurance for auto,
home
and business.
A component of the Dow Jones Industrial Average, Travelers has
approximately 30,000 employees and generated revenues of approximately
$29 billion in 2017. For more information, visit www.travelers.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180220006189/en/
Media:
The Travelers Companies, Inc.
Sperry Mylott,
860-277-5075
smylott@travelers.com
Source: The Travelers Companies, Inc.