Essential Coverage for Catastrophic Liability Losses
If umbrella policies are good for individuals, then they are imperative for businesses. When a catastrophic liability loss occurs, an umbrella insurance policy can mean the difference between a business surviving or not.
The rising costs of lawsuits and judgments make it essential for today’s business owners to consider additional coverage. Catastrophic liability losses can impact any business, and a commercial umbrella insurance policy provides protection when your basic liability coverage is exceeded. Don’t let one unforeseen event jeopardize the time and effort you’ve invested in building your business. Protect your business with the right umbrella insurance coverage today.
What You Need to Know About Commercial Umbrella Insurance
Commercial umbrella insurance is essential for protecting your assets by providing liability limits beyond what your standard policies offer. In some cases, it also broadens your protection. Due to the unpredictable nature of jury awards and legal costs, we highly recommend including this coverage in your business insurance program.
Who Needs Excess Liability Coverage?
Excess liability coverage is important for businesses with high loss potential, high public profiles, large sales, significant assets, extensive auto fleets, global operations, or substantial public exposure.
Contact us today to discuss your business operations, and we’ll help you determine the best liability coverage to protect your company.
What is Excess Liability Coverage?
Excess liability coverage provides additional liability limits over your umbrella policy. It typically follows the terms and conditions of your primary insurance policy, giving your business added protection when the primary limits are exceeded.
