If umbrella policies are good for individuals, then they are imperative for business. When a significant liability loss occurs, an umbrella insurance policy can mean the difference between a business surviving, or not.
An umbrella policy provides additional layers of liability protection of at least $1 million for your business with defense costs paid in addition to your limit. If liability limits are exhausted on any underlying insurance policy, your umbrella policy will take over and provide the necessary protection. Under certain circumstances umbrella policies will even pay claims not covered by underlying policies.
The rising costs of lawsuits and judgments are important for today's business owner to consider. Significant liability losses can happen to any business at any time, and a commercial umbrella policy protects you when those losses exceed your basic liability coverage. The time and effort you have taken to build your business is too important for it to disappear after one unforeseen event.
What is it?
Who needs it?
The right coverage for your business is unique. Talk to us today to protect your assets with liability limits above and beyond your other insurance policies. We'll help you select the limit that's right for your business - limits are available from $1 million to $10 million and beyond. Having the peace of mind knowing your business is protected is a luxury every business owner deserves!
We can find discounts on business insurance you may not find on your own. Give us a call, or get a business insurance quote online today.