Umbrella Policy
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Every business is vulnerable to a major catastrophe or an unexpected lawsuit. Think about some of the devastating losses you've heard about recently or the large settlements that are awarded by the courts. Some losses could exceed your primary insurance coverage… unless you protect your business with an umbrella insurance policy.
As its name implies, an umbrella policy extends your coverage beyond the limits of your basic business liability insurance. In other words, it provides additional liability insurance coverage in the event that your underlying general liability limits are exhausted due to a covered catastrophic loss.
An umbrella policy is important because it helps covers unexpected events. It's not expensive and in certain instances it could literally save your business.
Commercial Umbrella coverage may be written in conjunction with other commercial policies, such as a Businessowners Policy.
Contact us to learn more and to find out if Umbrella Insurance is right for your business.