Commercial Umbrella Liability Insurance
Umbrella insurance is designed to protect your business when you have to file an insurance claim and the existing liability insurance coverage from your general liability insurance, auto insurance or other liability insurance cannot cover all the expenses. General liability and business auto insurance coverage will take care of you in most situations, but when a large claim occurs, commercial umbrella insurance will help ensure that your business is protected.
With thousand of other possibilities, we highly recommend covering your business with commercial umbrella insurance policy. A business umbrella policy picks up where your business auto liability, general liability or other liability coverage stops. Umbrella insurance is an inexpensive way to provide extra coverage against bodily injury and/or property damage.
Examples of When you might need umbrella coverage:
- Your company holiday party gets out of hand resulting in various injuries and damages
- Your real estate building has a carbon monoxide leak that results in multiple injuries and/or deaths
- Your business fails to render the appropriate professional services
- If your current general liability policy covers you for $1 million and you are successfully sued in court for $2 million, your business umbrella insurance coverage can pay the outstanding $1,000,000!!!!
Our agency can typically provide $1,000,000 to $10,000,000 in umbrella insurance for most types of businesses without having to fill out too much extra paperwork. If you have applied for business umbrella insurance in the past and been declined due to the unique nature of your business, or perhaps your business needs more than $10,000,000 in umbrella coverage, please contact us and a commercial representative will be happy to work with you to get the insurance coverages your business needs to keep you operating.