Business owners put general liability insurance in place to protect against the excessive financial costs of defending claims and lawsuits. Umbrella insurance is designed to provide coverage above the limits of business liability insurance policies. This insurance takes over when your liability insurance limits have been reached. Businesses, no matter how carefully they manage their operations, can be named in several types of lawsuits. A...
Your business is protected by your business insurance – but is it enough? A commercial umbrella insurance policy provides coverage when a claim exceeds the limits of your other policies. This type of policy is typically quite affordable and offers a critical level of protection against losses from substantial claims or lawsuits. Do You Need Commercial Umbrella Insurance? A liability claim filed against your business...
You have worked hard to build your business, putting in long hours to ensure it is well-established and viable. Umbrella insurance can add an extra layer of protection for all of your hard work. These polices cover what is termed "excess liability." This type of policy helps to protect your business in cases of bodily injury or property damage lawsuits or claims. An umbrella insurance...
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