Umbrella Insurance

Standard business liability coverage will protect you in most situations, but more serious situations require more robust coverage. Commercial umbrella insurance will help ensure that your business is protected. Commercial umbrella insurance provides businesses with additional liability coverage to protect them against the potentially ruinous cost of claims.

Significant assets can be at risk when businesses are the target of lawsuits. If the cost of a claim exceeds the limits of a business’s underlying primary insurance policies, commercial umbrella insurance extends liability coverage for an additional layer of protection of your business assets. Without commercial umbrella insurance, business owners could be obligated to pay out of pocket for legal fees, medical bills, and damage expenses that exceed the limits of their underlying primary business coverages.

Minimize your financial risk

Commercial umbrella insurance can be applied when a covered claim exceeds the limits of an eligible liability policy. It can help protect your business when accidents such as the following happen:

• A customer slips on a wet floor in your office and injures himself. The medical costs of the injuries exceed the limits of your general liability policy.
• An advertising error results in major lawsuits against your business with costs that exceed your primary business liability insurance coverage limits.
• An automobile accident that exceeds your commercial auto coverage.

Companies of all sizes can benefit from commercial umbrella liability coverage. When accidents happen,  insurance is your company’s safety net.