Commercial Umbrella Insurance – Because Accidents Happen

Umbrella liability insurance protects you when accidents happen and your existing liability insurance policies cannot cover all expenses. Standard business liability coverage will take care of you in most situations, but when serious situations arise, umbrella liability insurance will help ensure that your business is protected. While no one wants accidents to happen, they do – and people sue. Here are a few possibilities:

  • Your company holiday party gets out of hand resulting in various injuries and damages
  • Your building has a carbon monoxide leak that results in multiple injuries and/or deaths
  • Your business fails to render the appropriate professional services

Cover your business with umbrella liability insurance

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.

For example, if your current policy covers you for $1 million and you are successfully sued for $1.5 million, your business umbrella coverage can pay the outstanding $500,000—which is a lot less painful than having it come out of your business profits.

Umbrella liability insurance coverage tailored to your business needs

How much commercial umbrella insurance coverage does your business need? A variety of factors goes into determining the answer, including the type of business you own and how much coverage you already have.

Contact the Nigro Insurance Agency and let us work with you to see what you exactly need to make you concentrate more on business and less about your coverage.

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Nigro Insurance AgencyCommercial Umbrella Insurance / Business Insurance