Commercial Umbrella insurance policies provide businesses with additional liability coverage to help protect them against the potentially ruinous costs 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 insurance to further protect 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 coverage.
To help get the added protection your business needs, get a quote on Commercial Umbrella Insurance from Garcia Lorenzo & Associates for this very important type of policy.
Commercial Umbrella policies can provide:
Slip and Fall protection in the event a customer falls on a wet floor in your place of business, and the medical costs of the injuries exceed your primary Commercial General Liability policy limits.
Advertising protection if there is an error in advertising and a lawsuit settlement exceeds your primary Comprehensive General Liability policy limits.