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. This will include the general liability, automobile and Workers compensation.
All business needs that extra protection to cover the catastrophe which can cripple your business.
Most business have $1,00,000-$5,000,000 of coverage. We gave programs for contractors and real estate. These high umbrellas are requirements for the jobs such as demolition, crane operations and bridge and tunnel.
Large schedules of real estate owners carry $50,000,000 – $150,000,000 most at reasonable premiums to protect their assets and business.