Umbrella Insurance

Commercial Umbrella Insurance 101

When your standard commercial business insurance plan coverage falls short in the event of liability claims, commercial umbrella insurance can come in handy. An umbrella insurance plan can also be designed to provide protection for those liability claims that your basic plan doesn’t cover. Here’s what you should know about commercial umbrella insurance. Types of

Umbrella Insurance

How Commercial Umbrella Insurance Can Protect Your Business

The primary purpose of commercial umbrella insurance is to protect your business from financially damaging lawsuits. It’s essentially a backstop to your primary business policies, including commercial auto insurance and general liability insurance. Commercial umbrella insurance kicks in when you’re required to pay liability claims that exceed the liability policy limits of your business’s primary

Business Insurance Umbrella Insurance

Umbrella Insurance (Excess Liability): What It Is & What It Covers

While over 90% of American homeowners have home insurance, more than half of them are underinsured, as reported by the Insurance Information Institute (III). The same trend exists in other insurance coverages, including auto insurance, health insurance, business insurance, and watercraft insurance. Generally, insurance exclusions are among the most common reasons for underinsurance in the