Don’t let the fear of loss hinder your business. Since we understand what it takes to protect a successful business we provide plenty of options for your consideration. Included among those options is the Commercial Umbrella Liability policy, which ensures your protection in the event of a huge judgement against your company. While not mandatory, a Commercial Umbrella Liability policy is highly recommended to protect your business in the event of a catastrophic liability loss.
Points to consider:
- The number of lawsuits continues to increase
- The average size of jury verdicts continues to increase
- What is the amount of insurance provided by your current policies?
- What would happen if your current insurance limits are not sufficient to cover a large loss?
Every business, no matter how large or how small, is at risk for a sizeable judgement. Commercial Umbrella Liability insurance could mean the difference between the survival of your company, or its demise. Without a sufficient amount of insurance your business, your source of revenue, and the livelihood of your employees are all at risk.
Commercial Umbrella Liability, which is available in increments of $1,000,000 up to $10,000,000 or more, covers losses that exhaust the limits of other policies including:
- Commercial General Liability
- Automobile Liability
- Employer’s Liability
Learn more about Commercial Umbrella Liability insurance and what it could do for you by contacting your Hortica agent.