Commercial Umbrella Insurance
Commercial Umbrella Insurance – What is it?
“Umbrella” coverage is purchased to expand the protection of a general liability policy. Commercial Umbrella Insurance comes into play when you need to fill in a gap that you may be exposed to and that may be a vital aspect of your daily operations and security. Although in many cases General Liability Insurance covers a wide variety of things that may happen, there are many times that the courts or other insurance companies will not allow you to use it towards specific claims.
What may be covered with Commercial Umbrella Insurance?
- Privacy that may have been invaded
- Slander and libel
- Losses that may have not been covered by other liability policies
- Other lawsuit problems
Who should receive Commercial Umbrella Insurance?
No matter the size, or amount of sales a business may have; Umbrella insurance is always a safe policy to purchase. It is for the individuals and business owners that understand that everything doesn’t always go the way it is planned and having extra insurance in place is a safe bet and smart one.
Contact a Miller Carlisle Insurance Services Representative today to receive a quote and see how Umbrella insurance can benefit you. Although it may seem like an expense, this added expense can save you large sums of money in the event a claim or court systems decides your general liability insurance is not enough to cover an accident. Trust us when we say that most business owners regret over looking this policy and wish they could have been proactive by purchasing Umbrella coverage.