Umbrella liability insurance protects you when accidents happen and your existing liability insurance policies are not enough to cover all the expenses. For example, if your current liability policy covers
you for $1 million and someone is awarded a judgment of $3.5 million, your business umbrella
insurance coverage can pay the $2.5 above your current liability coverage.
Unfortunately large jury awards appear to be common place in today’s business environment and lets
face it, mistakes or accidents happen. Things such as: you're found liable for a customer’s injury from slipping in your store, the new product you introduced causes customer illness or injury, an employee driving a company or personal vehicle causes an accident and someone is seriously injured, an
electrical fire originating from your operation destroys the businesses next door.
Standard business liability coverage will take care of you in most situations, but when serious situations arise, commercial umbrella insurance
is an economical way to ensure that your business is protected.