San Antonio Business Umbrella Insurance
by Global Insurance Agency
Commercial Umbrella Insurance: Crucial Business Coverage
If you own a small business, you might occasionally wonder if your existing insurance coverages are enough to fully protect you against a liability claim.
As rewarding as owning a business can be, there’s so many things to consider when it comes to picking comprehensive coverage.
San Antonio Business Umbrella Insurance from Global Insurance Agency provides businesses with additional liability coverage to help protect them against the potentially ruinous costs of claims. 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.
Umbrella Liability Insurance: Extra Coverage When Accidents Happen
Carrying general liability insurance is a responsible move, but every business needs coverages above and beyond these basic policies.
In most situations, standard business liability coverage will be able to take care of you. But when serious situations arise, umbrella liability insurance will help ensure that your business is protected. A commercial umbrella insurance policy will help protect a business when accidents such as the following happen:
- A customer slips on a wet floor in your office and injures himself. The medical costs of the injuries exceed your general liability policy’s limits.
- An advertising error results in major lawsuits against your business with costs that exceed your primary business liability insurance coverage limits.
While no one wants or truly expects accidents to happen, they do—and people sue over them; it’s just an unfortunate fact of life.
