Commercial Umbrella Insurance
Commercial Umbrella Insurance in Ansley, NE, Broken Bow, NE, and Kearney, NE
Extra Protection that Keeps You in Business.
Having insurance is only one part of the puzzle piece. Having enough insurance is another thing entirely. If you have insured your business, are you sure your limits will cover everything? All it can take is one major lawsuit to end up underwater and out of business.
A Commercial Umbrella policy is an overarching policy that can be the extra coverage you need. The limits of this policy are used to extend the limits covered by any of your other commercial policies. If you need extra commercial auto insurance for example, the umbrella policy could help cover any costs that your insurance doesn’t.
What Does Commercial Umbrella Insurance Cover?
Major lawsuits would be the most common reason to purchase an umbrella policy. The causes of these lawsuits are varied but could happen to any business – regardless of industry:
- Accidental falls or slips on your property
- A carbon monoxide leak in your building
- Libel, slander, or invasion of privacy
- If one of your products causes injury or illness
- If a fire in your building damages other property
- Violations of Employment Practices Liability
- If your business vehicle is involved in an accident
How Much Umbrella Coverage is Enough?
You can never be too careful when it comes to a possible accident and a resulting litigation. Fortunately, umbrella policies come in rather large limits so a small company can pay a simple premium in exchange for extremely generous liability coverage. Contact one of our agents to set up a meeting about how much coverage is needed for your business.