Why Your Business Needs a Commercial Umbrella Policy #shorts

Commercial umbrella insurance provides an additional layer of protection for business owners, extending coverage beyond the limits of their existing liability policies, such as general liability, commercial auto, and workers' compensation insurance. It kicks in when the costs of a lawsuit, medical expenses, or other liability claims exceed the limits of these primary policies, safeguarding the business's assets and ensuring its financial stability in the face of potentially devastating claims. This extra layer of insurance is crucial for businesses to protect against unforeseen, high-cost incidents that could otherwise jeopardize their financial health and operational continuity.

#businessinsurance #businessowner #business