If umbrella policies are good for individuals, then they are imperative for business. When a catastrophic liability loss occurs, an umbrella insurance policy can mean the difference between a business surviving, or not.

The rising costs of lawsuits and judgments are important for today's business owner to consider. Catastrophic liability losses can happen to any business at any time, and a commercial umbrella policy protects you when those losses exceed your basic liability coverage. The time and effort you have taken to build your business is too important for it to disappear after one unforeseen event.

Commercial Umbrella Insurance
Commercial Umbrella insurance helps you protect your assets by providing liability limits above and beyond your other insurance policies. In some cases, it even broadens your protection. Due to the unpredictable nature of jury awards, Gaines Insurance recommends that your business insurance program include this coverage.

What is Excess Liability Coverage?
This coverage provides extra liability limits over an Umbrella policy. This coverage typically follows the terms of the first underlying insurance policy.

Who needs Excess Liability Coverage?
Higher limits may be necessary for businesses with high loss potential, high profile, sizable sales, numerous assets, large auto fleets, worldwide presence, and/or significant public exposure.

Talk to Gaines Insurance about your business operations. We can advise you on what kind of liability coverage you need to protect yourself and your company. Give us a call and we’ll help make sure you’re covered.