Umbrella Liability

Umbrella Liability  

Overview

An umbrella policy can be the most affordable way to get higher policy limits on several other small business insurance policies. A single unfortunate event could put your business assets at risk if the cost of a covered claim exceeds the limits of your business liability insurance. Umbrella insurance kicks in once other insurance coverage is exhausted.

 

The number of customers, suppliers, partners, and other business associates that business owners come into contact with every day means that you simply face more opportunities for lawsuits than the average person. People are more prone to sue a company now than ever before, particularly when it’s perceived to have deep pockets. An umbrella policy offers an extra safety net, at an economical rate, in case one of those people brings a costly lawsuit.  

What coverage is right for your business?

A Marsh account manager will help assess your business and recommend solutions for new and emerging risks you may face.

FAQs