Commercial Umbrella Insurance for Your Small Business

commercial umbrella insurance

Commercial Umbrella Insurance for Your Small Business

Does your small business need commercial umbrella coverage?

If you are a small business owner, then you probably already have standard business insurance in Orange, California. While having standard coverages such as commercial property and general liability are a great way to keep your business safe, there still might be gaps in your coverage.  If you want to address these gaps, then you might want to consider investing in commercial umbrella insurance.  Here’s what this policy can do for your business.

What Is Commercial Umbrella Insurance?

This type of policy offers excess liability coverage to help businesses protect against particularly extensive claims.  If your business faces a claim that exceeds the coverage limits of your existing policies, then umbrella insurance will provide an additional layer of coverage.  Essentially, if a claim exceeds your limits, then your umbrella insurance would step in and pick up where your limits stopped.

What Does It Cover?

As previously mentioned, commercial umbrella insurance provides excess liability coverage.  For instance, if a customer slipped and injured themselves on your business’s premises, then this could result in a liability claim.  If the injured customer’s medical costs exceeded the coverage limits offered under your standard liability policy, then your umbrella insurance would kick in and cover the remaining cost of the claim.

Does My Business Really Need It?

While umbrella insurance is not a mandatory commercial coverage, it is still a policy that you should consider investing in.  If you fear that you have gaps in your business’s insurance, then umbrella insurance is the best way to address these gaps.  Ultimately, if you want to ensure that your business has the comprehensive coverage it needs, then you should get a commercial umbrella policy.

Want to learn more about commercial umbrella insurance or interested in getting the right business insurance in Orange, California?  Then don’t hesitate to contact us at Remland Insurance.  Our dedicated team is ready to get you the coverage you need today.