Commercial Umbrella Insurance

What is Commercial Umbrella Insurance, and Do I Need It?

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Commercial umbrella insurance gives your businesses an added layer of liability coverage on top of your regular coverage when unexpected and threatening costs from claims come your way. This extra liability coverage helps when the cost of a claim goes beyond what is covered under a primary policy. It extends coverage to things your current policies do not cover and further protects your assets.

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Businesses that need commercial umbrella insurance but forego this added coverage are left vulnerable to potentially exorbitant costs from medical bills, legal fees, and damages.

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Speak to an ABCO advisor to discuss where your business is vulnerable to risk and get the extra coverage you need.

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What’s at Stake?

• Company liquidity

• Company reputation

• Market share

 

Most Costly Claims:

• Customer injury or damage

• Fire damage

• Product liability

• Reputational harm

• Vehicle accident

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