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When Commercial Umbrella Insurance Becomes a Necessity

Mar 19, 2019

Uncategorized

When Commercial Umbrella Insurance Becomes a Necessity

Secure the comprehensive liability protection that your business needs.

As a business owner, you know that some of the most serious risks that your company faces have to with liability claims.  This is why you have the right general and professional liability policies in place.  However, all insurance policies have limitations, including commercial insurance in Los Angeles, California.  Fortunately, you can ensure that the limits on your existing liability policies do not create dangerous coverage gaps by securing a commercial umbrella policy.  Here's what you need to know about this essential type of coverage.
  • What does commercial umbrella insurance cover?
Commercial umbrella insurance provides excess liability coverage for businesses.  When your business faces an extensive liability claim that your standard liability policies cannot cover, your umbrella policy will kick in and offer the coverage that your business needs.  To see commercial umbrella insurance at work, imagine that a customer injures themselves while on your business's property.  The chances are that this will turn into a major liability issue for your business.  If the cost of the claim exceeds the coverage limits on your standard liability policies, then your umbrella policy will step in.  Your umbrella insurance will cover the remaining cost of the claim and ensure that your business's assets are not compromised.
  • Do I really need this coverage?
While commercial umbrella insurance is not a mandatory coverage, many business owners see it as an essential type of policy to have.  This is because investing in a commercial umbrella policy is the best way to fill your business's liability coverage gaps and get your business the comprehensive insurance protections that it needs to stay safe. This is why you need to secure a commercial umbrella policy for your business.  Do you need help securing the right commercial insurance in Los Angeles, California?  If so, then contact the experts at Fuller Insurance Agency in Southern California.  Our dedicated team is eager to get you the coverage that you need today.
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