Umbrella/Excess Liability Insurance

pig with umbrella insuranceWhat a commercial umbrella policy can do for YOU

A customized business umbrella policy picks up where your business auto liability, general liability or other liability coverage stops. Umbrella insurance is an inexpensive way to provide extra coverage against bodily injury lawsuits and/or property damage.

For example, if your current policy covers you for $2 million and you are successfully sued for $2.5 million, your business umbrella coverage can pay the outstanding $500,000—much less painful than having it come out of your business profits or at the expense of your personal assets. Not bad for a couple hundred dollars a year, right?

Property insurance versus liability insurance

As a business owner, you can put a value on the property you have at risk, but there is no way to predict the amount of damages you may be held liable for as the result of a catastrophic accident. If, for example, you were found responsible for a fire at your place of business that injured several people, the damages could easily be in the millions of dollars.

Matich | Vukovich takes the time to explore all of your options and has dozens of companies with which they work to ensure you have the right umbrella coverage for your particular business.

To find out more, contact us today or follow this link to receive a quote.