It is no easy feat to own a business, no matter the size of your company. In the uncertain economic times that we are facing, you may likely worry about what would happen if your company went out of business. On top of getting everything squared away so that your company can continue growing, you also need to have plans in place in case accidents or errors of some sort occur that could possibly put an end to the business you have worked so hard for. When it comes to things like costly legal battles and angry customers, the best way to protect yourself and your business is through umbrella or excess liability insurance.
Umbrella or Excess Liability insurance provides coverage for your company against disastrous and high-impact risks that could put you out of business. Similar to a personal umbrella insurance policy, excess liability insurance policies for businesses behave like an umbrella to your standard liability insurance. Excess liability coverage takes effect in a situation where the dollar amount of your basic liability coverage is exceeded by a claim made against your business. In this manner, umbrella liability insurance keeps you guarded against the potentially disastrous consequences of a scenario in which your other business liability coverage has been exhausted.
Your business deserves the kind of coverage it will get with an umbrella insurance policy from Sampson Insurance. Give us a call today for more information or fill out the free, no obligation quote form to receive a fast quote.