A Commercial Umbrella is Definitely Worth Discussing
Commercial umbrella insurance provides additional protection when a claim exceeds insurance limits on an underlying policy. For a single premium, umbrella liability policies can add another layer of protection to most other policies that you might hold, including general liability, commercial auto and employer's liability policies.
Commercial Umbrella insurance is generally the most cost-efficient way to get higher policy limits on most other Connecticut business insurance policies. However, umbrella liability insurance does not extend the coverage limits on an errors and omissions or professional liability policy.
Commercial umbrella insurance is generally the most cost-efficient way to get higher policy limits on most other Connecticut business insurance policies. However, umbrella liability insurance does not extend the coverage limits on an errors and omissions or professional liability policy. No matter the size of your company, your business faces the potential of a claim arising from an unforeseen event. Commercial umbrella policies help protect your assets by providing substantial liability limits over and above your other polices.
If you own a business in Connecticut and want to make sure you are covered for risks that can potentially exceed the limits on an existing business insurance policy, contact an agent at Petruzelo Insurance.