Commercial Umbrella Policies

If umbrella policies are good for individuals, then they are imperative for business. When a catastrophic liability loss occurs, an umbrella insurance policy can mean the difference between a business surviving, or not.

The rising costs of lawsuits and judgments are important for today’s business owner to consider. Catastrophic liability losses can happen to any business at any time, and a commercial umbrella policy can protect you when those losses exceed your basic liability coverage. The time and effort you have taken to build your business is too important for it to disappear after one unforeseen event. Contact Jeff Munns Agency, Inc. today about a commercial umbrella insurance policy.

Protect your business from the unknown. Whether you are located in Lincoln, NE or in Nebraska, Kansas, Iowa, South Dakota, Missouri, Minnesota, Tennessee, or Wisconsin, let our agency help your business find the right commercial umbrella policy!

Here is what you need to know

What Is Excess Liability Coverage?

A Commercial Umbrella Policy is a type of Excess Liability Coverage. This coverage provides extra liability limits over an Umbrella policy. This coverage typically follows the terms of the first underlying insurance policy.

Who Needs Excess Liability Coverage?

Higher limits may be necessary for businesses with high loss potential, high profile, sizable sales, numerous assets, large auto fleets, worldwide presence, or significant public exposure. However, due to the unpredictable nature of court cases and jury decisions, this type of coverage could really benefit any company, big or small.

Informational statements regarding insurance coverage are for general description purposes only. Read our disclaimer.