Owning a business is a difficult task. As a business owner, you worry for the future of your company. In addition to making sure the company is growing, you must also plan for mistakes or accidents that could potentially devastate your business. The best way to deal with a potential lawsuit is through umbrella or excess liability insurance.
Umbrella or excess liability insurance will cover your business from catastrophic issues that threaten its security. An excess liability insurance policy acts as an umbrella to your basic liability insurance. This type of coverage kicks in when a claim is made against you that exceeds the amount of your existing liability coverage. Umbrella liability insurance provides a safety net when your other business coverage has been exhausted.
Give your business the coverage it needs with umbrella insurance from Risk Management Partners.