What is Commercial Umbrella Insurance?
Commercial Umbrella Insurance provides businesses with additional liability coverage to help protect them against the potentially ruinous costs of claims. Significant assets can be at risk when businesses are the target of lawsuits. If the cost of a claim exceeds the limits of a business’s underlying primary insurance policies, Commercial Umbrella Insurance extends liability coverage for an additional layer of insurance to further protect business assets. Without Commercial Umbrella Insurance, business owners could be obligated to pay out of pocket for legal fees, medical bills, and damage expenses that exceed the limits of their underlying primary business coverages.
To help get the added protection your business needs, get a quote on Commercial Umbrella Insurance today.
What does Commercial Umbrella Insurance cover?
A Commercial Umbrella Policy increases business liability protection when the costs of a lawsuit exceed the limits of the primary underlying business liability coverage. So, a commercial umbrella insurance policy will help protect a business when accidents such as the following happen:
- A customer slips on a wet floor in your office and injures himself. The medical costs of the injuries exceed your general liability policy’s limits.
- An advertising error results in major lawsuits against your business with costs that exceed your primary business liability insurance coverage limits.
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Quality commercial insurance coverage protects a business from many liability issues. Contact Josh Jackson and Jake Jackson at Jackson Insurance Solutions in Albuquerque for information on all of the business insurance lines we offer.
Business Liability - Commercial Auto - Professional Liability - Workers Compensation - Property Insurance - Commercial Umbrella - Directors & Officers Insurance - Cyber Liability Insurance - Builders Risk
Commercial Insurance Specialists
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An Independent insurance agency for the State of New Mexico
Jackson Insurance Solutions provide commercial line insurance for the state of New Mexico serving the communities of Albuquerque, Rio Rancho, Edgewood, Tijeras, Cedar Crest, Sandia Park, Golden, Madrid and Cerrillos.