Commercial Umbrella Insurance built for you
Commercial Umbrella or Excess Liability provides important blanket coverage in case of a catastrophic claim.
- Workplace Injury/death, auto accidents, construction defects, or other accidents can arise at any given point. The severity is random and an umbrella policy will protect your company and you personally in the event a catastrophic accident occurs
- Insurance Companies will only pay up to the limit of insurance. Once this limit is reached, you and your company will be responsible for the difference. In today’s ever changing word and the cost increasing, an umbrella policy could be the difference.
- “A” Rated Insurance coverage through nationally recognized carriers ensures fast claims service, excellent customer service, and competitive pricing.
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What does a Commercial Umbrella Policy cover?
Umbrella liability insurance protects your business beyond the limits of your general liability, employer’s liability, commercial auto, and HNOA insurance. When a claim surpasses your primary policy’s coverage, our Umbrella policy steps in, providing additional protection up to the policy limit. Stay secure with AJG Payroll’s comprehensive business insurance solutions.
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What businesses need Umbrella Liability Insurance?
While there are many small business owners that rely on umbrella insurance as an effective way to increase their liability coverage and protect their company, we see certain industries that use it most frequently:
- Cleaning businesses
- Auto shops
- Car dealers
- Manufacturers
- Retail stores
- Wholesale companies
- Real estate profesionals
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How much umbrella coverage do I need?
That depends on the size of your business, your business liabilities, and any existing contractual obligations you have with your clients.
For a detailed estimate, get in touch with us!
Additional benefits to choosing Payroll Service Pros for Commercial Umbrella Insurance
Financial Protection:
Avoid digging into your own pockets to cover excessive legal fees, settlements, and judgments.
Peace of Mind:
Operate with confidence knowing you have extra protection against unforeseen financial burdens.
Enhanced Risk Management:
Mitigate the risk of financial ruin caused by large lawsuits or claims.
Business Continuity:
Protect your business from potential closure due to high liability costs.
Attractiveness to Clients and Partners:
Demonstrates responsible business practices and financial stability.
We're the Commercial Umbrella Insurance Pros
Imagine your business thrives, but a lawsuit arises claiming damages exceeding your primary liability insurance limits. This could leave you financially exposed, facing significant costs and potentially jeopardizing your company's future. Commercial umbrella insurance acts like a backup plan, extending your liability coverage and providing peace of mind for business owners.
Commercial umbrella insurance is a valuable tool for businesses of all sizes. Remember, it's crucial to choose the right coverage level and understand your policy details to maximize its benefits.
Here's What You Can Expect It To Cover
- Bodily injury: Injuries to third parties caused by your business operations
- Employment practices: Discrimination, wrongful termination, or other employment-related claims
- Personal injury: Reputational harm or privacy violations inflicted on others
- Advertising injury: Damages caused by misleading or offensive advertising
- Property damage: Damage to third-party property caused by your business
