Commercial Umbrella Insurance
Today, corporate lawsuits are unfortunately all too common. Even sadder, a company's general liability insurance is often too small to cover all the related court costs, medical bills, and other expenditures related to the lawsuit. So, where do the remaining funds come from: your profits, your investors, your employees? Can your business even manage to stay afloat after a costly lawsuit?
Fortunately, a business umbrella insurance policy from Preferred Alliance Group can provide the coverage you need in excess of what your other typical commercial policies handle. In other words, in the event that a liability claim is large enough to exhaust the limits of the general liability, product liability, or commercial auto policy, your commercial umbrella coverage kicks in and handles the rest of your expenses.
A commercial umbrella insurance
policy also known as excess liability insurance covers a wide range of liabilities,including:
Personal injury liability
Vehicle liability, including aircraft & watercraft
Liquor law liability, and more
Business umbrella insurance also covers you in the case of excessive costs due to accident or theft on your commercial property.
While you hope to never experience a corporate lawsuit, a commercial umbrella insurance policy is your saving grace should a lawsuit happen.
The experts at Preferred Alliance Group will help you determine how much coverage you need at a price that's right for you.
Preferred Alliance Group
5606 Franz Road
Katy, TX 77493
Telephone - 281-392-2332
Fax - 281-391-1369
Email - Tom@preferredalliancegroup.com