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MAY 2, 2025
Protect your business from large claims and rising legal costs with commercial umbrella insuranceextra coverage for todays expanding liability risks. The post What is Commercial Umbrella Insurance? appeared first on Central Insurance Blog.
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SEPTEMBER 25, 2024
Business meeting at a conference table by Fauxels In the complex world of business operations, unforeseen events can lead to liabilities that exceed the limits of your existing insurance policies. Commercial umbrella insurance kicks in when those limits are reached, providing the extra coverage needed to handle high-cost liabilities.
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He received $245,000 in a settlement with the resort after the court found the umbrella was not properly secured to withstand a gust of wind. Commercial Umbrella insurance provides extended Liability coverage and steps in after the limits on the General Liability policy have been exhausted.
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