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When to Consider Commercial Umbrella Insurance

Mark Jackson Insurance Agency

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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New Triple-I Issue Brief Puts the Spotlight on Georgia’s Insurance Affordability Crisis

Triple-I: Homeowners Insurance

Property damage liability claims per 100 insured vehicles are 15 percent higher, and relative body injury claims frequency is 60 percent higher. The five-year average count for liability claims increased 24.9 Rising claim frequency and litigation costs put coverage affordability and availability at risk.

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Help Protect Your Employees With Workers’ Comp

Mark Jackson Insurance Agency

You should consider general liability insurance and perhaps additional commercial umbrella insurance to protect your business in the event that your business is responsible for injury or harm to a non-employee, but workers’ comp is meant for providing coverage to your employees.

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How to Safely Secure Umbrellas at Hotels and Resorts

Distinguished

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.