Commercial Umbrella Insurance In Naples
If you own a small business, you might occasionally wonder if your existing insurance coverages are enough to fully protect you against a liability claim. Maybe you feel like something's missing—almost like you've forgotten something. Maybe you sometimes worry about it. If your business was judged legally liable for an accident on your premises and ordered to pay, would your general liability insurance be enough? That's where commercial umbrella insurance comes in.
Why would I need personal umbrella insurance?
If a guest in your home suffered an injury and sued for damages, a legal award could easily exceed the coverages provided by standard homeowners insurance. The same goes for standard car insurance if another driver, other passengers, or even your own passengers were injured in a wreck wherein you were driving. The same holds true for watercraft insurance, too.
do I need commercial umbrella insurance?
The simple truth is this: If a customer or even an employee suffered a significant injury on your premises and you were judge legally liable, your existing coverages could become depleted in the ensuing payout. If you run out of coverage, but still owe a significant portion on the judgement, who pays the rest? If you don’t want that responsibility to fall on your shoulders, then yes you need commercial liability insurance.
When would commercial umbrella help me?
Carrying general liability insurance is a responsible move, but every business needs coverages above and beyond basic policies. That's where commercial umbrella insurance comes in.
Umbrella liability insurance protects you when accidents happen, and your existing liability insurance policies cannot cover all expenses. In most situations, standard business liability coverage will take care of you. But when serious situations arise, umbrella liability insurance will help ensure that your business is protected. While no one wants accidents to happen, they do—and people can sue over them.
How much does commercial umbrella insurance in naples cost?
The cost of commercial umbrella insurance in Naples, FL varies depending on your agreed-upon values of the policy, chosen deductibles, insurability, and other factors. To request a free commercial umbrella insurance quote, feel free to call us at (239) 353-3500 or fill out our online form.