Why Buy Commercial Umbrella Insurance?
Your company’s general liability insurance may be unable to cover the costs of large liability lawsuits, including medical, legal, and other related expenses. Here the umbrella insurance policy kicks in to cover the costs that exceed your general liability coverage limits.
Commercial umbrella insurance, therefore, will help your business to survive in uncertain times. Buying excess liability insurance in Houston, TX is the right risk management strategy for companies to stay protected in unexpected situations.
Consider buying commercial umbrella insurance, TX if your business:
- Wants to protect its valuable assets during a lawsuit
- Risks exceed the general liability policy limits
- Frequently interacts with customers
- Is open to the public, facing high-exposures to risks and accidents that contribute to liability claims
- Uses someone else’s property
- Involves employees working in a setting where injuries are likely to happen
- Involves deliveries or requires a lot of driving, increasing the risk of road accidents