The Main Benefits of Commercial Umbrella Insurance

Neff & Associates Insurance Services Inc is proud to serve the commercial insurance needs of the greater Pismo Beach, CA community. If you are a business owner in the area, it makes sense to take a look at the umbrella insurance options that are available. Primary commercial policies are often insufficient to cover all of your needs should a catastrophic event happen. A commercial umbrella policy can bridge any gaps that there may be in your current policy and help you prepare for the unexpected.

Benefits of a Commercial Umbrella Policy

A primary policy has limits, and once you reach that level for a claim, your coverage can end. If you have a major covered event that taps out your primary policy, an umbrella policy will help you fill the gaps. 

Business owners often have frivolous lawsuits brought against them, and a successful slip and fall claim, for one example, can be enough to exhaust your primary insurance coverage. Umbrella policies kick into action to cover any shortfall from your primary policy, thus minimizing the potential for personal financial responsibility. No one wants their business to be adversely affected by an event when there is protection available.

Don’t get caught with insufficient insurance coverage! The success of your business can be negatively affected if you don’t have the proper coverage. Take a look at your current insurance portfolio and determine if an umbrella insurance policy makes sense for you and your company!

If you are a business owner in the greater Pismo Beach, CA area, now is a great time to review your commercial insurance. The team at Neff & Associates Insurance Services Inc is here to ensure that your commercial insurance portfolio is sufficient. Don’t leave your business unprotected, find out more about commercial umbrella insurance today!