Posts Tagged ‘excess liability’
Excess Liability or Umbrella Policy-what does your business need?
Most General liability policies issued today have an occurrence limit of $1,000,000.00 or $2,000,000.00and commercial auto policies typically have limits of $500,000.00 to $1,000,000.00, but is that sufficient in today’s litigious environment? (Read more) As a business owner if you don’t feel these liability limits are adequate based on a myriad of variables (does your…
Read MoreExcess Liability or Umbrella Policy – What Does Your Business Need?
Most General liability policies issued today have an occurrence limit of $1,000,000.00 or $2,000,000.00 and commercial auto policies typically have limits of $500,000.00 to $1,000,000.00, but is that sufficient in today’s litigious environment? As a business owner if you don’t feel these liability limits are adequate based on a myriad of variables an umbrella policy…
Read MoreDon’t Forget Your Umbrella…Insurance, That is…An Added Layer of Protection
Accidents happen. Even small businesses and small contractors need added protection against catastrophic liability loss. Consider a hypothetical scenario in which Handyman Hal is going about his usual daily business of contractor remodeling. Hal runs out of drywall tape on the job. While driving to the local hardware store to purchase additional tape for the…
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