Owning a business is a difficult task. As a business owner, you worry for the future of your company in a time when many businesses are going under. In addition to making sure the company is growing, you must also plan for mistakes or accidents that could potentially devastate your business. The best way to deal with an unsatisfied customer and a potential lawsuit is through umbrella or excess liability insurance. Umbrella or excess liability insurance will cover your business from catastrophic issues that threaten its security. An excess liability insurance policy acts as an umbrella to your basic liability insurance. This type of coverage kicks in when a claim is made against you that exceeds the amount of your existing liability coverage. Umbrella liability insurance provides a safety net when your other business coverage has been exhausted. Your basic insurance policies are essential for your business’s survival. They offer your company a blanket of security with so many risks and dangers working toward bringing you down. But unfortunately, these coverage options will only you cover you to a certain extent. Give your business the coverage it needs with umbrella insurance from Insurance Solutions. Contact us right now for more information or fill out the free, no obligation form to receive a fast quote.

Excess insurance is additional liability protection above an Umbrella Liability policy that follows the terms and conditions of the Umbrella, whether or not it is placed with Chubb. This policy can provide significant limits that enable a company to construct an excess liability program with fewer carriers and consequently less concern over potential coverage differences.

Commercial Excess Liability policy affords a variety of benefits:

Consistency by following the provisions of the policy designated by the insurer regardless of its position in the layered excess program. The application of limits is consistent with the underlying program. For example, if all underlying insurance limits apply per location, per jobsite or per policy, so will the Chubb excess. Pays on behalf of the insured, it is not a reimbursement policy. Failure to maintain underlyinginsurance does not invalidate the policy. Coverage responds directly over reduced or exhausted underlying insurance limits when all other applicable underlying insurance does the same.

For more information call us today at 888-438-2683 or click on the Apply Now! button at the top of the page for free evaluation.