Residents in the greater Tucson, AZ area can count on The Insurance House for all of their commercial insurance needs. If you own a local business and want to ensure that you have the right coverage, schedule a consultation today!
Benefits of commercial umbrella insurance
The most significant benefit of commercial umbrella insurance is the additional protection that it provides. Commercial and property insurance policies typically come with policy limits. This means that once your limit is reached and the policy is exhausted, the business owners are likely responsible for any additional losses.
When there is an umbrella policy in place, it moves into the primary position when the commercial policy is maxed out. Therefore, when there is an umbrella policy in place, coverage can shift seamlessly from the original commercial policy to the umbrella policy.
If you are unsure if your current commercial policy provides the coverage your company needs, now is a perfect time to review your policy. As a company grows and becomes more valuable, it is quite common that its insurance needs will also grow. Don’t wait until it’s too late to find out that your business doesn’t have the protection it needs!
Meeting with your local agent is an effective way to review your current coverage and compare it to your current needs. In fact, we find it advisable for business owners to have an insurance portfolio review at least once a year.
Don’t delay, protect your business today!
The Insurance House team is here to help the business community of Tucson, AZ with all of its insurance needs. If you would like to find out more about the commercial insurance options available in our area, call and schedule a consultation today.