You may need additional commercial insurance protection if your existing liability insurance policy cannot cover all expenses. This type of insurance is called umbrella liability insurance. Business umbrella insurance provides additional protection where your existing policy leaves off.
Hopefully you will never find yourself in the position of needing your business insurance policy. But in the scenario where you do, umbrella liability insurance gives your business another layer of protection. Excess liability policies add additional coverage to your general liability insurance. Umbrella liability insurance will help ensure that your business is protected.
If you are looking for the most affordable way to get higher policy limits on small business insurance policies, excess liability insurance is generally the route to take.
For information on how Umbrella Liability Insurance can help your business in VA, MD, or DC, contact TriState Business Insurance.