At JLA Insurance Group, we recommend that every #business consider a Commercial #umbrella policy when working with us to build a commercial insurance program.
Why? No matter the size of your business, there are risks that you are exposed to. From vehicles to your daily operations, if you caused a serious injury or damage to property, a lawsuit could arise. If and when that lawsuit exceeds your underlying policy limit (usually $1 million), then without an umbrella, you are on your own. This could put you out of business depending on the severity of the claim. Here is a short 2-minute video overlooking this idea provided by one of our many insurance markets, Central Insurance.
At JLA Insurance Group, we are always providing an option to purchase an umbrella policy for a more complete commercial insurance program. We highly recommend purchasing these because the last thing you want to hear is that you have to pay out of pocket for a claim that would have cost from $500 to $2,500 in insurance premiums (depending on the class of business, limit, and retention limit selected).
If you need assistance with your commercial insurance, please contact us today! The reason we chose to be an Independent Insurance Agency is so we can provide you with multiple options. We recognize that everyone's situation is different and the ability to contact multiple insurance carriers helps us tailor a policy specifically for you. Our team is waiting to provide expert guidance and advice.