Umbrella insurance policy full#

You may also want to consider business interruption/loss of earning coverage to protect your earnings if your business is unable to resume normal activities as a result of a covered loss.

Commercial Property Insurance - Provides protection for your building and its contents from fire, vandalism, theft or smoke damage.

The Commercial Package Policy (CPP) provides tailored and flexible products that can include coverage for property, liability, crime and valuables when you need customized and optional coverages with variable limits.

A deliveryman suffered herniated discs requiring surgery and continuing medical treatment when he slipped and fell down the stairs of the defendant restaurant.

Plaintiff Verdict: $10,000,000ĭefendant pharmacy incorrectly filled a low-dose steroid prescription with a higher dose, resulting in diabetes, glaucoma and other serious injuries to a 43-year-old.

An 11-year-old died from an auto accident at a controlled intersection going into a neighborhood constructed by the defendant development company.Plaintiff electrician came into contact with a live wire at a construction site and suffered traumatic brain injury, determined to be the result of the electrical contractor's negligence.A tenant suffered burns to 60% of his body when the gas fireplace exploded in the apartment he leased from the defendants.When thinking about whether or not you need a commercial umbrella insurance policy for your business, consider the feasibility of one of these actual scenarios occurring involving your business: Talk with your independent agent about the liability and insurance needs of your business, so you can determine the right coverage for you, and whether it makes sense to have the added protection and benefits that come with a commercial umbrella policy for your business. It’s designed to provide protection over and above your current insurance policies, including general liability or business-owner's insurance.

Umbrella insurance policy full#

Your current insurance will protect your company against routine misfortunes – but it may not give you the full protection you need.Ī commercial umbrella insurance policy* protects your company against excess liability judgments for loss, injury or even death.

Today, lawsuits are occurring with alarming frequency, and monetary awards can be staggering.