EXCESS LIABILITY INSURANCE
Every business is vulnerable to a major catastrophe or a huge lawsuit. Think about some of the devastating losses you’ve heard about recently, or the large settlements that are awarded in courts. Some of these losses could exceed your primary liability insurance coverage unless you protect your business with excess liability insurance, also known as umbrella insurance.
Excess liability insurance policies provide additional liability insurance coverage after the limits of your underlying policies are reached. These underlying policies include general liability, auto liability, employer’s liability (workers compensation), employee benefits liability and more.
Excess liability insurance is important because it covers unexpected events. It’s generally inexpensive and can save your business.
Contact Shorepoint Insurance Services for a quote today.