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Should I Consider Umbrella Insurance For My Small Business?


Umbrella insurance is more than just an umbrella. It’s a complete business package that includes everything you need to protect yourself and your business against all hazards of the storms, floods, fires, theft, and vandalism that threaten to destroy your assets. Not only does it help you protect your assets, but it also protects them from any amount of loss too.


Umbrella Insurance Coverage

Now you can get comprehensive coverage from a single policy. With an umbrella policy, you can help protect yourself from bodily injury and property damage claims and even provide financial cover for your legal fees.


Four Conditions To Consider

As a small business owner, you might want to consider umbrella insurance if:


1. You want to sign a large client who requires more liability insurance.

2. You have a lot of contact with the public

3. Your company has many vehicles.

4. Your job is dangerous.


Importance Of Umbrella Insurance

Umbrella insurance is for any business whose risk is inevitable. Your business might be small but not at risk. Here are five importance of umbrella insurance:


1. It may be less expensive to purchase umbrella insurance than to increase the limits of existing liability policies.

2. You can expand to different types of policies under one umbrella policy.

3. Umbrella coverage can give you additional help in covering certain types of claims that your other liability policies may not cover.

4. If you deal with high-value people in your business, umbrella insurance is particularly useful for covering higher lawsuit settlements.

5. Umbrella Insurance gives you the general peace of mind that you have extensive coverage for all of your different policies.


How Umbrella Insurance Works

Umbrella insurance can provide coverage when home, auto, and boat policy limits are exhausted. It can also provide a full range of policies that may not be covered by other liability insurance and other forms of insurance.


You can take care of your business and customers in many ways. One of the easiest and most effective ways is by taking out umbrella insurance.


At Second Western Insurance Services, we do our best to ensure that our clients are well-protected with affordable and comprehensive policies. We make sure to go the extra mile to help you with your needs. To learn more about how we can help you, please contact our agency at (818) 952-5203 or Click Here to request a free quote.



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