Why You Need Commercial Umbrella Insurance

Even with robust primary liability coverage, certain claims can exceed the limits of your policies. These high-stakes situations can put your business assets, operations, and future at risk. Commercial Umbrella Insurance ensures that your business remains protected against unforeseen claims that could otherwise disrupt operations.

Here are some key features of our service:

Extended Liability Coverage:

Commercial Umbrella Insurance offers coverage beyond your standard policy limits, ensuring additional protection when you need it most.

Customizable Options:

We tailor our policies to suit your business’s unique needs, providing you with the most effective coverage.

Broad Coverage Scope:

Umbrella policies cover a wide range of incidents, including bodily injury, property damage, and legal defense costs.

Peace of Mind:

With umbrella insurance, you can focus on running your business, knowing you’re protected from unexpected financial burdens.

How Does Commercial Umbrella Insurance Work?

Commercial Umbrella Insurance serves as a vital safety net for businesses, covering liabilities that exceed the limits of standard policies. For instance, if a legal claim totals $1.5 million and your general liability policy covers only $1 million, Umbrella Insurance covers the remaining $500,000, preventing financial strain. This coverage extends beyond general liability to include auto and employer’s liability policies. It also fills gaps in primary policies, protecting your business from unforeseen risks.

Get a Quote Today

Securing the right commercial property insurance is crucial for protecting your business’s future. Contact Tooher-Ferraris Insurance Group today to learn more about our comprehensive insurance solutions and to get a customized quote.

Call us at (203) 834-5900 or fill out our online quote form to get started.

Frequently Asked Questions (FAQs)

What does Commercial Umbrella Insurance cover?

Commercial Umbrella Insurance covers claims that exceed the limits of your existing liability policies, including general liability, auto liability, and more.

Is Commercial Umbrella Insurance necessary if I have comprehensive business insurance?

Yes, it provides additional coverage for high-stakes claims, protecting your business from financial ruin.

How much coverage do I need?

The amount of coverage depends on the size of your business, the industry you’re in, and the risks you face. Our experts at Tooher-Ferraris can help you determine the appropriate level of coverage.

What factors influence the cost of Commercial Umbrella Insurance?

Costs are influenced by your business size, industry, claim history, and the amount of coverage you choose. Our team can provide a detailed quote based on your specific needs.

How do I file a claim?

Tooher-Ferraris offers seamless claims support. Contact our team, and we’ll guide you through the process step by step.

Can small businesses benefit from Commercial Umbrella Insurance?

Absolutely. Small businesses can face large claims, and an umbrella policy can provide essential protection against these potential risks.

The Tooher-Ferraris Difference

At Tooher-Ferraris Insurance Group, we don’t just sell policies; we build long-term relationships with our clients. We understand that every business is unique, and we take the time to get to know you. Our Risk Synergy® approach ensures that you receive a comprehensive, competitively-priced solution that fits your specific needs.

Securing Commercial Umbrella Insurance with Tooher-Ferraris is simple. Contact our team for a personalized consultation, and we’ll guide you through the process of selecting the right coverage for your business.

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