Business Insurance Coverage

As business owners, we understand the special protections businesses need to prosper. Whether your business is big or small, simple or complex, we have the special knowledge an expertise to identify ways to properly insure your business.

Check out this article on Umbrella Coverage -

Do you need this coverage for your business? Find out why it is important.

Umbrella Losses Affect Small Businesses

Regardless of the business type, companies of all sizes can experience losses that call for an umbrella policy.
According to the U.S. Chamber of Commerce, small business owners pay more than $35 billion per year in out-of-pocket court costs for claims that exceed what their primary insurance covers.
- U.S. Chamber Institute for Legal Reform. “Tort Liability Costs for Small Business.”

Are You Buying Enough Umbrella Coverage?

Consider an accident with four injuries and no one returns to work.
Each injured person earns $50,000 per year and is 35 years old.
Each has 30 years left in the workforce.
This could amount to at least $6 million in lost wages and between $15 million and $20 million in potential loss.