As a business owner, you have to think of every detail. You’re practically obsessed with them. You know, better than most, that the smallest details can make a big difference in your business.
Did your employee greet a customer the right way? Was table five happy with their special request meal? Are you using the right vendors See? You’re stuck on details. And rightly so.
There’s a good chance you’ve already been over your insurance policies with a fine tooth comb. And if you haven’t yet, don’t wait another second. We’re ready to sit down with you to make sure you have exactly what you need.
But there’s one type of insurance coverage that even the most focused business owners can overlook – a Calinfornia commercial umbrella insurance policy. This type of insurance does exactly what it’s name implies - it covers you in your time of need the same way an umbrella covers you in a rain storm. Instead of providing insurance coverage for a specific incident like a damaged sign or an auto accident, umbrella insurance is used when your standard coverage isn’t quite enough.
How does a California comercial umbrella insurance policy work?
Let’s say a customer gets hurt on your property. They’re severely injured and have extensive medical bills. Even though your insurance is taking care of the claim, the customer decides to sue. In the end, your legal fees and settlement come to $1,500,000. There’s a problem. Your general liability policy limit is $1,000,000.
Where are you going to get half a million dollars?
Without an umbrella insurance policy, you’ll pay that money out of pocket. But with umbrella insurance, your claim will be paid up to your policy limit. Like a physical umbrella, you’re covered when you need it most.
If you care enough about your business to make sure you have the perfect policies for your specific and individual needs, make sure you add a California commercial umbrella insurance policy, too. It’s not always enough to have coverage if, after an accident, you still have to pay out of pocket. You’ve worked too hard to build your business to lose it over a single claim.
Here at Partee Insurance, we’re ready to help you find the right insurance coverage to meet your unique business needs. We also want to shelter you from the storms as much as possible. Let us help you put together an insurance policy that includes umbrella coverage so you know that you won’t be left out in the cold because of a single claim.