Saturday, November 25, 2017
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Umbrella Insurance

 

Umbrella insurance extends your coverage beyond the limits of your basic business liability insurance.

 

For example, if you have several people injured on your property and you have a liability policy with a limit of $1,000,000, but the total medical expenses are $1,500,000, your umbrella would cover the $500,000 in excess of your basic policy.  

 
Umbrella insurance policies are generally inexpensive to add.