Are your assets adequately protected? To run a successful business in today’s society, you need more than energy, vision & talent. You also need protection. At a time when $1 million settlements are common, your business could be the target of a lawsuit at almost any time. Losses from claims may exceed the limits of your insurance or fall outside the scope of your existing coverage. And many claims are not reported for years, making today’s losses much more costly when they have to be paid in tomorrow’s dollars.

To protect against such eventualities, many businesses purchase Umbrella Liability to provide extra protection against catastrophic losses that exceed the limits of liability insurance provided by their underlying policies.

When selecting liability limits, work closely with your independent agent to ensure that your liability coverage is adequate and takes into account inflation, the effects of delayed claims, and the potential impact of large lawsuits and settlements.