It's an extra blanket of protection over your business policies, in case you go over your limits. If anything unfortunate and unplanned happens that causes you to go over your payout limits, this policy helps cover the excess costs that you would otherwise pay out of pocket. From a financial standpoint, it's a smart move to have Umbrella Insurance so that you aren't paying anything personally, especially as your business grows.
"Fort Collins Insurance has been an absolute pleasure to work with! Ryan is super friendly and has gone above and beyond to help our family work out the details of our policies! Ryan helped us get the right coverage that works for our needs! Excellent customer service and highly recommended!"
If you have an Umbrella Commercial policy, and there was an incident that needed you to payout $900,000, but your liability coverage is only $500,000, the liability would pay out first, and then your Umbrella policy would pick up that remaining $400,000. Imagine the piece of mind, knowing that you don't have to pay that personally!
You'll want to contact us to go over your customized options when it comes to your Umbrella quote. This may be cheaper than expected to get coverage, because it depends on things like size of your business, what coverage you already have, and your industry. For the best Commercial Umbrella Insurance in Fort Collins, give us a call at 970-204-4553.