You have worked hard to get where you are, and you have a lot to look out for. A commercial umbrella or excess liability insurance policy from Childress Insurance Agency could be the difference between continuing to grow your business and having to file bankruptcy. In today’s litigious society, liability awards often involve millions of dollars. Any business can find themselves in this situation.
A commercial umbrella insurance policy provides an extra layer of protection over your general liability, commercial auto policy, and worker’s compensation. Commercial umbrella insurance covers what we can’t always predict and is one of the most important policies that you can purchase. For example; if an automobile accident results in the death or severe injury of an employee, customer, or third party, you could easily exceed the limits of your typical liability policy. The commercial umbrella or excess liability insurance could pay when the underlying policy limits have been exhausted.