Commercial Umbrella Insurance Coverage

Bonano Insurance06 Jul, 2024Legal

Commercial umbrella insurance coverage can provide crucial protection in a variety of scenarios, including catastrophic accidents: In the event of a serious accident involving my business, such as a multi-vehicle collision or a major workplace incident, commercial umbrella insurance can help cover the extensive damages and liability costs. Product liability claims if a defective product I manufacture or sell causes injury or property damage, commercial umbrella insurance coverage can step in to cover the costs of lawsuits and settlements that exceed my primary product liability coverage.