Dependable Commercial Umbrella Coverage for San Diego Agencies
Most business owners never expect to incur losses that exceed the coverage of their general liability policies. However, some accidents aren’t covered by general liability, commercial vehicle insurance, or other liability policies because the financial impact is too great. This is where commercial umbrella coverage from Tri-Star Insurance in San Diego, CA, comes in. If a claim being made against your business exceeds the limits of your primary liability policies, business umbrella insurance can extend your agency’s coverage. Without this extra insurance, your business could be responsible for covering legal fees, medical bills, damage expenses, and much more.
Commercial Umbrella Insurance Provides Extra Financial Protection
The commercial umbrella policies American Tri-Star provides serve a few purposes for San Diego businesses. They are designed to keep assets from being exposed and prevent financial ruin. One important benefit these policies offer is the option to expand the limits of your business’s existing liability coverage. For example, if your general liability policy only offers $1,000,000 per occurrence, a business umbrella policy gives you the opportunity to double or even triple that amount. Commercial umbrella liability insurance can also broaden your coverage. If your commercial auto insurance only covers accidents within a limited area, a commercial umbrella policy can change that to a wider territory.
What Your Business Needs to Receive Commercial Umbrella Coverage
When contacting American Tri-Star of San Diego to discuss your options for commercial umbrella insurance, you’ll need to provide some information to help us customize your quote and ensure you receive the coverage you need. This information includes, but is not limited to:
- A record of your agency’s prior losses
- Copies of the declaration pages of your general liability and commercial auto insurance policies
- A breakdown of your annual payroll and a list of full-time and part-time employees
- Your business’s financial and operational details
You should also let us know if you currently carry liability for employment practices, errors and omissions, and directors and officers because business umbrella insurance can also extend these types of coverage.
Large losses can have ruinous results for the business you’ve worked so hard to build, but the umbrella insurance we offer at Tri-Star San Diego can protect your assets and add coverage wherever you need it most. Contact us today at 619-272-2100 and a qualified agent can begin customizing your quote.