Excess Liability Insurance for Agri-Business
Excess Liability Insurance, or Umbrella Liability Insurance, is needed for all businesses to mitigate risk in the event of a catastrophic loss. An Excess Liability policy covers your business should a claim be filed against your company that exceeds the limits of your existing liability coverage. For example, if your general liability policy covers $1,000,000 and a $1,500,000 claim is brought against you, an Excess Liability policy could take effect.
In addition to protection of general liability coverage, Excess Liability Insurance may add to commercial auto and workers’ compensation policies.
Different companies require various amounts of coverage, but Excess Liability coverage is important for all businesses. We live in a society where lawsuits are common and judgments can be huge. You’ve worked hard to get where you are, and you have a lot to look out for. You deserve the right policy at the right price.