Commercial Umbrella Insurance is critical to your business
It’s in the news. You hear more and more about massive jury awards that result in a business’ financial ruin. Most business owners never expect to encounter a loss that exceeds the limits of the coverage they have to manage accidents, mistakes, and injuries—also known as liability insurance—but unfortunately, in today’s business environment, it happens too often. This is where Commercial Umbrella Insurance comes in.
A large loss could impact the business success you’ve worked so hard to achieve and destroy your hopes for a bright future.
Thompson Insurancecan help you protect the assets you have today by providing added coverage where you need it most. We can help you build a tailored insurance solution that meets the specific needs of your business.
All businesses are vulnerable
A devastating claim can arise from an unforeseen event, no matter the size of your company or how well it’s run. For example, if you own a retail store, and a customer trips and hits his head, sustaining a serious brain injury. You could be liable for millions of dollars in medical expenses.
Would your existing business liability insurance cover the entire sum? Would your business savings or revenue make up for the difference in what’s not?
If your answer is no, that’s where Commercial Umbrella Insurance comes in. Umbrella Coverage goes above and beyond basic business liability insurance limits, offering up to $10 million of additional funds.
If you are a small business owner, you might think they can’t take what you don’t have. Think again—a court can seize the business assets you currently have and even allocate future earnings to satisfy a judgment against you.
It’s never too soon to invest in commercial umbrella insurance.
Get the ultimate in asset protection
It’s your decision how to best spend each one of your hard-earned dollars. But if an unexpected major loss occurs that key decision may no longer be yours.
You’ll find that Commercial Umbrella Insurance offers you a way to help ensure your business assets remain yours.
Do you know if your current coverage offers you the protection that you want for your business against major catastrophic events?
How to Start Your Quote
To get started on your quote, call our office or click over to our quotes page. Either way, we’ll make the process simple!
We serve the North Mississippi area, in towns like Olive Branch and Southaven including Desoto County, Tate County, and Lafayette County.