Commercial Umbrella Insurance

Tri-State Insurance Agency: Commercial Umbrella Insurance for Extra Protection

Under the basic liability insurance limits that you find in a number of policies designed to protect a business, insurance companies will pay up to a certain maximum amount. Yet in today’s litigious landscape and era of high jury awards, this may not be enough in the event of a significant loss related to your business. This is when commercial umbrella insurance steps in, designed to protect your company from high-cost liability judgments and skyrocketing legal fees.

Tri-State Insurance Agency provides businesses throughout Pennsylvania, northern New Jersey and New York with this valuable protection. We’ll conduct an evaluation of your operations, management structure and insurance program to check for liability exposures and coverage gaps. If any problems are identified, we will provide you with risk management options that include insurance solutions to increase protection for your company’s assets, including a commercial umbrella policy.

Under the umbrella.

An umbrella policy extends your liability limits over your underlying, primary insurance coverages, such as those you find in business auto liability, professional liability (E&O), employment practices liability (EPLI), and commercial general liability (CGL). The umbrella policy can provide higher limits of coverage, and it can be designed to insure exposures that aren’t covered by those policies. With a commercial umbrella policy, you get coverage for legal costs, injuries to third parties (not your employees), pollution liability claims, and other expenses that exceed underlying policy limits.

With an increase in high-limit awards, we’ll help you take a close look at the exposures you face and the coverage you need.

Tri-State Insurance Agency provides a comprehensive business insurance portfolio for companies throughout northern Pennsylvania, New Jersey and New York. Give our professionals a call toll-free at 888.990.0526, email us or fill out and send the form on this page for a free consultation and quote.