Commercial Umbrella Insurance - North Carolina • South Carolina 

Insurance policy limits help control the premium costs. In addition, these limits help the insurance carriers ensure that they are able to fulfill their financial responsibility and meet the claims needs of their policyholders. However, policy limits leave business owners with some potentially problematic exposure to financial loss. Without a commercial umbrella policy in place, claims that exceed the amount of a policy’s limit must be either paid for by the business or go unrecovered. An umbrella policy can fill the gap that exists between your limits and potential costly claims.

Sheally Insurance Group provides comparative quotes from multiple insurance carriers to help your business secure the right amount of coverage for the most affordable rate. If we can supply more information or assist you with pricing for a commercial umbrella policy for your company, don’t hesitate to contact our agency.

What does commercial umbrella insurance typically cover?

• Extend Liability Limits can provide $1 million or more in additional coverage to each of the policies you have.
• Medical Expense umbrella protection can provide another $1 million or more to cover medical expense claims.
• Lawsuit Expense umbrella protection can add another $1 million or more of coverage to be applied for legal fees and lawsuit related expenses.

What else can a commercial umbrella policy help with?

Umbrella insurance can also provide protection for situations that would be excluded by other policies, such as when you are accused of slander or libel. Umbrella insurance can assist a business extend the reach of its various liability policies.

Sheally Insurance Group is ready to help you secure the right policy to protect your business and financial future. We’ll help you determine the coverage you need, and explore expanded options that may be beneficial to you as well.

It’s true! It pays to purchase insurance coverage together. You could save money by bundling business insurance policies. Contact us to learn more about bundled savings opportunities for your business.