Commercial
Umbrella
Insurance
Commercial umbrella coverage is critical to your business.
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.
Massive jury awards, or nuclear verdicts, can result in a business’ financial ruin. Such a large loss could impact the business success you have worked hard to achieve and destroy your hopes for a bright future.
Roark & Sutton can help you protect the assets you have today by providing added coverage where you most need it. We are here to help you build a tailored insurance solution that meets the specific needs of your business.
All businesses are vulnerable.
No matter the size of your company or how well it runs, your business faces the potential for a devastating claim to arise from an unforeseen event. Let’s say you own a retail store or apartment building, and a patron trips on the carpet, hits their head, and suffers a serious brain injury. You could be liable for millions of dollars in medical care and other payments. Would that entire sum be covered by your existing business liability insurance? Could your business savings and/or revenue make up for the difference in what is not covered?
If your answer is no, that’s where Commercial Umbrella Coverage comes in. Umbrella coverage goes above and beyond basic business liability insurance limits, offering an additional limit on either an Umbrella or Excess coverage form.
If you are a business owner, you might think someone cannot take what you do not have, but think again. A court can seize any business assets you currently have and even allocate future earnings to satisfy a judgment against you.
Get the ultimate in asset protection.
It is 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. Commercial Umbrella Coverage offers you a way to help ensure your business assets remain yours for less than you might expect.
Does your current coverage offer you the protection you want for your business against major catastrophic events?