Growth Brings New Exposures
As your business expands—hiring more employees, adding vehicles, signing new contracts—your liability risk grows too. A policy that once provided sufficient protection may now leave you exposed to costly claims.
What General Liability Covers
Your general liability policy protects your business from claims of bodily injury, property damage, and certain personal injuries that occur on your premises or as a result of your operations. But claim costs can easily exceed policy limits, especially in today’s legal environment.
Why Add or Increase Umbrella Coverage
A commercial umbrella policy provides an extra layer of protection above your existing liability coverage. It kicks in when your general liability, auto, or employer’s liability limits are exhausted.
For example:
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A customer injury results in a $2 million lawsuit.
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Your general liability limit covers $1 million.
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Your umbrella policy pays the remaining $1 million.
The Ideal Time for a Liability Review
October is the perfect time to reassess your limits and prepare for the new fiscal year. As you budget for next year’s operations, include liability coverage in your financial planning.
Partner with Empire Insurance Brokers
Our commercial advisors specialize in tailoring coverage for businesses of all sizes—from startups to multi-location operations. We’ll help ensure your protection grows with your business, keeping you safe and compliant into the new year.
