Commonwealth Insurance Center is ready to serve the commercial insurance needs of the greater Williamsburg, VA business community. If you have questions about how umbrella insurance can act as a vital tool to protect your company, call us today.
Using an umbrella policy to protect your Virginia business
Liability protection for your Virginia business is key in laying the groundwork for ongoing and future success. Several different scenarios can create a situation that spells doom for a company’s success.
If you experience a catastrophic event that includes a lot of liability exposure, it is possible to exhaust your company’s primary commercial policy. If this should occur, a firm that only carries a primary policy could find that it’s impossible to continue operations. However, with the right insurance in place, this is a situation that can be avoided.
When a primary policy is exhausted, a company that has an umbrella policy will be able to tap into additional insurance coverage. This can mean the difference between being able to regroup after a significant covered loss and having to close the doors. Obviously, everyone wants to avoid the latter situation, and it is possible to do so with an umbrella policy. Reviewing umbrella insurance options is a great way to get started.
Now is the time to learn how an umbrella policy can help protect your company
Williamsburg, VA area business people can count on the team at Commonwealth Insurance Center for all of their commercial insurance needs. Finding out more about umbrella insurance can help you make an informed decision regarding protecting your firm. Give us a call today and set up an appointment to learn more.