No matter how well you plan, accidents can still occur; and depending on the circumstances, the resultant claims against your business can far exceed your planned insurance coverages. When this happens, it can put your entire business at risk unless you have an ‘umbrella’ for protection. Here at the Ewing Hines & Associares Insurance Agency in Kensington, Maryland we will look at your current business liability insurance coverages and help you decide on the right path to take.
Business catastrophe liability insurance is sometimes referred to as ‘business umbrella’ insurance. This insurance adds an additional one million dollars or more beyond the amounts available in your company’s present policies for auto and other liability, and it stipulates certain levels of coverage on your company’s various primary insurance policies.
The scope of your insurance coverage and options depend entirely upon the policy and the insurance company providing it. This website is not intended to advise, offer or bind coverage. You should always discuss your insurance issues with professionals such as a licensed and qualified insurance agent like those at the Ewing Hines & Associates Insurance Agency before making any decisions or choosing a course of action.