Business owners turn to the team at Meiners Insurance to help them protect their commercial interests in the greater Avon Lake, OH area. If you are the owner of a growing business, it may be time to add a commercial umbrella policy to your insurance portfolio. Protect your hard work with a comprehensive insurance plan!
Benefits of commercial umbrella policies
Like most insurance types, commercial policies have protection limits. This means that once your policy is exhausted, you become financially responsible for any loss that your business may suffer. It is because of this that many business owners also carry umbrella policies to protect their companies.
For example, if your company suffers a catastrophic loss through a covered event, your primary policy may not be enough to cover all of the damage. Fortunately, there are supplemental policies that businesses can carry. An umbrella policy will go into effect when and if the primary policy is exhausted.
This type of protection is especially important for companies that are growing. A growing company that is just hitting its stride can be decimated by a significant and uncovered loss. Because of this, business owners who are still in growth mode and not yet established will want to pay close attention to their umbrella policy options. Make sure that you have the right protection in place at the appropriate coverage level.
Count on us for your commercial insurance needs
At Meiners Insurance, we understand how much hard work and dedication it takes to grow a successful business. If it’s time to review the protection that your current commercial policy provides for your Avon Lake, OH business, we can help. Call us today to schedule a consultation to review your policy needs.