Call Us 314-752-2500 ☰ ˟
Logo
Call Us 314-752-2500
  • Home
  • Our Agency
    • Newsletter Sign Up
    • AboutImage of right arrow
      • Our Staff
      • Our Locations
    • Service CenterImage of right arrow
      • Pay My Bill
      • Report A Claim
      • Get A Quote
      • Certificate of Insurance
      • Personal Renewal Questionnaire
      • Commercial Renewal Questionnaire
      • Add Or Delete A Vehicle
      • Change Of Address
      • Add A Driver
    • Personal ProductsImage of right arrow
      • Auto and Homeowners Insurance
      • Auto InsuranceImage of right arrow
        • Liability Coverage
        • Comprehensive Coverage
        • Collision Coverage
        • Uninsured & Underinsured Motorist Coverage
        • Diminishing Deductible
        • Accident Forgiveness
        • Minor Violation Forgiveness
        • Roadside Assistance
        • Specialty Auto Insurance
        • 24-Hour Customer Service
        • Towing
        • Rental Reimbursement
        • Personal Injury Protection (PIP)
        • Medical Payments Coverage
      • Home InsuranceImage of right arrow
        • Earthquake Insurance
        • Property Insurance
        • Homeowners Liability
        • Renters Insurance
        • Condo Insurance
        • Mobile Home Insurance
        • Scheduled Property Insurance
        • Landlords Insurance
        • In-Home Business Insurance
      • Other Personal InsuranceImage of right arrow
        • Identity Theft
        • Personal Umbrella Insurance
      • Farm InsuranceImage of right arrow
        • Crop Insurance
        • Farm Owners Insurance
        • Farm Livestock Insurance
        • Equine Insurance
        • Farm Equipment Insurance
        • Farm Dwelling Insurance
        • Farm Structures Insurance
        • Farm Auto Insurance
        • Farm Umbrella Insurance
        • Farm Liability Insurance
      • Life InsuranceImage of right arrow
        • Individual Life Insurance
        • Group Life Insurance
        • Long-Term Care Insurance
        • Mortgage Protection Insurance
        • Disability Insurance
        • Second-To-Die Policy
        • Key Person (Key Men) Insurance
      • Recreational Vehicle InsuranceImage of right arrow
        • Boat Insurance
        • Motorcycle Insurance
        • Motorhome Insurance
        • ATV Insurance
        • Snowmobile Insurance
      • Additional Insurance ServicesImage of right arrow
        • Special Event Insurance
    • Commercial ProductsImage of right arrow
      • Coverage for Specific IndustriesImage of right arrow
        • Accounting Firm Insurance
        • Alarm Contractors Insurance
        • Insurance for Arborists
        • Construction Insurance
        • Consulting Firm Insurance
        • Specialty Trade Contractors Insurance
        • Craft Brewery Insurance
        • Educational Facility Insurance
        • Financial Institution Insurance
        • Healthcare Facility Insurance
        • Law Firm Insurance
        • Limousine Services Insurance
        • Livestock Insurance
        • Maintenance Contractors Insurance
        • Manufacturing Insurance
        • Media & Advertising Insurance
        • Pool & Spa Insurance
        • Printers & Publishers Insurance
        • Real Estate Businesses Insurance
        • Retail Insurance
        • Scrap Metal Insurance
        • Security Guards Insurance
        • Self-Storage Insurance
        • Septic Contractors Insurance
        • Technology Services Insurance
        • Tow Trucks Insurance
        • Water Well Drillers Insurance
      • Coverage for Your BusinessImage of right arrow
        • Bonds
        • Business Owners Policy (BOP)
        • Commercial Auto Insurance
        • Commercial General Liability
        • Commercial Property Insurance
        • Commercial Umbrella Insurance
        • Crime Insurance
        • Fidelity Bonds
        • Loss Control Insurance
        • Inland Marine Insurance
        • Professional Liability
        • Surety Bonds
        • Workers Compensation
      • Coverage for Your EmployeesImage of right arrow
        • Group Benefits
        • Group Disability Insurance
        • Retiree Health Coverage
        • Disability Insurance
        • Individual Life Insurance
    • Our Providers
  • Products
    • Auto and Homeowners Insurance
    • Auto InsuranceImage of right arrow
      • Liability Coverage
      • Comprehensive Coverage
      • Collision Coverage
      • Uninsured & Underinsured Motorist Coverage
      • Diminishing Deductible
      • Accident Forgiveness
      • Minor Violation Forgiveness
      • Roadside Assistance
      • Specialty Auto Insurance
      • 24-Hour Customer Service
      • Towing
      • Rental Reimbursement
      • Personal Injury Protection (PIP)
      • Medical Payments Coverage
    • Home InsuranceImage of right arrow
      • Earthquake Insurance
      • Property Insurance
      • Homeowners Liability
      • Renters Insurance
      • Condo Insurance
      • Mobile Home Insurance
      • Scheduled Property Insurance
      • Landlords Insurance
      • In-Home Business Insurance
    • Other Personal InsuranceImage of right arrow
      • Identity Theft
      • Personal Umbrella Insurance
    • Farm InsuranceImage of right arrow
      • Crop Insurance
      • Farm Owners Insurance
      • Farm Livestock Insurance
      • Equine Insurance
      • Farm Equipment Insurance
      • Farm Dwelling Insurance
      • Farm Structures Insurance
      • Farm Auto Insurance
      • Farm Umbrella Insurance
      • Farm Liability Insurance
    • Life InsuranceImage of right arrow
      • Individual Life Insurance
      • Group Life Insurance
      • Long-Term Care Insurance
      • Mortgage Protection Insurance
      • Disability Insurance
      • Second-To-Die Policy
      • Key Person (Key Men) Insurance
    • Personal Umbrella Insurance
    • Recreational Vehicle InsuranceImage of right arrow
      • Boat Insurance
      • Motorcycle Insurance
      • Motorhome Insurance
      • ATV Insurance
      • Snowmobile Insurance
    • Additional Insurance ServicesImage of right arrow
      • Special Event Insurance
    • Coverage for Specific IndustriesImage of right arrow
      • Accounting Firm Insurance
      • Alarm Contractors Insurance
      • Insurance for Arborists
      • Construction Insurance
      • Consulting Firm Insurance
      • Specialty Trade Contractors Insurance
      • Craft Brewery Insurance
      • Educational Facility Insurance
      • Financial Institution Insurance
      • Healthcare Facility Insurance
      • Law Firm Insurance
      • Limousine Services Insurance
      • Livestock Insurance
      • Maintenance Contractors Insurance
      • Manufacturing Insurance
      • Media & Advertising Insurance
      • Pool & Spa Insurance
      • Printers & Publishers Insurance
      • Real Estate Businesses Insurance
      • Retail Insurance
      • Scrap Metal Insurance
      • Security Guards Insurance
      • Self-Storage Insurance
      • Septic Contractors Insurance
      • Technology Services Insurance
      • Tow Trucks Insurance
      • Water Well Drillers Insurance
    • Coverage for Your BusinessImage of right arrow
      • Bonds
      • Business Owners Policy (BOP)
      • Builders Risk Insurance
      • Commercial Auto Insurance
      • Commercial General Liability
      • Commercial Property Insurance
      • Commercial Umbrella Insurance
      • Crime Insurance
      • Fidelity Bonds
      • Loss Control Insurance
      • Inland Marine Insurance
      • Professional Liability
      • Surety Bonds
      • Workers Compensation
      • LLC Insurance
    • Coverage for Your EmployeesImage of right arrow
      • Group Benefits
      • Group Disability Insurance
      • Retiree Health Coverage
      • Disability Insurance
      • Individual Life Insurance
  • Get A Quote
  • Contact Us
Auto Icon

Auto

We browse through a wide variety of coverages and find the right one for you.

Learn More
Homeowners Icon

Homeowners

We browse through a wide variety of coverages and find the right one for you.

Learn More
Business and Commercial Icon

Business & Commercial

We browse through a wide variety of coverages and find the right one for you.

Learn More
General Liability Icon

General Liability

We browse through a wide variety of coverages and find the right one for you.

Learn More
Life Icon

Life

We browse through a wide variety of coverages and find the right one for you.

Learn More
Home > Blog > 5 Reasons You Need Umbrella Insurance
TUESDAY, FEBRUARY 28, 2023

5 Reasons You Need Umbrella Insurance

Uncertainty is everywhere. As a business owner, you face a treacherous, uphill battle on your path to success. Even with good intentions, you can expose your business to a multitude of business risks.  

How can you overcome and keep fighting the good fight? You should consider getting umbrella business insurance. 

Umbrella Insurance Is Your Secret Weapon 

Statistics show one-third of small businesses face lawsuits. In 2011, companies with less than $1 million in revenues spent $86 billion battling lawsuits. In 2012, the average employee lawsuit cost $250,000. a woman walking in the rain holding an umbrella

Lawsuits with many plaintiffs are usually even more expensive. A lawsuit can easily exceed your general liability limits on a business policy. 

Umbrella insurance takes effect after you’ve exhausted your general liability limits. It is the safety net you need when it looks like the sky is falling. Instead of paying settlements with your money, you can usually rely on your umbrella insurance policy. 

It Prevents Gaps in Your Insurance Strategy 

Having the right type and amount of insurance is a strategy many business owners should follow.  

If you fit into this category, then commercial umbrella insurance is a must-have. Let's face it, you don’t have the time to find and buy every type of insurance policy your business needs. Your commercial umbrella insurance can bridge some of these gaps. 

Umbrella Business Insurance Saves You Money 

Insurance policies usually protect you from spending your business revenues. As such, you don’t have to worry about maintaining a large contingency fund or about spending your profits in the event of a lawsuit.  

Commercial umbrella insurance saves you money by preventing you from spending it. In turn, you can reinvest in your company and watch it grow. 

Umbrella Insurance Makes Your Business More Agile 

Many business risks are so new you may not know they exist. We have yet to see the extent of liability issues concerning drones and data breaches. Your umbrella insurance policies may help you cover those unidentified risks. In that respect, your business becomes agile. It can now be capable of dodging a variety of business pitfalls. 

Get More for Less with Umbrella Insurance 

Commercial umbrella insurance is relatively inexpensive compared to the coverage you get. Policies that extend coverage by millions can sell for a relatively insignificant amount. With the cost of umbrella insurance being affordable, you can’t afford to go without coverage. 

If you’d like to learn more about commercial umbrella insurance, give us a call. Our licensed insurance agents are happy to answer your questions and give you a quote. 
Posted 6:02 PM

Tags: umbrella, insurance, benefits, personal
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2021

  • business insurance(7)
  • life insurance(5)
  • auto insurance(4)
  • general liability insurance(4)
  • home insurance(3)
  • homeowners insurance(2)
  • general liability(2)
  • benefits(1)
  • liability insurance(1)
  • business owner's policy(1)
  • umbrella(1)
  • business(1)
  • bop(1)
  • personal(1)
  • insurance(1)

View Mobile Version

Contact Us Today!
314-752-2500

Social Social Social Social Social

Resources

  • Products
  • Customer Service
  • Payment Options
  • Report a Claim
  • About Us
  • Refer A Friend
  • Our Carriers
  • Blog
  • Contact Us

Contact Us

9700 Mackenzie #120
St. Louis, MO 63123

Phone: 314-752-2500
Fax: 314-752-5973
© Copyright. All rights reserved. | Powered by Insurance Website Builder