Commercial Umbrella Insurance – North & South Carolina
Serving Charlotte, Concord and Huntersville, Mint Hill Matthews, Fort Mill, SC, and the surrounding communities.
Limits on insurance policy premiums help to control them. These limits also help insurance companies ensure they can meet their financial obligations and pay the claims of policyholders. Policy limits can leave business owners vulnerable to financial loss. If a commercial umbrella policy is not in place, any claims exceeding the policy limit must be paid by the business. An umbrella policy is a way to fill in the gaps between your limits, and potentially costly claims.
Legion Agency offers comparative quotes from several insurance companies to help you secure the best coverage at a reasonable rate. Contact our agency if you need more information or assistance with pricing for a commercial umbrella insurance policy for your business.
- Extension Liability Limits provide additional coverage of up to $1 million for each policy you have.
- Coverage for Medical Expense can be extended to provide additional $1 million or more for medical expense claims.
- Lawsuit Expense umbrella coverage can provide additional $1 million to cover legal fees and other lawsuit-related expenses.
Umbrella insurance can provide protection in situations that are not covered by other policies. For example, if you are accused of slandering or libel. Umbrella insurance is a way for a company to extend its liability coverage.