Umbrella Insurance: A Policy That You Need? Or No?

At Richard Zeises Agency, we provide umbrella insurance policies for Jenkintown, PA area residents. Our team can provide the kind of in-depth policy that your company needs. But do you need one of these policies? Let’s find out now.

Why You Might Need Umbrella Insurance 

Big businesses with a high potential for loss typically need an umbrella insurance policy. This different type of liability coverage pays for what your standard policy does not, ensuring that you get the detailed protection necessary to avoid long-term financial struggles. 

If you’re a major corporation or a business that does millions of dollars in deals regularly, you need an umbrella policy right away. People coming at you with a lawsuit will be swinging big, and you need protection that will keep you from losing out too much in the process.

When Umbrella Insurance Might Not Be Right for You 

While umbrella insurance policies are usually an excellent investment, some people may not need them. For example, if your business is relatively small and doesn’t have a high risk of liability problems, umbrella policies may be extraneous and cut into your bottom line. 

As you expand, though, it is wise to start considering your umbrella insurance policy upgrade. First, talk to your commercial insurance provider about your policy to see what limits it provides. If your company gets to the point where it could experience losses on that level, buy an umbrella policy. 

Call Us to Learn More

Contact us at Richard Zeises Agency to protect your Jenkintown, PA area business with an umbrella insurance policy. You deserve the peace of mind these policies can provide. We’re always ready to give you the help that you need to keep yourself and your business safe with better insurance.