Does your business need a commercial umbrella policy?

 

If you always carry an umbrella with you you are automatically protected from unexpected rain or snow storms, and that is always a good thing.  If your business has a commercial umbrella policy from Hudson Valley Agents then your business is protected from the unexpected and that’s a really good thing!

A CGL (commercial general liability) policy is one part of your BOP (Business Owner Policy) covers these 3 things:

  • Property damage liability & bodily injury liability coverage
  •  Advertising injury & Personal injury
  • Medical payments

A CGL will usually only pay out up to $1,000,000 and that may or may not cover you in the event of a lawsuit.  If you have a commercial umbrella policy that 1 million can become as high as 5 million!

A commercial umbrella policy will not cover things like:

  • Pollution Liability
  • Liquor Liability
  • Directors & Officers Liability

If you have questions about BOP’s, CGL’s, Commercial Umbrella coverage, or Commercial Auto insurance, please contact Kathy or Dave Jr at 845-778-2141.  #insurelocal  #HudsonValleyAgents  #HudsonValley  #businessinsurance  #assetprotection

 

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