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