• What Is A Business Umbrella Policy?
• Customizing Umbrella Insurance
• Getting a Quote
• Why Nationwide?

Business Umbrella Policies: Broader Coverage For Life’s Unexpected Events

As a small business owner, you understand the need for insurance that covers things like liability, property, crime — even special coverage for your business vehicles. You’ve got all those bases covered.

But what about those unexpected events that life sometimes throws your way? Say an employee gets severely injured on the job due to company negligence, or someone on your payroll causes an auto accident, resulting in loss of life. If the victims successfully sue, is the insurance you have in place enough to cover large settlements?

The answer, unfortunately, is probably not. And a solution to consider is a business umbrella policy.

Extend your liability protection

An umbrella policy is liability insurance that provides additional coverage beyond the limits of your existing business liability coverage. An umbrella policy kicks in when the limits in your other policies are maxed out.

Business owners typically buy an umbrella policy to protect themselves and their company in the chance that someone successfully sues, resulting in either a large jury award or a large settlement. Without an umbrella policy, your company profits -- and your personal income --could be tapped for years.

Assessing your needs

A local Nationwide agent can help determine your umbrella policy needs, by reviewing what kind of policies and coverage you already have. It’s an easy and essential step in protecting your business and everyone who relies on it.