Michigan Commercial Umbrella Insurance
Lawsuits filed against small businesses are on the rise and so are the size of the settlements. That is why it is so important to protect yourself with a commercial umbrella insurance policy. Umbrella policies are also know as excess liability insurance.
In the event of a claim many business owners find that their underlying Michigan business insurance policies provide inadequate liability coverage. There is often a gap between the amount of liability coverage needed and the amount provided by their business policy. This leaves a business vulnerable in the event of a claim. A Michigan commercial umbrella insurance policy closes this gap.
Commercial umbrella insurance policies a relatively inexpensive and they are well worth the extra coverage they provide to business owners.