Commercial Umbrella Coverage

As a business owner, you know that surprises are part of the game, but being caught off guard by costly legal or financial risks shouldn’t be. Whether you run a small business or manage a large company in Minnesota or Wisconsin, commercial umbrella insurance ensures you’re prepared for unexpected incidents by covering legal fees, settlements, and additional liability costs. At Forward Insurance we offer comprehensive coverage options tailored to your specific business needs.

Features of commercial umbrella insurance policy:

• Excess liability coverage: Provides an additional layer of protection beyond your existing business liability policies to cover large claims.
• Broader coverage: Extends to cover certain risks that may not be included in standard liability policies, like legal fees and settlements.
• Customizable limits: Choose coverage limits that match your business’s specific risk level, from small operations to large corporations.
• Protection against large lawsuits: Shields your business from significant financial losses due to unexpected legal actions.
• Coverage for multiple policies: Acts as an umbrella over your underlying policies, such as general liability, auto liability, and employer’s liability.
• Global coverage options: Offers protection for incidents that may occur outside of the U.S., ideal for businesses with international exposure.
• Affordable premiums: Adds significant coverage at a lower cost compared to increasing the limits on individual policies.
• Flexible endorsements: Allows you to add specific endorsements to fit the unique risks of your business operations.

Moving Your Business Forward

Liability risks can impact businesses of all sizes, from an employee making a damaging statement on social media to a patron slipping on an icy walkway. Understanding your risk is key. A consultation with a Forward Insurance agent specializing in commercial umbrella insurance can help you assess potential liability claims and ensure you have the right coverage in place to protect your business’s bottom line.