Commercial Umbrella Liability Insurance in Georgia
Commercial Umbrella Insurance for Businesses
Commercial Umbrella Insurance provides broader liability protection needed to cover a claim that is greater than the limits of existing underlying policies. An umbrella policy has higher limits to provide enough coverage for losses that General Liability Insurance, Employer’s Liability Insurance, and Commercial Auto Policies do not cover.
This additional coverage can aid with the costs of legal fees, medical expenses, damage to other people's property and judgements and settlements. A liability claim can cause a business to go bankrupt if the proper underlying limits are not in place.


What is Excess Lability Coverage?
Excess liability insurance offers an added layer of financial protection for your business by extending coverage beyond the maximum limits of primary insurance policies. It becomes crucial if significant claims exhaust your primary coverage, ensuring your business isn't burdened by unexpected costs. An excess liability policy enhances risk management, provides financial security when facing lawsuits and legal expenses, and secures your business's long-term protection for your business against a range of potential risks.
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We work with the top-rated insurance carriers in Georgia, including
Selective,
Hanover,
Travelers,
Hartford,
Nationwide,
Chubb, and
Liberty Mutual.
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BIS Benefits works with companies all around the state of Georgia, including the following cities:
FAQs
What does an umbrella policy not cover?
Umbrella insurance policies are meant to extend coverage limits and protect businesses from third-party claims that go beyond their primary policies. This coverage does not include intentional or criminal acts, bodily injury to employees, and property damage to company-owned buildings.
What types of incidents require umbrella coverage?
Umbrella insurance can protect a business's financial security when they exceed their liability limits in situations like a class action product lawsuit, construction defect claim, and damages from a car accident.
What is a nuclear verdict?
A "nuclear verdict" refers to jury awards that are higher than predicted amounts in liability lawsuits, often exceeding $10 million. These verdicts can continue to grow larger and larger over time, making extra liability coverage increasingly important for business owners.
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