Do I Need Texas Commercial Umbrella Insurance?
Texas Commercial umbrella insurance provides an extra layer of liability protection by covering costs that go beyond your other liability coverage limits. In other words, commercial umbrella insurance complements your other liability coverage by taking over when your other liability coverage limits have been exhausted. It provides a less expensive way to increase needed liability coverage than adding it to your general liability or business owner policies.
What Does Texas Commercial Umbrella Insurance Cover?
ConXis Insurance Services primary goal is to insulate you from risk. Commercial umbrella insurance in Texas is one of the best-kept secrets out there. This is whereas a purchaser of insurance you get the best bang of your buck. Buying additional liability coverage at a discounted rate over your general liability or business owner policies. Commercial umbrellas are designed specifically for large very serious claims and only kick in after your underlying liability policy limits have been exhausted. Once your policy limits are exhausted and if the claim is not settled then you as a business owner will have to pay out of pocket to settle the claim. This could be catastrophic to the business. This extra layer of protection is essential and well worth the investment to business to insulate themselves from high dollar claims.