A Commercial Umbrella Policy is a type of liability insurance that can help protect a business from unexpected events that could have a negative impact on its finances, brand reputation, or operations. It works by supplementing existing policies, extending their limits, and covering costs that fall outside of their scope. For example, if a business is sued for more than its liability coverage limit, an umbrella policy can help cover the remaining costs.

Why do small businesses need a Commercial Umbrella Policy?

Lawsuits can be costly. Protecting your assets is critical to the longevity and success of any business. Farmers of Salem provides additional Automobile and General Liability limits though our Umbrella product to protect business interests and assets from catastrophic losses that may occur at any time. Whether it’s an automobile accident, bodily injury or property damage to others, or other unforeseen liability concerns, Farmers of Salem can offer solutions for your business protection.

An underlying General Liability policy will need to be written with Farmers of Salem to access the Umbrella product. Underlying Auto Liability may be considered with another carrier.

Please reach out to a local independent agent to learn more about this product and others.