Operating a small business entails significant responsibilities. You strive to build something meaningful, and safeguarding it should be as crucial as nurturing it. At Western Insurance Associates in Spokane, WA, we often engage with business owners who believe their existing insurance is sufficient—until we explain the real benefits of umbrella insurance.
More Than Just Additional Coverage
Umbrella insurance isn’t merely a luxury add-on. It’s an extra layer of protection that activates when your primary policies, such as general liability or commercial auto, reach their limits. If an accident results in a lawsuit and the damages exceed your standard coverage, umbrella insurance can cover the remainder. Without it, you could be paying out of pocket—a situation that can be devastating for a small business.
Lawsuits Can Occur to Anyone
Even with the best intentions, accidents and misunderstandings occur. A customer might slip on your property. A product could cause unforeseen harm. Or perhaps an employee is involved in a serious car accident while on duty. If a claim results in a large settlement or legal fees, your regular insurance might not stretch far enough. That’s where umbrella insurance steps in to help protect your business and personal assets.
Affordable Assurance
One of the best aspects of umbrella insurance is its relative affordability, especially considering the protection it offers. For a minimal additional cost, you gain a safety net that can make a significant difference when the unexpected strikes.
Let’s Discuss Your Umbrella Insurance Options in Washington
If you’re a small business owner seeking comprehensive preparedness, Western Insurance Associates in Spokane, WA, is ready to help you explore your options. Contact us today and let’s ensure your business is protected from all angles.
