Commercial Umbrella Insurance - San Antonio, TX

Maria was a successful restaurant owner who had worked hard to build her business. She had put her heart and soul into creating a warm and inviting atmosphere for her customers and took great pride in the quality of her food.

One day, a customer slipped and fell on a wet floor, injuring themselves. As a result, the customer filed a lawsuit against Maria’s restaurant, alleging negligence and seeking damages beyond the coverage limits of her liability insurance policy.

Maria was alarmed and worried. She realized then the importance of having commercial umbrella insurance. She had never considered that a catastrophic event like this could happen, and the coverage limits of her liability insurance policy might not be enough to cover the damages being sought.

Commercial umbrella insurance, the insurance agent explained, provides additional coverage beyond the limits of a standard liability insurance policy. It’s designed to protect businesses from the financial consequences of catastrophic events like lawsuits.

Maria quickly purchased commercial umbrella insurance, and the policy covered the damages awarded in the lawsuit. Without the commercial umbrella insurance, Maria’s business would have been forced to pay for the damages out of pocket, which could have bankrupted her restaurant.

From then on, Maria made sure to have commercial umbrella insurance for all of her business ventures. She learned the hard way that accidents can happen, and it’s essential to be prepared for any potential financial consequences. Commercial umbrella insurance gave her the peace of mind to continue growing her business without worrying about catastrophic events.

Call a SOGO agent today to determine whether you need this additional coverage and assess all the unique risks your business faces.