Are you on the fence about umbrella insurance for your San Jose, CA business? We at Bayshield Insurance think it’s a good idea for you to seriously consider this option. Doing so will help to make sure that you get the high-quality help needed to manage any liability problems.
Excessive Defense Costs
Is your trial going to cost you a lot of money to pursue? Are you likely to lose and pay a lot of cash? Never worry: your umbrella insurance policy can help. It will pay for these costs, up to your coverage limits, to ensure that you don’t end up spending a lot of money paying your legal fees in this situation.
Severe Personal Injuries
Did your business end up injuring somebody severely, and you’re worried about paying their medical bills? Umbrella insurance will pay a higher portion of their costs after your liability is exhausted. In this way, you won’t have to pay nearly as much as you would otherwise.
Product Failure Liability
If you sell products, and they end up failing heavily, your consumers could suffer injuries and other issues. Thankfully, high-quality umbrella policies can minimize the amount of money that you have to pay by covering a majority of your overall costs.
Other Types of Liability
Depending on your umbrella policy, it might pay for things like delivery crashes, intoxication at the workplace, attacks by workers at your facility, criminal prosecution costs, and much more. In this way, you should be protected by creating a comprehensive liability protection level.
Keep Yourself Safe
If you’re concerned that your liability coverage just isn’t enough to keep you safe, don’t hesitate to talk to us at Bayshield Insurance right away to learn more. Our team serves the San Jose, CA, area and will do what they can to give you the help needed to avoid serious long-term complications.