Umbrella liability is intended to provide additional coverage above and beyond your general liability, liquor liability, and workers’ compensation coverage limits. If the unimaginable happens and your underlying policy limits are exhausted, you’ll be relieved to know your umbrella policy will respond.
What is Umbrella Liability?
Umbrella liability is always recommended to provide an extra layer of protection for your business and assets. Business is unpredictable and you never know when tragedy strikes.
Why Umbrella Liability?
In today’s litigious society, it is impossible to determine which claim or incident will potentially exhaust your underlying policy limits. Jury awards are increasing and you should be prepared with excess/umbrella coverage to protect your business investments.
Your nightclub has become the hottest go-to spot. Unfortunately, a security incident triggered a mass panic within your establishment, resulting in mass casualties. This incident garnered substantial local and national media coverage and the lawsuits followed. Your standard $1mm general liability limits would have never covered the monetary damages awarded by the jury. In a small moral victory, you are relieved that you purchased an umbrella liability policy that provided coverage for monetary damages for this horrible event.
True Story—We’ve been around since 1946. We’ve seen a lot.
How to Begin
Complete our easy online quote form and sit back and relax; Guild Insurance handles the rest. Our professional agents will submit your business to our top-rated carriers and contact you once the quote is received.
Our Other Coverages
You’ve invested a lifetime of passion in your business; You need an insurance policy that will protect it. Guild Insurance offers insurance policies that meet each unique challenge the hospitality industry presents.