Does my Business Need an Umbrella Policy?
Posted: August 1, 2018
The purpose of a Commercial Umbrella policy, which is also known as a Business Catastrophic Liability (BCL) policy, is to provide your business with additional liability coverage above what your General Liability, Commercial Auto, and Workers Compensation insurance policies already provide. The liability coverage provided by a BCL policy is triggered when your underlying liability limits (General Liability, Commercial Auto, and Workers Comp) have been exhausted. Another...