What Is Umbrella Insurance & Why Does Your Business Need It?

While most businesses strictly adhere to laws and bylaws in their operations, sometimes a company can make a mistake. Other firms can find themselves on the receiving end of harsh economic conditions or structural changes that threaten their stability. In these instances, regular insurance won’t cut it; these situations will quickly push past your insurance limits. In these circumstances, you need umbrella insurance. Here’s what it is and why you need it. (more…)