The Benefits Of Business or Personal Excess Liability Insurance

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A business or personal excess liability policy can offer you invaluable protection that your typical insurance cannot. A personal excess liability insurance policy, such as umbrella insurance, protects your personal assets in the event of damages, lawsuits, etc. Similarly, excess liability insurance for your Massachusetts business can help provide you with peace of mind and financial security.


Is this type of policy right for you or your business? Learn more about the benefits of business and personal excess liability policies, and start protecting your assets!

  • What is personal excess liability insurance?: As the name suggests, personal excess liability policies provide additional liability protection that goes beyond the protection of your basic homeowners, auto, and other personal insurance policies. This type of policy can provide you and your family with further protection in the event of injuries, accidents, damages, or lawsuits against you. Since the costs of these incidents, especially with lawsuit rulings, can be extremely expensive, your basic insurance may not provide enough coverage and your personal assets could be at risk.
  • What is umbrella liability insurance?: Umbrella insurance is a type of personal excess liability insurance. The main difference between the two is that umbrella insurance not only provides additional liability protection, it also provides coverage for a wider variety of incidents that aren’t included in standard policies.
  • How can excess liability insurance benefit your business?: An umbrella or excess liability policy can help give business owners peace of mind when it comes to the future stability and success of their venture. Accidents, damages, or lawsuits are all unpredictable and oftentimes unavoidable, however having this type of policy can help ensure that your business overcomes these obstacles without threatening its financial security. Just like personal excess liability protection, this type of insurance “kicks in” when a claim is made that exceeds the limits of your standard Massachusetts business insurance coverage.

In order to provide the highest level of protection for your personal or business assets, learn more about your excess liability and umbrella insurance options today!

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