Standard business liability coverage will take care of you in most situations, but when serious situations arise, commercial umbrella insurance will help ensure that your business is protected.
The coverage similarities to the Homeowner Policy lie in that this policy incorporates building and / or contents coverage as well as comprehensive
business liability coverages into one policy which generally results in a lower premium.
Pearl Insurance has partnered with The Hartford to offer the Spectrum ® Business Owners Policy, a plan that combines Property Insurance and
Business Liability coverage into one convenient package.
Section II, part L of a rental dwelling insurance policy lists
your business liability coverage.
Business liability coverage is designed to protect salon owners from bodily injury or property damage lawsuits.
For example, if an employee assaults a customer,
your business liability coverage would not cover the damages if they sue.
It increases
business liability coverage to protect you when lawsuit costs exceed the limits of your underlying business liability coverage.
But in truth, there are different kinds of business insurance that give
your business the liability coverage you need.
For instance, you may be concerned about
your business liability coverage — it's not enough, and you simply can't afford more flood insurance, for instance.