Where Can I Get Commercial Umbrella Insurance For My NJ Business?

At Bogle Agency Insurance, we specialize in NJ business insurance solutions.Commercial Umbrella Insurance Bergen County NJ Commercial umbrella insurance is an extra layer of liability coverage for NJ business owners that extends coverage beyond the underlying insurance policies. A layer of coverage over policies such as general liability and auto liability, including judgments that exceed the scope of standard liability coverage protection for some events that are typically excluded. It will help to cover legal fees, damages, and medical expenses associated with a claim that may exceed primary policy insurance limits.

Despite your efforts to find the best possible liability insurance protection, you might still feel too exposed in today’s litigious society. It’s certainly a concern to keep in mind as you explore your various options. That option, however, is a Bergen County, NJ, umbrella insurance policy from Bogle Agency Insurance available to all NJ residents.

Here at Bogle Agency Insurance, with 100 years as an advocate for business owners’ coverage, we recommend that businesses consider carrying a Commercial Umbrella to better protect against loss in today’s modern world.

Common NJ Commercial Umbrella Insurance Coverage Questions People Ask

Q: What Does A Commercial Umbrella Policy cover?
A: A commercial umbrella policy provides additional liability protection above the limits of your underlying policies, such as General Liability, Auto Liability, and Employer’s Liability. If a claim exceeds the limits of those policies, the umbrella policy helps cover the remaining costs.

Q: How Much Umbrella Coverage Do I Need?
A: Coverage needs vary depending on the size of the business, industry risks, number of employees, and assets to protect. Many businesses purchase $1 million to $5 million in umbrella coverage, but higher limits may be appropriate for businesses with greater exposure.

One More Question: Why Buy an NJ Umbrella Policy?

Answer: It’s hard to overlook the increasingly litigious nature of the world where we live and work today. People sue for various slights and injuries, actual or perceived. The costs of litigation are punitive in their own right. Umbrella coverage helps to cover the costs of your legal defense as well as any payments awarded – especially when those awards exceed the limits of your general liability policy.

Why is this additional coverage so important? Without it, your business assets could be at risk to cover the damages awarded to the other party in the aftermath of a lawsuit.

Other Commercial Lines Insurance Available For New Jersey Business Owners 

Bogle Insurance Agency Support Is Your Best Bet!

When it comes to tough decisions about business insurance coverages, including Umbrella coverage, you will want the most experienced agency. Bogle Agency Insurance, based in Lyndhurst, Bergen County, NJ, not only offers you, your family, and/or your business commercial liability insurance options, but we can also help you understand all the liability insurance variables.

At Bogle Agency Insurance, we are your Bergen County, NJ, and beyond Business Insurance advocate … and we are not the insurance carrier. We are a family insurance practice, four generations and 100+ years, dedicated to helping you make the best possible decision. Request a quote to get started today!