Umbrella insurance is a policy that extends the liability limits of the underlying policies that businesses and individuals own. Umbrella insurance benefits a range of businesses and professions and is relatively inexpensive, given its value. If you have questions about how umbrella insurance benefits you or your company, consider McCluskey Insurance Services LLC, which serves the Cincinnati, OH, area.
Which Professions Need Umbrella Insurance?
Umbrella insurance supplements the liability coverage of base policies, so businesses and professions that invite suppliers or customers onto their property benefit from its enhanced liability coverage. Professionals such as physicians, lawyers, accountants, and others whose clients visit their offices risk slips, falls, and other mishaps. Similarly, retailers, shops, and restaurants that allow the public on their premises risk having someone fall or suffer other injuries on their property. Finally, real estate agents, commercial property organizations, and others with properties occupied by other businesses face similar risks.
A second group that should consider umbrella insurance is those whose employees or themselves work on property owned by others. Contractors, electricians, and plumbers are among those who run the risk of injuring others or damaging their property while on site. Similarly, any business that makes deliveries, travels for appointments, or drives for other reasons faces potential motor vehicle accidents.
Many other businesses must carry umbrella insurance to meet the contractual obligations when working with government agencies and many private companies. Likewise, any business that could face legal action for slander, defamation, libel, or other issues should consider umbrella insurance.
Working With McCluskey Insurance Services LLC
The McCluskey Insurance Services LLC team serves the insurance needs of individuals and businesses in the Cincinnati, OH, area. Call us at (513) 999-5411 to discuss how umbrella insurance offers the protection you need.
