Standard Liability insurance policies, such as General Liability and Commercial Auto Liability, provide you with the protection you need in the event of an accident or injury at your premises or with vehicles used for company business. The liability amounts on these policies will respond for covered losses, but when a catastrophic loss occurs, the amounts may not be enough to cover high settlement and judgment damages, which can upend your company’s ability to financially recover.
Umbrella/Excess Liability insurance from ISU-The Olson Duncan Agency will step up in the event of a multi-million-dollar lawsuit.
