Running a small business in Jefferson City, MO, will certainly keep you on your toes. There are constant challenges and always more work that needs to be done, but it can also be rewarding. If you love your business, you want to protect it, and one of the best tools available from Luebbering Insurance Agency LLC is umbrella insurance. Let’s explore those policies and see if they can help you protect your business so that you can enjoy the rewards.

What Is Umbrella Insurance?

Ultimately, this is a question that you want to be able to answer on your own. Umbrella insurance is a specific policy that is designed to cover liability gaps that exist in other policies. As an example, any storefront should have commercial property insurance. That will protect you from liability if someone has an accident on the premises. Even with that insurance, there might be coverage gaps in the liability portions of that policy. An umbrella policy exists specifically to cover liability that isn’t under the purview of your other policies.

How Much Does a Small Business Need?

Umbrella insurance is usually based on liability risk. A business with more assets needs more coverage. Likewise, a business with a greater risk of incurring liability suits needs more coverage. A minimum umbrella plan for a small business is surprisingly affordable and easy to obtain.

If you want to explore umbrella insurance and carefully calculate how much optimizes your liability risk, your best bet is to have a conversation with your Luebbering Insurance Agency LLC representative. They can help you comb through the details to make sure your plan is right and your Jefferson City business is fully protected.