The following blog posts have the category Commercial umbrella insurance
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We've said it before: the distinction between a small and large business is somewhat arbitrary. At what point in the business growth life cycle do you cross over? One way to answer the question is when your business no longer qualifies for a Business Owners Package Policy. The BOP bundles up several kinds of insurance protection in one policy. But as business become larger the risks they pose become more varied and difficult to address in one policy.
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Through the everyday operations of a company, small businesses face a variety of potential risks, including liability lawsuits which can catch a business owner by surprise. Even if the lawsuit is frivolous or you are not at fault, you could still be subject to costly litigation.
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