A range of professions and businesses benefit from acquiring umbrella insurance, which sits atop your other policies to extend their liability limits. Since most successful claims against firms do not exceed the liability limits of their underlying policies, umbrella insurance tends to be relatively inexpensive despite the value it provides. If you are considering acquiring umbrella insurance for your business, consider contacting Daniel Carinici Agency LLC, which serves the Pittsburgh, PA, area.
Which Professions Need Umbrella Insurance?
Among the professions that benefit from umbrella insurance are those that invite clients, customers, or suppliers onto their property. Lawyers, accountants, physicians, and many others whose clients visit their offices risk a client slipping and falling or having other mishaps occur. Likewise, retailers, restaurant owners, grocers, or shop owners that allow the public on the premises incur various risks from falls and other events. Finally, commercial property owners, real estate agents, and others who often manage properties that other businesses occupy face additional unique risks.
A second major group of professions and businesses that should strongly consider umbrella insurance are those whose employees or themselves work on others’ property. Plumbers, landscapers, contractors, and those working in many other professions risk injuring people or damaging the property of others while on site. Similarly, those whose businesses involve themselves or employees operating vehicles while making deliveries, traveling for businesses, or other functions face the potential for motor vehicle accidents.
In addition, various businesses are required to carry umbrella insurance based on their clients’ contractual obligations to governmental agencies and private companies.
Working With Daniel Carinici Agency LLC
The Daniel Carinici Agency LLC team serves the insurance needs of businesses in the Pittsburgh, PA, area. Call us at (724) 335-7567 to discuss whether umbrella insurance offers the protection you need.
