Summer School Lesson 1: General Liability and Umbrella Insurance

SOGO Summer School is kicking off, and we’re starting with the basics to get you and your business back in the game with ease. Even if you did the summer reading assignment, and you’re already a SOGO business insurance customer, it’s not a bad idea for you to take a few notes in this refresher course, because we’re talking about General Liability Insurance and Commercial Umbrella Insurance, and those are some of the most important subjects for you to have nailed down in order to protect your business the way it should be. 

San Antonio businesses cover the whole gamut of industries, and some of those industries require specialized insurance coverage’s, but one thing every single San Antonio business can benefit from is General Liability Insurance. Why? Because the risk of being held liable for bodily injury or property damage of your clients is such a hugely common risk, and your business could suffer. In this day and age, it’s possible, if not probable, that your company would be sued for damages if an accident happens on corporate property, but general liability goes farther than “just” a fall claim. Even if your business does not have a physical property that clients can visit, companies that do any marketing or advertising, or have a social media presence, still have a risk of being sued for damages if your business is found at fault for an accident. The possibilities of trouble are endless, so as a business owner, it’s worth taking the time to talk to a SOGO agent to get on a General Liability plan as soon as possible.

The reality is that different insurance plans cover different situations, so how can you be sure that you are really, truly covered by the correct policies? On top of a General Liability plan, your best bet will be to consider a Commercial Umbrella Insurance plan that goes even one step further on protecting your business. If your company is found at fault, and your General Liability plan does not cover the costs of the damages, the Umbrella Insurance kicks in and pays for the remainder of the damages, often even being the saving grace that keeps your company from going under. Don’t risk the chance of using hard-earned business funds to pay out of pocket for damages. Ask a SOGO agent if a Commercial Umbrella plan is right for your business, and cover your bases before it’s too late.

If you’re taking in this serious lesson and realize you have a few questions, it’s okay to raise your hand! We have the best “tutors” who can talk you through all the details of making the best decision for your general liability coverage and much more. Contact us, because whether you’re already a SOGO business insurance policy-holder, or if you’re just getting started, we’re here to guide you through the process, just like your favorite teacher was back in the day.

In case you missed it: “Enjoy Your Last Summer Fling While We Prep for Your Business Insurance Needs” if you need a gentle reminder that school is back in session and it’s time to get your business needs covered by SOGO.