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Umbrella Insurance

Adapted from content excerpted from the American Express® OPEN Small Business Network

These types of policies offer extra liability coverage that kicks in for losses when the limits of your primary liability policy are reached. Umbrella coverage often applies to either business liability or automobile liability insurance. Using an umbrella policy, you can often purchase several hundred thousand to more than a million dollars worth of extra coverage for as little as a few hundred dollars.

To Small Business Insurance Primer

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