New York City Business Group
Our mission is to help businesses in NYC manage the costs of Insurance. The New York City Business Group has addressed the insurance needs of businesses and individuals in the Staten Island NY, Brooklyn NY, New York NY, Queens NY, Nassau and Bronx NY for over 10 years.
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  •   3971 Victory Blvd,
         Staten Island NY 10314
  •   (718) 554-3425
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Umbrella Policy

In today’s environment lawsuits are everywhere and courts are awarding larger amounts of money than ever. Homeowners, auto, and watercraft policies all have a limit on liability coverage and if an unfortunate accident should happen that is your fault, you must ask yourself “Do you have enough liability insurance to cover this accident”?? Since no one can predict how much a judge may award an injured person the umbrella insurance policy has become a necessary coverage for anyone with assets to protect.

With an umbrella policy you can add an additional 1-5 million in liability protection that is designed to “kick-in” when the liability on your homeowners, auto, and watercraft policies has been exhausted. Liability insurance is the portion of your homeowners or auto policy that pays injured person’s medical bills, lost wages, pain & suffering and your legal defense to represent you in court.

After adding up all of the medical expenses, legal fees and any awards, the standard liability limits in your homeowners or auto policy is often not enough.