October 17, 2023 • 7 mins
In the business world today, lawsuits against businesses are being filed with alarming frequency, and, unfortunately, the monetary amounts being awarded are increasingly exceeding six figures. If you are like most businesses, your Scottsdale general liability policy only covers up to $1 million dollars per occurrence. Think about what would happen to your company if a claim was awarded for $1.4 million. Could your current financial situation allow you to pay the extra $400,000 awarded? If you would like to explore your options concerning an Umbrella or Excess Liability Insurance Policy, the experienced and professional staff at PJO Insurance Brokerage would welcome the opportunity to put together an insurance plan for your company.
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