{"id":154,"date":"2025-12-31T12:00:00","date_gmt":"2025-12-31T18:00:00","guid":{"rendered":"https:\/\/www.greatmichiganinsurance.com\/blog\/?p=154"},"modified":"2025-12-03T08:51:32","modified_gmt":"2025-12-03T14:51:32","slug":"why-michigan-business-owners-need-umbrella-insurance","status":"publish","type":"post","link":"https:\/\/www.greatmichiganinsurance.com\/blog\/why-michigan-business-owners-need-umbrella-insurance\/","title":{"rendered":"Why Michigan Business Owners Need Umbrella Insurance"},"content":{"rendered":"<p>If you go out in the rain with a raincoat on, you might also take along an umbrella for extra coverage. Similarly, Michigan business owners need to carry umbrella insurance. Umbrella insurance is not meant to replace the coverage you already have, but instead adds coverage for specific things that may create a risk for you and your business.<\/p>\n<p>At Great Michigan Insurance, serving Marshall, MI, we take pride in helping business owners understand the risks, so that they can better manage those risks with insurance that matches their needs.<\/p>\n<h2>Manage Your Risks<\/h2>\n<p>Business owners have many risks to manage, such as lawsuits with large liability claims that could put their company out of business.<\/p>\n<p>Umbrella insurance may be structured to step in after your other insurance policies reach their limits. It may also provide coverage that is not included in other policies you have, such as protection for defamation claims caused by your use of social media.<\/p>\n<h2>Lawsuits Against Businesses Are Common<\/h2>\n<p>The U.S. is a highly litigious society. You can expect to face lawsuits if you operate a business, especially one that is reasonably successful, as you become a financial target.<\/p>\n<p>Rather than risk it all by being uninsured or underinsured, plan for circumstances that may result in lawsuits. A classic example of this is a slip-and-fall accident, a common occurrence if you operate a commercial property open to the public.<\/p>\n<p>Meet with one of our agents at Great Michigan Insurance to learn more about what umbrella insurance can do for your business. We&#8217;re currently serving Marshall, MI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you go out in the rain with a raincoat on, you might also take along an umbrella for extra coverage. Similarly, Michigan business owners need to carry umbrella insurance. Umbrella insurance is not meant to replace the coverage you already have, but instead adds coverage for specific things that may create a risk for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6,18,7,8,22],"class_list":["post-154","post","type-post","status-publish","format-standard","hentry","category-insurance","tag-great-michigan-insurance","tag-insurance","tag-marshall","tag-mi","tag-umbrella"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n\t<meta name=\"author\" content=\"admin\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.greatmichiganinsurance.com\/blog\/why-michigan-business-owners-need-umbrella-insurance\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO 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