Touring companies require high-quality liability protection to ensure their safety and avoid potential lawsuits. For example, obtaining an umbrella insurance policy from Brown-Hurst Insurance Agency Inc. can ensure your operation is fully protected from liability risks during one of your trips.
The Risks of Running a Tour Company
Iowa may not be known as a dangerous state, but it is filled with natural beauty and attractions that draw tourists. As a touring operator, you can earn a good income by showcasing these stunning areas. However, running a touring business comes with inherent risks, including the possibility of injuries and other liabilities.
Are you automatically at risk just because you run a touring company? Not necessarily. However, like any business, there’s always some level of risk, especially when you’re responsible for guiding people. That’s why it’s crucial to expand your liability protection with a high-quality umbrella insurance policy.
What Is an Umbrella Insurance Policy?
An umbrella insurance policy provides additional liability coverage beyond your standard business insurance. It kicks in when your primary coverage limits are exceeded. For instance, imagine one of your customers is injured during a tour, and their lawsuit demands compensation far beyond what your basic liability policy covers.
Without umbrella insurance, you would need to cover the remaining costs out of pocket, which could jeopardize your business. With an umbrella policy, your coverage extends further, helping you avoid financial strain and ensuring your business remains protected.
Secure the Umbrella Policy You Need
If you operate a tour company in Iowa and want to safeguard your business, contact us at Brown-Hurst Insurance Agency Inc. We’ll help you find an umbrella policy that offers comprehensive coverage to reduce your risks and keep your company running smoothly.