949.438.5207

Business Catastrophe Insurance

Business catastrophe insurance is an additional level of coverage that goes above and beyond the standard business policy most small and medium-sized companies have. As a business owner, you want to be absolutely sure that your investments are protected in case of unforeseen calamity—nobody wants to see all of their hard work destroyed by fire, theft, or anything else. However, every policy has its limits, and if the damage to your business is so severe that it exceeds the limits of your current business or property coverage, you'll be expected to pay the difference yourself.

Business Catastrophe Insurance Features

Business catastrophe insurance comes into play to prevent you from having to pay the excessive cost of a catastrophic loss. If you exceed the normal limits and the claim is for a qualifying event, this coverage will provide an additional level of protection and reduce or eliminate the portion of the claim that you would otherwise have to pay out of your own pocket. Here are the important things to know about this policy:

  • Business catastrophe insurance coverage amounts are proportional to individual business types and indemnity periods. Most companies purchase this policy and get at least one million dollars of coverage, just to be absolutely sure they have the protection they need if something goes extraordinarily wrong. Sometimes these extraordinary situations can arise due to the nature of a certain business, or because of a freak accident or natural disaster. One of our agents can help you determine an appropriate coverage length and amount.
  • This coverage may protect you from things your normal policies do not. While the specifics depend on the plan you get, business catastrophe insurance is usually offered as an umbrella policy that can cover almost anything that might occur.
  • This is the last resort, not the first. If a claim is covered by your normal policy and doesn't exceed those limits, your business catastrophe policy will not be utilized. Its main purpose is protecting you against particularly large claims, just in case something goes wrong and you truly need the extra protection.

For more information about business catastrophe insurance, give General Insurance Services a call today.

General Insurance Services

635 Camino De Los Mares, Suite 214

San Clemente, CA 92673

Main office: 949-438-5207
Toll free: 800-244-9878
Fax: 949-248-1716

Office Hours:

Mon: 8:30 AM - 5:30 PM
Tues: 8:30 AM - 5:30 PM
Wed: 8:30 AM - 5:30 PM
Thurs: 8:30 AM - 5:30 PM
Fri: 8:30 AM - 5:30 PM
Sat: By Appointment
Sun: Closed

Our Providers

Testimonials

My experience with General Insurance Services has been terrific. They are professional, knowledgeable, quick to respond. I have always felt like they have had my best interest in mind. I highly recommend them.
Kim W
Wonderful, product smart people who answer the phone promptly and know how to listen then find what you are looking for. Very stable. When they have been around for this long, you know they will be there when you need to call.
Gregg M.
As always, you have been there for my wife and me for several years and this is to let you know I do appreciate the personal excellent service you provide to us
Ron C.
I love the service our family receives from General Insurance!
Debbie S.
great company, always helpful!
Harvey D.
I agree, we have been with them for 23 years.
Luci A.
I just wanted to let you know how pleased I am with your excellent service and competitive pricing!
Pamela R.
I have worked with Kathy for about 19 years now. Whatever has been required over the years, she finds the answer. Plus she always remembers me by name right off the bat. Can't say enough good about the service. Highly recommend them.
Sarah C.
I am moving to Vegas and am bummed that Mercury is not there. Donna, I really wish we could stay with you, you have been awesome!
Sue W.
Hi Kathy ... Thank you so much for all your help! You are so wonderful to work with!
Victoria S.
General Insurance Services is a very professional insurance agency that provides information and details on Insurance programs. They are very professional, informative and have a reputation for quick response. They have assisted me in finding the right insurance plans for health, auto, home and business. They have made the subject of insurance very easy for me and I highly recommend this Insurance Agency.
Amanda K.
Just renewed my auto policy again with General Insurance Services, as well as my Health insurance policy for my family and myself. I love the fact that I can call their office anytime and can speak to a human being willing to help me with any questions I have. Super friendly. Always willing to find the best policy at the best price for me. LOVE recommending them to my friends and family.
Jared W.