What is Bumbershoot Insurance? Maritime Risk Mitigation Guide
Running a maritime business presents significant risks. A single incident can lead to crippling lawsuits. Bumbershoot insurance acts as a robust financial safety net, designed to protect your company from catastrophic losses. This guide explains bumbershoot insurance, its key differences from umbrella policies, and how to secure the right protection for your maritime operations. Understanding Bumbershoot Insurance: A Maritime-Specific Approach Bumbershoot insurance provides excess liability coverage specifically tailored to the unique hazards of the maritime industry....