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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 Mid-America Specialty Markets a call today.

Our Locations

MASM / Columbia

2800 Forum Blvd, STE 4B
Columbia, MO 65203
Main office: 573-447-4990

*MASM / O'Fallon

1656 Bryan Rd
O'Fallon, MO 63368
Main office: 636-978-3696
Toll free: 888-978-3696

MASM / Springfield

330 W Plainview Rd, STE F
Springfield, MO 65810
Main office: 417-865-1558

MASM / Clever

6809 State Highway 14 W, Ste F
Clever, MO 65631
Main office: 417-743-2288
Toll free: 888-978-3696

MASM / Joplin

1401 E 7th St, Ste B
Joplin, MO 64801
Main office: 417-553-0692

MASM / Lamar

128 W 10th St
Lamar, MO 64759
Main office: 417-682-3131

MASM / Neosho

613 W Coler St
Neosho, MO 64850
Main office: 417-451-9177

MASM / Nixa

204 Village Center St. Suite 7
Nixa, MO 65714
Main office: 417-595-4430

MASM / Seneca

908 Washington Ave
Seneca, MO 64865
Main office: 417-776-5433

MASM / Shawnee, KS

6208 Richards Dr
Shawnee, KS 66216
Main office: 913-322-3388

Testimonials

I've been with Estal Insurance and Nationwide for over 10 years now, and I've had nothing but good experiences with them. Recently, my stepdaughter was in a serious motor vehicle accident, and both Nationwide and the Estal Agency have been very helpful throughout the process. I highly recommend their office.
kmh314 From St. Charles, MO
My family has been a customer of Estal Insurance for over 10 years. Renters and Auto Policies in our 20's. Home, Auto, and Life Policies in our 30's. The rates are always fair and the service is excellent! Matt is more than willing to offer suggestions on how to get the best value for our budget while making sure we are protected with the appropriate limits. Whenever we have had any claims over the years, they always go the extra mile to make sure we are taken care of. And they offer free towing AND roadside assistance! My family and I feel fortunate to work with the entire Estal team. They are practically like family to us! We would recommend them to anyone who is looking for insurance.
Anonymous From St. Louis, MO
Matt has taken care of my family's insurance needs for some time now. Home, auto and life insurance are not an area of stress in my life because I know I have everything covered! I would definitely recommend this agency!! Extremely thorough and dependable!
JenS40 From O'Fallon, MO
Estal insurance can assist fully with all business insurance needs. They are always accommodating to our growing business insurance needs and they are very responsive
Estipes From Saint Charles, MO