Commercial Umbrella

About Commercial Umbrella

Commercial umbrella insurance?

Commercial Umbrella

An additional layer of liability protection, commercial umbrella insurance covers costs that exceed the limitations of your other liability coverage. Your commercial umbrella insurance acts as an extension of your existing liability coverages, taking over when the limitations of your other policies have been exhausted.

If your firm is found liable for an injury to a customer and is sued for $1.5 million, but only has a liability policy of $1 million, a commercial umbrella policy could pay the $500,000 deficit, subject to the policy’s coverage limits.

Commercial umbrella insurance cost

Commercial umbrella insurance policies with $1 million in coverage can be purchased for less than $100 a year. Although it is available as a stand-alone policy, umbrella insurance works in conjunction with other types of liability insurance, like your most expensive policy, general liability.

What does commercial umbrella insurance cover?

Expenses such as legal fees, medical bills, and other losses incurred as a result of a lawsuit are all covered by commercial umbrella insurance.

Commercial liability insurance options

Additional endorsements, such as commercial umbrella insurance, may be appropriate for your business’s needs, such as:

  • Employees who rent or use their vehicles for business purposes are covered by hired and non-owned auto liability insurance.
  • EPL insurance, which protects employers from employee lawsuits, is available.
  • Defense costs and damages brought against a director or officer are covered by this insurance.
  • Liquor liability insurance shields you from lawsuits if your firm provides alcoholic beverages to customers.
  • If you are judged responsible for a fire that occurs in the premises you rent or lease, this insurance will cover you.


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