COMMERCIAL UMBRELLA INSURANCE

Commercial Umbrella Insurance provides an extra layer of liability protection by covering your business above and beyond your other policy's liability coverage limits.

For example, a client is walking in your parking lot and steps in a hole and falls, which in turn breaks their wrist.  You are then sued by that client and found liable for $2 million, but you only have $1 million liability with your business owner's policy.  You would be held responsible for the remaining $1 million.  Unless you had at least a $1 million umbrella, that would make up the $1 million difference.

WHAT DOES A COMMERCIAL UMBRELLA COVER

A commercial umbrella policy covers the same type of incidents as a business owner's liability, such as attorney fees and damages in the event of a lawsuit and medical expenses.