Commercial Umbrella Insurance

Cover Your Business With Umbrella Liability Insurance

Umbrella liability insurance protects you when accidents happen and your existing liability insurance policies cannot cover all the expenses. Standard business liability coverage will take care of you in most situations, but when serious situations arise, commercial umbrella insurance will help ensure that your business is protected. While no one wants accidents to happen, they do − and people sue. Here are a few possibilities:

  • Your company holiday party gets out of hand resulting in various injuries and damages
  • Your building has a carbon monoxide leak that results in multiple injuries and/or deaths
  • Your business fails to render the appropriate professional services 

Cover your business with commercial umbrella insurance

A business umbrella policy picks up where your business auto liability, general liability or other liability coverage stops. Umbrella insurance is an inexpensive way to provide extra coverage against bodily injury and/or property damage. 

For example, if your current policy covers you for $1 million and you are successfully sued for $1.5 million, your business umbrella insurance coverage can pay the outstanding $500,000 − which is a lot less painful than having it come out of your business profits.