Commercial Umbrella Liability insurance policies are designed to provide businesses with extra coverage for catastrophic liability above and beyond the routine, every day exposures. In order to obtain Commercial Umbrella Liability coverage, the company must already own an underlying liability policy for example a commercial auto liability policy or a commercial general liability policy.

There are 3 situations in which your company can benefit from having Umbrella Commercial Liability coverage:

Your company has incurred a loss that has exhausted the limits of your existing, underlying liability policy coverage.

The loss is excluded under the underlying policy but not excluded under the umbrella. However, the insured must first cover the deductible amount.

Previous losses reimbursed by an underlying policy have already decreased the policy’s aggregate limit so that a subsequent loss is not fully covered.

Please give us a call today and let our experienced business insurance professionals shop around with multiple top-rated companies to find you the best overall value for a Commercial Umbrella Liability Policy that meets your needs. We’re here to help you.