A commercial umbrella policy protects you when a catastrophe results in losses that exceed your basic liability coverage. In some cases, it can even broaden your protection.
For businesses with above-average risk exposure (high loss potential, high-profile, a global presence, etc.), higher coverage limits may be necessary. In those cases, excess liability coverage can provide extra coverage above and beyond an umbrella policy.
Examples where a commercial umbrella policy might be needed can include:
If you’re not sure about whether you need umbrella insurance, we can help. Contact us today to speak to our professionals and find out whether umbrella insurance is right for your business.