Business Umbrella Coverage Insurance

This type of coverage is called “Umbrella Liability” because it covers your business like an umbrella. It provides your business with additional insurance protection, beyond the limits of your general liability policy.

You can add umbrella liability coverage to the following policies:

This is how it works: if your general liability policy provides $1 million, but a claim settlement provides for $1.5 million, your umbrella policy would provide the additional $500,000. This is similar to the type of protection you may already have with your personal insurance. This type of protection does the same thing except for your business.

It is important to note however, that umbrella coverage cannot be used to supplement your professional liability insurance.

Take the Next Step

In our increasingly litigious society, more and more companies are purchasing excess liability/umbrella coverage. A single event, without the proper insurance protection, can have devastating results on your business. Contact us to find out how we can integrate all of your insurance coverages, including umbrella liability.