Commercial Umbrella Insurance
Commercial Umbrella Insurance
You never know when it might rain! So, just like the name implies, this type of policy acts like an umbrella, providing protection against a wide range of potential financial dangers and unforeseeable mishaps.
A Commercial Umbrella Provides an Extra Layer of Protection
It covers situations where a lawsuit or major accident exceeds the limits of your underlying insurance coverage. It is designed primarily to provide coverage for catastrophic liability claims or judgments.
Why Do You Need a Commercial Umbrella Policy?
- To provide greater limits of liability for any one accident or occurrence.
- To provide coverage over an underlying policy aggregate limit that is reduced or exhausted by payment of damages.
What Coverages Are We Offering?
- Umbrella Limits starting at $1,000,000 and up.
- Additional limits of liability for coverages such as general liability, automobile liability and workers’ compensation.
- Stand alone coverage or follow form coverage depending on underlying policies and carriers.
- Low self-insured retentions.
What Coverages Are We Offering?
- Umbrella Limits starting at $1,000,000 and up.
- Additional limits of liability for coverages such as general liability, automobile liability and workers’ compensation.
- Stand alone coverage or follow form coverage depending on underlying policies and carriers.
- Low self-insured retentions.