A commercial umbrella adds liability limits above your general liability, commercial auto and employer's liability policies. It protects your business from large claims that could exceed your primary limits.
Many contracts require higher liability limits than a primary policy provides, and an umbrella is often the most cost-effective way to meet them.
What commercial umbrella insurance can cover
- Excess general liability
- Excess commercial auto liability
- Excess employer's liability
- Legal defense costs
- Contract-required limits
- Coverage in $1 million increments
Good to know in Florida: Contractors bidding larger jobs in Northeast Florida are often required to show umbrella limits. We'll coordinate your underlying policies.
Commercial Umbrella Insurance FAQs
How much umbrella coverage should my business carry?
It depends on your contracts, assets and risk. Many businesses start with $1 million to $2 million.
Does it cover professional errors?
Generally no. Professional liability is a separate policy.
Is it expensive?
Umbrella limits are often inexpensive relative to the protection they provide.