What is Commercial Umbrella Insurance?
- A Commercial Umbrella Policy provides additional coverage when the limits of insurance on your underlying policy are exceeded. For Example: If you have a million dollar general liability policy on your business and you have a claim for two million, the umbrella would pay the additional amount. Know more about Commercial Umbrella Insurance.
- Umbrella Liability Policies add coverage to General Liability, Hired, and Non-owned Auto Liability and Employer’s Liability. Umbrella coverage does not apply to the Professional Liability Policy.