Often the contract decides before the exposure does. Leases, client agreements, municipal permits, and general contractors routinely require $2,000,000 or $5,000,000 of combined limits, which a primary policy alone does not reach. The exposure argument is separate and simpler. A single auto accident involving an employee on a California freeway can produce a claim well past a $1,000,000 primary limit, and business size does not cap what an injured person recovers. Umbrella limits are usually the least expensive limits in the program.
Related FAQs
Usually not by default. We can review whether that layer is available and appropriate for you.
It generally follows the terms of your underlying policies and does not add new types of coverage, such as professional liability, unless specifically arranged.
For a business the drivers are different from a personal umbrella. Three things usually set the working range. What your contracts and leases require, since many name a specific ...
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