Commercial Umbrella

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 ...

No. It sits above them and requires qualifying underlying coverage to be in place.

What sits beneath it, more than the umbrella limit itself. Underwriters look at the underlying exposures being layered over: the class of business, revenue or payroll, the number and ...

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 ...

The umbrella still attaches where the schedule says, and you own the gap. If the schedule requires a $1,000,000 general liability limit and the primary is written or reduced ...

It attaches at a stated point, and only over the policies listed on its schedule. The schedule of underlying insurance names each policy and the limit it must carry, ...

Commercial Umbrella Insurance generally does not reach liabilities that your underlying policies do not cover in the first place. Professional errors and omissions are the common example, and those ...