Introduction:

What is commercial umbrella insurance?

Commercial umbrella insurance is a type of insurance that provides additional coverage for businesses that already have other types of insurance, such as general liability insurance. It can help protect businesses from large losses that are not covered by their other policies.

Why do businesses need commercial umbrella insurance?

Even if you have a comprehensive insurance policy, there may be some things that are not covered. Commercial umbrella insurance can help fill in the gaps and protect you from costly losses. For example, if you are sued for more than your general liability policy covers, commercial umbrella insurance can pay the difference.

What does commercial umbrella insurance cover?

Commercial umbrella insurance typically covers the following types of losses:

* Claims that are not covered by your other insurance policies
* Excess liability for covered claims
* Legal defense costs
* Settlement costs
* Judgments

How much does commercial umbrella insurance cost?

The cost of commercial umbrella insurance varies depending on a number of factors, including the size of your business, the type of industry you are in, and your other insurance coverage. However, commercial umbrella insurance is typically very affordable, and it can provide peace of mind knowing that you are protected from costly losses.

How to find the best commercial umbrella insurance for your business?

There are a number of different insurance companies that offer commercial umbrella insurance. It is important to shop around and compare rates before you decide on a policy. You should also make sure that you understand the terms of the policy so that you know what is and is not covered.