Umbrella liability insurance protects you when accidents happen and your existing liability insurance policies cannot cover all the expenses. Umbrella liability picks up where your other liability coverage stops, providing extra protection against bodily injury or property damage.
How Umbrella Insurance Works
A commercial umbrella policy serves two purposes:
- It expands the limit that your company already has in its existing liability policies.
- It potentially broadens coverage for things that your underlying policies may not cover.