Umbrella Insurance for Businesses (Commercial) 

Umbrella insurance, also known as excess liability insurance, can help protect your business from gaps or limits in your existing policy coverage. This is one of the most important forms of coverage you can have for your business. Umbrella insurance can help protect your business from claims that could end up causing your business to close.  


Discuss your business coverage needs with your ProtectALL Insurance agent to get started.  


Who Needs Umbrella Insurance?  


Umbrella insurance is for all types of businesses that want to extend the limits contained by some of their liability insurance policies. These policies typically include the following:  

• Commercial general liability

• Business auto

• Workers’ compensation 

• Professional liability

Generally speaking, coverage is relatively inexpensive and has a significant benefit, so paying the additional cost may be worth it for your business. The cost of your coverage will depend on how much coverage you need. Your total amount of coverage will depend on the total value of your assets.  


How Does Umbrella Insurance Work? 


Umbrella insurance can provide coverage in two ways: paying liabilities in excess of existing policy limits or by providing coverage in areas not included with existing policies. In addition to working with your basic coverage to cover costs, this policy may also help provide coverage in additional areas by using a self-insured retention (SIR), which is essentially a specific dollar amount that functions like a deductible.  


Certain exclusions apply for varying policies, so be sure to discuss your coverage needs with an agent first.  


Learn More About Umbrella Insurance 


At ProtectALL Insurance, we’re ready to assist you through whatever coverage options your business needs. If you’re interested in getting started with an umbrella insurance policy, contact an agent today.