Commercial Umbrella/Excess Liability

In the event of a serious loss exceeding coverage limits of insurance policies such as commercial automobile liability, commercial general liability and employer liability policies, umbrella policies typically provide in million dollar increments, additional coverage when these primary policy limits are exhausted.  The umbrella policy as opposed to an excess policy, may also provide broader coverage than primary policies, ultimately resulting in coverage for a claim that may otherwise be excluded.

Efficient use of premium dollars is critical and just good business sense; savings from raising a property deductible for example, may be enough to buy a higher umbrella liability limit which could be the difference of whether your company survives a major liability suit.