Commercial umbrella insurance provides excess liability protection above general liability, commercial auto, and employers liability.
What It Does
Example structure:
$1M General Liability
$1M Auto
$1M Umbrella
What It Does Not Do
- Replace base policies
- Cover professional liability automatically
- Replace pollution coverage
When You Likely Need It
- Multiple vehicles
- Commercial contracts
- Public interaction exposure
- Growing revenue
Recommended Structure
$1M per occurrence
$2M aggregate
$1M umbrella
For an umbrella evaluation, contact Prosperity North Advisors to schedule a consultation.