A commercial umbrella policy adds extra liability limits on top of your general liability, commercial auto and employer’s liability coverage. If a serious accident or lawsuit exceeds those limits, the umbrella pays the rest up to its own limit. Many contracts and landlords in South Florida require umbrella coverage.
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Insurance Risk Advisors compares coverage from multiple A-rated carriers for Broward, Miami-Dade and Palm Beach County.
How does a commercial umbrella work?
Your underlying policies pay first. When a covered claim uses up those limits, the umbrella responds for the remaining amount.
Umbrellas often come in $1 million increments and can be surprisingly affordable for the protection they add.
Which businesses need an umbrella?
Businesses with vehicles on the road, contractors, property owners, restaurants and any company with frequent customer traffic often benefit.
Large contracts frequently require higher liability limits than a single policy provides.
Want to compare your options?
We shop several carriers so you can see real prices side by side.
What is the difference between umbrella and excess liability?
An umbrella can sometimes provide broader coverage than the underlying policies. Excess liability usually follows the underlying policies’ terms exactly.
We explain which one a carrier is offering so you know what you are buying.
Frequently Asked Questions
Does a commercial umbrella cover property damage to my building?
No. It covers liability to others, not damage to your own property.
Do I need an umbrella if I have high general liability limits?
An umbrella can extend limits across several policies at once, which is often more efficient.
Is a commercial umbrella expensive?
It depends on your industry and exposures, but it is often cost-effective for the added limits.
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Request a quote online or call our Sunrise office. Insurance Risk Advisors has served South Florida for more than 35 years.
