Commercial Umbrella Insurance
Extend your business’s liability coverage with commercial umbrella insurance. Protect against large lawsuits, property damage claims, and unexpected expenses beyond your standard policy limits.
Extra coverage for big risks.
When standard coverage isn’t enough.
A single lawsuit could financially devastate your business. Commercial umbrella insurance provides extra liability protection, extending coverage beyond the limits of your general liability, commercial auto, or workers’ compensation policies. If a claim exceeds your policy limits, umbrella insurance helps cover the rest—so your business stays protected.
At Stephen Benjamin Insurance Agency, we help businesses secure affordable, high-limit umbrella insurance to reduce financial risk. Whether you run a small business or a large company, we’ll find the right policy to ensure you’re protected from costly claims and lawsuits.
How commercial umbrella insurance protects your business.
01
Extended Liability Limits
Increases coverage beyond general liability, commercial auto, and employer liability policies.
02
Lawsuit Protection
Helps cover legal fees, court judgments, and settlements exceeding your primary policy limits.
03
Industry-Specific Coverage
Ideal for contractors, retail stores, professional services, and businesses with public exposure.
Understanding commercial umbrella insurance.
If your business faces high-risk liabilities, an umbrella policy ensures peace of mind.
What does commercial umbrella insurance cover?
It extends the liability limits of your general liability, commercial auto, and employer liability policies. If a claim exceeds your primary policy limit, umbrella insurance pays the remaining costs, including lawsuit settlements, legal fees, and medical expenses for covered claims.
Who needs commercial umbrella insurance?
Businesses with high-liability risks, customer interactions, or public-facing operations benefit most. If you own a retail store, contracting business, restaurant, or professional service company, umbrella insurance provides extra protection against major financial losses.
How much umbrella insurance does my business need?
Coverage depends on industry risks, revenue, and existing policy limits. Most businesses opt for $1 million to $5 million in umbrella coverage. If you own multiple locations, have employees, or deal with large contracts, higher limits may be necessary.
Does commercial umbrella insurance cover professional liability?
No, commercial umbrella insurance does not extend professional liability coverage. If you provide consulting, financial, legal, or medical services, you’ll need errors & omissions (E&O) insurance for professional liability protection.
How much does commercial umbrella insurance cost?
Premiums vary based on business size, risk exposure, and coverage limits. Most policies cost $500–$1,500 per year per $1 million in coverage. Since umbrella insurance extends multiple policies, it’s an affordable way to increase liability protection without significantly raising individual policy costs.
