What happens when a major lawsuit exceeds the limits of your standard liability policy? The result can be financially devastating. A Commercial Umbrella Insurance policy is your essential safeguard against this catastrophic risk. It provides an additional layer of liability protection, that sits on top of your existing policies, like General Liability and Commercial Auto.

It is one of the most cost-effective ways to ensure that one single event cannot threaten the future of the business you’ve worked so hard to build.

Commercial Umbrella Insurance

How Much Commercial Umbrella Insurance Do I Need?

The amount of your Commercial Umbrella is a strategic decision based on the total value of your business assets and your potential for future earnings. The more you have to lose, the higher your umbrella limit should be.

A specialized OKFB agent will help you assess your total exposure by looking at:

  • Your current business assets (property, equipment, cash reserves).
  • The liability risks inherent in your industry.
  • Your personal assets that could be at risk.

Commercial Umbrella Coverage Options & Features

Excessive Liability Coverage

Think of an umbrella policy not as a new type of coverage, but as a way to add higher limits to the essential liability protection you already have. It is designed to sit on top of your other policies, such as:

  • Commercial General Liability
  • Commercial Auto Liability

When a major lawsuit exhausts the limits of one of those underlying policies, the umbrella activates to provide an additional layer of protection, up to $5 million, to shield your business assets from a catastrophic loss.