Umbrella Insurance
Commercial umbrella insurance adds extra liability limits above general liability, auto, and employers liability policies.
Umbrella Insurance for Growing Businesses
When a serious lawsuit exceeds your underlying insurance, umbrella insurance provides additional limits that can protect your company and personal assets tied to the business.
Remco Insurance Services structures umbrella and excess liability programs nationwide so underlying policies meet carrier requirements.
What Is Commercial Umbrella Insurance?
A commercial umbrella policy sits above your primary general liability, auto liability, and employers liability policies. After underlying limits are exhausted by a covered claim, the umbrella pays up to its own limit, subject to terms and self-insured retentions.
Umbrella policies may follow the underlying coverage form or provide broader coverage on a following-form or drop-down basis depending on wording.
Umbrella Program Elements
Extra limits when catastrophic claims hit.
Excess General Liability
Additional limits over CGL after underlying aggregate is used.
Excess Auto Liability
Higher limits over commercial auto policies for fleet operations.
Employers Liability
Extends over workers compensation employers liability portion.
Self-Insured Retentions
May apply when umbrella covers claims not covered by underlying policies.
Contract Compliance
$5M+ umbrellas common for construction and large vendor agreements.
Follow-Form vs Umbrella
We explain whether your policy drops down or follows underlying exclusions.
Why Businesses Buy Umbrella Coverage
Jury awards and medical costs can exceed $1 million quickly. Umbrella insurance is an economical way to buy millions in extra limits compared to raising each underlying policy.
We audit underlying policies annually so umbrella carriers continue to accept your program without gaps.
Frequently Asked Questions
Consider contract requirements, asset exposure, and industry norms. Many firms carry $1M to $10M depending on risk.
Typically general liability, auto liability, and employers liability at stated minimum limits. Carriers publish required underlying schedules.
Excess policies often follow the underlying form exactly. Umbrellas may provide broader coverage in some scenarios. We clarify your form.
Usually no unless specifically endorsed. Professional claims need E&O coverage underneath or a specialized excess policy.
Territory follows underlying policies and umbrella terms. Multi-state operations need consistent underlying coverage nationwide.
Umbrella protects the insured organization; personal umbrella is separate. Owners should discuss personal asset protection with advisors.
Add Umbrella Protection
Increase your liability limits with umbrella coverage coordinated across your commercial policies.