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Umbrella & Excess Insurance FAQ:

What is commercial umbrella insurance?

Commercial umbrella insurance bridges the gap between the assistance you need and the limits of your existing general liability policy, keeping you from paying out of pocket for unforseen expenses.

Does my business need commercial umbrella insurance?

The necessity of umbrella insurance varies from business to business. If you’re willing to pay out of pocket for any unforeseen expenses not covered by your existing general liability policy, then you may not need coverage. It’s best to contact a trusted insurance advisor to provide guidance on your unique situation.

What isn't covered by commercial umbrella insurance?

While umbrella insurance covers a broad swath of situations, there is no insurance policy that provides complete comprehensive coverage. Generally speaking, umbrella insurance may not extend the coverage for some policies, such as commercial property insurance. It's best to speak with a trusted insurance advisor to explore how umbrella insurance could help your business.

How much does umbrella insurance cost?

Commercial insurance coverage varies depending on the amount of existing coverage, the industry that your business is in, and the size of your business itself. Overall cost can also vary depending on the carrier that you choose.

For businesses that are seeking to increase their insurance protection and minimize out-of-pocket costs when an expense arises, Lowry Insurance's team is ready to find a solution that fits your needs and your budget. Connect with us today to add commercial umbrella insurance to your existing policy - it's time to gain complete peace of mind.