Commercial umbrella insurance from the hartford is flexible.
Stand alone commercial umbrella.
A commercial umbrella insurance policy with 1 million in coverage can cost as little as a few hundred dollars a year.
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It works in conjunction with your other liability coverages such as general liability insurance which is your most expensive policy.
For instance if your general liability policy offers 1 million coverage per occurrence or 2 million total you could get a 2 million umbrella policy and increase those limits.
It increases the liability limit that your company already has in existing or underlying liability policies.
Commercial umbrella stand alone ok all underlying carriers must be rated a vii or better.
However umbrella insurance isn t offered as a stand alone coverage.
Commercial umbrella and excess liability insurance offers additional coverage beyond the limits of your client s primary liability insurance and is designed to protect your clients from sizable judgments and costs incurred while defending lawsuits.
Minimum premium 500 00 for more information please contact our marketing department.
You can protect your assets with rli s personal umbrella policy.
Stand alone policies typically are more expensive than adding coverage with your primary insurance company.
Umbrella limits up to 10 million excess available over that.
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If you re in a low wind area and you religiously remember to close your umbrella it could also work as a stand alone base.
Umbrella limits up to 10 million excess available over that.
Available over most classes of business.
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A personal umbrella policy from rli provides an extra layer of affordable liability protection over your existing homeowners and auto insurance policies.
Coverage may be written on a stand alone basis or as part of a package policy.
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It can even extend the liability coverage of policies you have with other insurance companies.
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A commercial umbrella policy serves 2 distinct purposes.
Commercial umbrella stand alone ok all underlying carriers must be rated a vii or better.
Average umbrella insurance costs are 150 300 per year for a 1 million policy another 75 for the next million and another 50 for every million after that.
Minimum premium 500 00 for more information please contact our marketing department.