Business Auto Umbrella Policy at Car Insurance

Business Auto Umbrella Policy. A commercial umbrella policy protects your business against large liability losses by providing an added layer of coverage over your primary insurance. Your personal auto policy provides coverage for some business use of your vehicle.

Umbrella Coverage For Rainy Day | Lancaster Insurance Center
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It can provide excess liability coverage for any of your commercial liability policies—like your general liability and cyber liability coverage—in addition to supplementing your commercial auto insurance. It affords extra coverage to help pay for costs that exceed the liability limits on your general liability, commercial auto liability, and other underlying policies. Contracts of up to $5 million are not uncommon.

Umbrella Coverage For Rainy Day | Lancaster Insurance Center

This symbol covers any auto owned by an insured, including any auto that is acquired after the policy begins. How umbrella liability insurance works. A commercial umbrella policy serves 2 distinct purposes: It affords extra coverage to help pay for costs that exceed the liability limits on your general liability, commercial auto liability, and other underlying policies.