Kindinsurance15 May, 2025Finance
Commercial umbrella insurance extends the coverage limits of your standard liability policies, such as general liability, commercial auto, and employer’s liability insurance. It helps cover significant claims that exceed your base policy limits, protecting your business from potentially devastating financial losses. For example, if your general liability policy has a limit of $1 million and you face a lawsuit with $1.5 million in damages, umbrella insurance can cover the extra $500,000.
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