Commercial Umbrella Insurance
Expand your coverage with our comprehensive policies.
Working with the Bly Insurance Group, specifically Joe, has been a great and streamlined experience.
– Michael Minnis
Extend Your Protections Beyond the Basics With Custom Umbrella Coverage
When standard policies aren’t enough to cover major claims, commercial umbrella insurance steps in to protect your business. This policy extends the limits of your general liability, commercial auto, and employer liability policies, offering an additional layer of financial security. Whether it’s a high-stakes lawsuit, extensive medical expenses, or property damage claims, umbrella insurance ensures your business is shielded from unexpected financial strain.
At Bly Insurance Group, we specialize in creating umbrella insurance policies tailored to your unique risks, so you can focus on growing your business with confidence.
Strengthen Your Coverage With Solutions From Bly Insurance Group
What Commercial Umbrella Insurance Covers
Umbrella insurance is designed to protect your business from large, unexpected claims by covering costs that exceed your primary policies. These may include:
- Legal Expenses: Costs associated with defending your business in lawsuits or settling claims.
- Bodily Injury: Expenses related to injuries sustained on your property or caused by your business operations.
- Property Damage: Coverage for significant damage claims that surpass the limits of your underlying policies.
- Libel or Slander Claims: Protection against legal costs from reputational harm lawsuits.
By covering these gaps, Bly Insurance Group’s commercial umbrella insurance helps ensure your business remains financially secure, even in challenging circumstances.
What Umbrella Insurance Does Not Cover
While commercial umbrella insurance provides extensive coverage, it’s important to understand its limitations. Umbrella policies typically do not cover:
- Business Property Damage: Losses to your own property require a separate commercial property policy.
- Workers’ Compensation Claims: Injuries or illnesses sustained by employees are covered under workers’ comp insurance.
- Professional Liability: Mistakes or omissions in your professional services require errors and omissions (E&O) insurance.
- Intentional Acts: Claims resulting from intentional misconduct are not covered.
At Bly Insurance Group, we guide you in understanding these exclusions and recommend complementary policies to ensure full protection.
Don’t Let the Cost of a Claim Exceed Your Liability Coverage
Large claims threaten your business’s stability if they exceed your liability coverage limits. A customized commercial umbrella insurance plan from Bly Insurance Group safeguards your financial future by stepping in when your primary policies are maxed out.
Industries That Benefit From Umbrella Coverage
Certain industries face higher liability risks, making commercial umbrella insurance a critical safeguard. In the hospitality industry, frequent guest interactions heighten the chances of accidents and liability claims. Transportation and logistics businesses are exposed to costly settlements due to vehicle accidents or cargo damage. Manufacturing and distribution operations must account for product liability and workplace injuries, requiring robust financial protection. Contractors face significant risks on construction sites, including property damage and personal injury. Bly Insurance Group crafts industry-specific umbrella policies tailored to address these challenges, ensuring your business is protected against the risks that matter most in your field.
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