Commercial Umbrella Insurance
Protect your business from costly lawsuits and catastrophic claims with commercial umbrella insurance from Stanton Insurance Group. This coverage provides an extra layer of liability protection beyond your existing commercial policies, helping you safeguard your company’s assets, employees, and reputation.
Why Choose SIG for Commercial Umbrella Insurance?
As a family-owned, independent insurance agency with over 30 years of experience, Stanton Insurance Group (SIG) partners with more than 50 top-rated carriers to help New Jersey businesses find the right coverage at the right price.
- Expert guidance tailored to your industry
- Access to 50+ commercial insurance carriers
- Custom coverage limits to fit your risk exposure
- Fast, responsive service from a local team
Save More by Bundling
Combine your commercial umbrella insurance with your general liability, commercial auto, or property coverage to save on premiums and simplify your policy management. SIG makes it easy to bundle policies across multiple carriers for seamless protection and one point of contact.
What Does Commercial Umbrella Insurance Cover?
Bodily Injury Liability
Covers medical expenses and legal damages if someone is injured due to your business operations.
Example: A customer slips and falls at your store, resulting in a lawsuit that exceeds your general liability limits.
Questions?
Contact an insurance agent at Stanton Insurance Group today to answer any of your questions or for a free review and quote.
Commercial Umbrella Insurance FAQs
Commercial umbrella insurance is extra liability coverage that extends beyond your general liability, commercial auto, and employer’s liability policies.
Think of it as a “top-up” policy. If your primary business insurance limit is exhausted, your commercial umbrella policy steps in to cover the remaining amount, up to your umbrella limit.
Example: A client sues your company for $1.5 million in damages, but your general liability policy only covers $1 million. Your commercial umbrella insurance would pay the remaining $500,000.
This additional coverage helps protect your business assets, cash flow, and long-term stability.
To determine your coverage limits:
- Assess your assets – Ensure your policy can protect the full value of your business assets.
- Evaluate risk exposure – Consider your industry’s liability risks and customer interactions.
- Review client contracts – Some require minimum umbrella coverage levels.
- Consult an expert – SIG agents can help you analyze your exposure and choose appropriate limits.
The cost of a commercial umbrella policy varies depending on:
- Coverage limits (usually sold in $1 million increments)
- Type of business and industry (higher risk = higher premium)
- Number of employees or vehicles
- Claims history
- Location and business size
For many small businesses, coverage starts at around $20–$40 per month, making it an affordable safeguard against large-scale risks.
An umbrella policy can provide broader coverage than your underlying policies, while excess liability simply increases existing limits.
Yes, if your business interacts with clients, owns vehicles or property, or faces risks of costly lawsuits that could exceed your standard coverage limits.
A commercial umbrella policy focuses on liability, not property or professional errors. It generally does not cover:
- Damage to your own business property
- Professional errors or omissions (requires E&O insurance)
- Intentional or criminal acts
- Employee injuries covered by workers’ compensation
- Contractual liability unless specifically included