Umbrella liability insurance provides an extra layer of protection against bodily injury and/or property damage. Essentially, it picks up where your business auto liability, general liability or other liability coverage stops.
A commercial umbrella policy serves 2 distinct purposes:
Product, coverage, discounts, insurance terms, definitions, and other descriptions are intended for informational purposes only and do not in any way replace or modify the definitions and information contained in your individual insurance contracts, policies, and/or declaration pages from any underwriting companies, which are controlling. Such products, coverages, terms, and discounts may vary by state and exclusions may apply.
Information provided by Nationwide Mutual Insurance Company.