Commercial Umbrella Insurance2025-04-03T06:12:27-04:00

Commercial
Umbrella
Insurance

Commercial Umbrella Insurance

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Save up to 37% with Fearnow Insurance

Do you need commercial umbrella insurance? As a business owner, you could encounter situations where your basic liability policy doesn’t cover the entire claim. If you don’t have an umbrella policy, you would be forced to cover that overage from your business finances. To reduce your financial risk, we recommend that all businesses have a commercial liability umbrella policy.

Who Needs a Commercial Umbrella Policy

If you’re a small, medium, or large business that interacts a lot with customers in person, has employees work off-site on customer properties, or have heavy machinery on-site that your employees use, you are a good candidate for a commercial umbrella policy. In these scenarios, you’re at an increased risk for accidents. Someone could slip and fall while they’re in your place of business. The property owner could get hurt at the job site where your employees are working, and some could get injured around your heavy equipment.

What Our Customers Say

Joseph and Kayla went above and beyond to find the best rates for home and auto insurance. They stayed in constant communication and made the process very easy. 10/10 recommend Fearnow insurance!
Steven
22:32 11 Sep 25
Helped me find good policies in my budget.Madrianne was very helpful,kind and so easy to work with.... She is GREAT !!
Eric Hopkins
14:49 09 Sep 25
Jean Rodriguez with Fearnow Insurance has been such a blessing for Catholic Youth Soccer, Inc. Since we became a federally recognized nonprofit, she has been fully committed to making sure we are properly protected. Jean’s customer service is amazing—she is attentive, knowledgeable, and always goes the extra mile.Thanks to Jean’s support, CYS has the peace of mind to focus on serving families in our community through faith-based youth soccer. I highly recommend Jean and Fearnow Insurance!CYS is a huge fan of Jean's!!!!!!!
Patrick Poland
20:49 05 Sep 25
Jean Rodriguez, went above and beyond to help me out with my policy . I have a health situation, and she resolved the issue. I appreciate the fact that she kept me informed, and cares about her Clients. Thank you!
Manuel Campoamor III
20:48 05 Sep 25
Lydia in auto and Joe in Life insurance are fantastic ! Excellent customer service , quick responses to inquiries, above and beyond enthusiasm and attention to detail. Highly recommend this Insurance agency.
Grace Rhymes
17:36 04 Sep 25
Joseph was great to work with. He was knowledgeable, communicative, and answered all my questions! He also saved me and my family hundreds of dollars while still keeping great insurance on two vehicles. Good bye Geico! Thank you Fearnow team!
Lorenzo Laporte
21:46 03 Sep 25
I had a great pleasure to work with Joe. Answered to all my questions (I had a lot) and found the best price for my home insurance. Would recommend to check these guys when you are renewing your policy
Andy S
20:34 03 Sep 25
Mr. Joseph was very professional and knows what he is doing.He is very knowledgeable about the needs of the customers and takes time to explain for your understanding.He is very quick in responding to emails and questions.Thank you for your assistance.
Daniel Otu-Jireh
18:38 01 Sep 25
Love dealing with Fearnow, they take care of all my insurance needs. Thank you Joe!
Garrett Norris
18:08 29 Aug 25
I would give our agent, Jean Rodriguez at 5 Stars for sure! She is very knowledgeable about our coverage and always very helpful in answering questions when I have them. She is quick to respond to phone calls and emails! Would highly recommend her for your insurance needs!
Christina Wyant
19:03 28 Aug 25

The Fearnow Agency Advantage

  • We work for you, not the insurance carriers, to ensure your claims are processed efficiently and are paid out quickly.
  • Unlike a single-company agency, we have access to over 100 carriers, so we’re never limited in the services we can provide you.
  • We can save you up to 37% in insurance cost, or get better coverage for the same cost.
  • We always provide full disclosure of plan inclusions and exclusions.
  • We offer customized plans tailored specifically to your needs, instead of forcing you into a pre-packaged solution that won’t really work for you.
  • Our agents are continuously training, so they stay the leading experts in their field.

What Commercial Umbrella Insurance Does

Commercial umbrella insurance is often referred to as business umbrella insurance, and it is designed to extend certain other coverages, like commercial auto and general liability. When you have a claim that exceeds the limits on the extended policies, the commercial umbrella covers the difference. For example, if you have a car accident that involves a company vehicle, and the cost of damages is $100,000. Still, your auto policy only covers up to $75,000, the umbrella policy would cover the other $25,000.

Commercial Umbrella Insurance Coverage

Commercial umbrella insurance adds an additional layer of protection for:

Bodily Injury

This coverage applies if a customer or client gets injured at your physical location, and the limitations of your primary liability coverage are exceeded. For example, if someone is walking through your warehouse and a box falls on them, causing an injury. Your primary liability coverage pays for medical expenses up to $150,000. The injury sustained and medical bills and treatment actually cost $250,000. Without umbrella insurance, you’d be forced to pay that remaining $100,000.

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Competitive pricing nationally with world-class customer service!

Lawsuits

If you are sued for property damage, illness or injury by a client, customer, visitor, or employee and the limitations of your primary insurance coverage are exceeded, this coverage helps pay the remainder of the legal fees and/or judgments. For example, if you’re sued for 2 million dollars, and your legal fees are $500,000, your primary coverage would pay first. In this instance, let’s say that your primary coverage covers up to 1.5 million. If you have commercial umbrella insurance, that policy would pay the remaining million dollars.

Damage to Property

If your business causes property damage to another individual’s home or business and your primary coverage limits are exhausted, this policy helps cover the remaining expenses. For example, let’s say that you are working on a building, and something you did causes significant damage to the building. Your initial policy covers up to 1 million dollars, but the damage and repair costs are estimated at 1.5 million. In this instance, your umbrella insurance policy would cover the remaining half a million dollars.

Limitations of Commercial Umbrella Insurance

In general, commercial umbrella insurance policies can be written with limits between 1 million and 15 million. The limitations of your umbrella policy are cumulative for the policy period. Additionally, commercial or business liability umbrella insurance may not cover all liability claims, and they typically do not extend the limits of commercial property insurance. For example, let’s say you have an accidental fire at your business due to a lightning strike. If the damage to the building exceeded your property insurance coverage, you would still be responsible for paying for the remainder of the repairs from your business finances.

Understanding the Cost of Your Commercial Umbrella Policy

Commercial umbrella policies are written for your business and its insurance needs. The cost of your policy will be determined by the size of your business, the type of business you operate, the amount of your primary coverage, and the limit amount you need on your commercial umbrella policy. Other factors that may influence the cost include the amounts of any deductibles and whether you’re eligible for any discounts.

Getting Commercial Umbrella Insurance with Fearnow

If you are considering getting commercial umbrella insurance, give our agents at Fearnow a call today. We can answer all your questions and find the right umbrella policy for your business. In addition, we also offer other types of commercial insurance, including nonprofit, workers comp, commercial property, business, general liability, and commercial vehicle.

To learn more about our business insurance policies and to get a quote, call us at (813) 689-8878.