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Home  »  Products   »   Excess Liability (Umbrella) Insurance For Small Business

Excess Liability

As its name implies, umbrella insurance extends your coverage beyond the limits of your basic business insurance. Also referred to as excess liability insurance, umbrella insurance is important because it covers unexpected events. It’s generally not expensive and in certain instances, it could literally save your business. For example, if your general liability insurance covers you up to $1 million, but your claim settlement calls for you to pay $1.5 million, your umbrella insurance will cover the additional $500,000.



Why You Need Umbrella Insurance

No one expects a disaster to strike his or her business, but every small business is vulnerable to a major catastrophe or a huge lawsuit. Think about some of the devastating losses you’ve heard about recently, or the large settlements that are awarded in courts. Some of these losses could exceed your primary insurance coverage unless you protect your business with umbrella insurance. Umbrella Liability adds coverage to General Liability, Hired and Non owned Auto Liability and Employers Liability all for one single premium. It is important to note that excess liability coverage does not apply to your professional liability insurance policy. offers all types of NJ business insurance through a variety of insurance carriers. Protect the other important assets in your company with workers compensation insurance, group health insurance, general liability insurance, professional liability insurance, employee benefits, and more. We also specialize in technology insurance for IT professionals.