What is Commercial Umbrella Insurance?

Commercial umbrella insurance provides additional liability coverage that kicks in when your primary insurance policies reach their limits. This excess liability insurance acts as a safety net, protecting your business assets from catastrophic claims that could otherwise bankrupt your company.

Unlike standard general liability insurance or commercial auto insurance, umbrella coverage extends across multiple underlying policies. When a lawsuit exceeds your primary policy limits, your business umbrella insurance provides an additional layer of financial protection.

Key Coverage Areas:

• General liability claim overflows

• Commercial auto accident excess costs

• Professional liability lawsuit settlements

• Employment practices liability claims

• Legal defense costs beyond primary limits

Coverage limits typically range from $1 million to $15 million, giving businesses flexibility to match their specific risk management needs.

Why Your Business Needs Commercial Umbrella Insurance Now More Than Ever

Rising Liability Costs Threaten Every Business

Social inflation and litigation funding are driving up claim costs dramatically. Social inflation remains a persistent challenge for liability lines as social dynamics continue to evolve. What once seemed like adequate coverage limits may no longer protect your business assets.

Current Market Challenges:

• Nuclear verdicts increasing settlement amounts

• Organizations with large auto fleets or high-hazard products facing difficult umbrella renewals

• Reduced insurer capacity making coverage harder to secure

• Enhanced technology in vehicles leading to higher repair costs

Protect What Matters Most

Your business represents years of hard work, dedication, and financial investment. Commercial umbrella insurance ensures that a single lawsuit doesn't destroy everything you've built.

What You're Protecting:

• Business assets and property

• Personal assets (in certain structures)

• Future earnings and cash flow

• Company reputation and operations

• Employee livelihoods and jobs

Without adequate excess liability coverage, you're personally responsible for costs that exceed your primary insurance policy limits.

Comprehensive Coverage Benefits & Flexible Limits

Broad Protection Across Multiple Policies

Business umbrella insurance doesn't just increase one policy's limits—it provides excess liability coverage across your entire insurance portfolio.

Primary Policies Enhanced:

• General liability insurance claims

• Commercial auto insurance accidents

• Workers' compensation insurance settlements

• Professional liability insurance lawsuits

• Directors and officers insurance claims

• Employment practices liability cases

Flexible Coverage Limits for Every Business Size

Insurance companies write business umbrella policies with limits ranging from $1 million to $15 million. The Allen Thomas Group helps determine the right coverage amount based on your:

• Business assets and net worth

• Industry risk profile

• Revenue and growth projections

• Employee count and locations

• Claims history and exposures

Cost-Effective Risk Management Solution

Commercial umbrella insurance provides exceptional value for comprehensive protection. Coverage starts around $200 annually for $1 million in protection, making it one of the most cost-effective risk management tools available.

Value Advantages:

• High coverage limits at reasonable premium costs

• Multiple policy protection with single premium

• Legal defense costs coverage included

• Worldwide territory in most policies

• Claims management support and expertise

The Allen Thomas Group Advantage: Smart & Easy Protection

Local Expertise, National Reach

For over 20 years, we've simplified the insurance process for businesses across Akron, Ohio and more than 20 states. Our local presence means personalized service, while our extensive carrier relationships ensure competitive options for your commercial umbrella insurance needs.

Why Choose Allen Thomas Group:

• 20+ years of commercial insurance experience

• Local agents who understand Ohio business challenges

• Multiple carrier relationships for competitive rates

• Risk management expertise and consultation

• Claims advocacy when you need support most

• Streamlined process that saves time and money

Personalized Service That Makes the Difference

We don't believe in one-size-fits-all insurance solutions. Every business has unique risk exposures and coverage needs. Our experienced team takes time to understand your operations, assess your liability risks, and design customized commercial umbrella insurance protection.

Our Process:

1. Comprehensive risk assessment of your business

2. Coverage gap analysis of existing policies

3. Custom umbrella design matching your exposures

4. Carrier negotiation for optimal rates and terms

5. Ongoing support and annual coverage reviews

Peace of Mind You Can Count On

When you choose The Allen Thomas Group for commercial umbrella insurance, you're not just buying a policy—you're gaining a trusted partner committed to protecting your business success.

We provide more than just insurance; we offer security and confidence knowing your business is well-protected against unexpected liability claims that could threaten your financial future.