Some types of businesses are more likely than others to reach the limits of their existing coverage. Your need may also vary based on your revenue and assets. A licensed Mylo agent can review the needs of your specific business and let you know if Umbrella makes sense.
Why Commercial Umbrella Coverage?
Two words: rainy days.
- EXPERIENCE50 years
Don't put a limit on your success.
Commercial Umbrella insurance provides a whole extra level of protection for the great business you're building.
It shields you when you reach the limits of these other important coverages:
- General Liability
- Worker's Compensation
- Commercial Auto
If you end up with a big enough legal bill in any of these covered areas, your policy may cover some – but not all – of your expenses. Think of Commercial Umbrella as insurance for your insurance!
Mylo's licensed advisors help you compare a wide range of affordable Umbrella policies from top providers – and make the best decision for your business.
Want to learn more about your industry first? We're on it.
Fast facts about Commercial Umbrella coverage:
No, it always covers another policy. For instance, if you don't carry Commercial Auto insurance, Umbrella coverage cannot take its place if your business vehicle causes an accident.
Some additional situations include:
- You're doing business internationally, and your existing policy limits your overseas protection.
- You enter into a contract with a customer, partner or vendor - and it requires Umbrella coverage.
Top 3 reasons to choose Mylo
We're part of Lockton, the world’s largest independent insurance broker, connecting people to top-rated plans for 50+ years. We're pros at knowing what your business needs.
Our friendly licensed agents screen top-rated plans from the most trusted providers around – and guide you to the best combo of comprehensive coverage and affordable price.
You save serious time and effort by comparing a wide range of plans tailored to you in one convenient place. Call us to see how surprisingly easy it can be!
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Get a custom consultation on affordable coverage tailored to you. Only pay for what you need (nothing more, nothing less).
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