Umbrella Policy

When you have a claim that exceeds the limits of your current policy, umbrella insurance provides extra coverage to protect your business and assets from financial risk. This is typically only available with existing liability policies where the limits of that policy have already been reached. You should consider an umbrella coverage if you're in a high - risk or high - liability industry, you worry about potential gaps in your coverage, or you want to sign a big client that requires more liability insurance.