Commercial Umbrella Insurance

The Missing Piece to the Protection Your Business Needs.

What You Need to Know About Commercial Umbrella Insurance

It’s in the news. You hear more and more about massive jury awards that result in a business’ financial ruin.

Most business owners never expect to encounter a loss that exceeds the limits of the coverage they have to manage accidents, mistakes and injuries—also known as liability insurance—but unfortunately in today’s business environment, it happens too often.

A large loss could impact the business success you’ve worked so hard to achieve and destroy your hopes for a bright future.

The Bunker Insurance & Risk Management can help you protect the assets you have today by providing added coverage where you need it most. We can help you build a tailored insurance solution that meets the specific needs of your business.

All Businesses are Vulnerable

No matter the size of your company or how well it’s run, your business faces the potential of a devastating claim arising from an unforeseen event. For example, let’s say you own a retail store or apartment building, and a customer trips on the carpet and hits his head, sustaining serious brain injury.

You could be potentially liable for millions of dollars in medical and other payments.

Would that entire sum be covered by your existing business liability insurance? Could your business savings and/or revenue make up for the difference in what’s not covered?

If your answer is no, that’s where Commercial Umbrella Coverage comes in. Umbrella Coverage goes above and beyond basic business liability insurance limits, offering up to $10 million of additional funds to manage situations just like this.

If you are a small business owner, you might think they can’t take what you don’t have. Think again—a court can seize the business assets you currently have and even allocate future earnings to satisfy a judgment against you.

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Get the Ultimate in Asset Protection

It’s your decision how to best spend each one of your hard-earned dollars. But if an unexpected major loss occurs that key decision may no longer be yours.

You’ll find that Commercial Umbrella Coverage offers you a way to help ensure your business assets remain yours for less than you might expect.

Do you know if your current coverage offers you the protection that you want for your business against major catastrophic events?

How The Bunker Can Help

At The Bunker, we work with some of the top Commercial Umbrella insurance carriers in South Florida to make sure your business is well protected. Being a hybrid risk management and insurance firm, we can help you not only move your business from danger to a safe place but also improve your bottom line.

Commercial Umbrella Insurance FAQs

What Does Commercial Umbrella Cover?

Buying a Davie Commercial Umbrella policy means you can have an increase the limits of three of your business policies:

General liability
Employer's liability
Commercial auto

It provides additional coverage for:

Third-party bodily injury
Third-party property damage
Employee injury
Auto accidents

What is Not Covered Under a Commercial Umbrella Policy?

Here a few things that are not covered:

Damages that are not covered within the underlying policy limits
Professional errors
Employee discrimination lawsuits
Damage to your property

What is the Difference Between Commercial Umbrella and Commercial Excess Liabilty?

They may sound similar, but they have one major difference:

Excess Liability Insurance provides additional coverage for ONE of your liability insurance policies, typically your General Liability insurance. It activates when that policy reaches its limit.
Commercial Umbrella Insurance provides additional coverage for several of your liability insurance policies. It kicks in when one of the underlying policies reaches its limit.

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