Commercial Umbrella Insurance
What Happens If My Umbrella Limits Are Exhausted?
You become personally responsible for any amount above total available coverage. Exhausting all limits is rare but catastrophic — which is why adequate limits and layered umbrella programs exist.
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What happens if a claim exceeds both my primary and umbrella limits?
If a $4M judgment comes in against you with $1M GL + $2M umbrella ($3M total), you’re personally on the hook for $1M. For a business entity, this likely means significant financial hardship or insolvency.
Prevention: ensure your total limits match your actual exposure. Large commercial projects may warrant $5M–$10M umbrella through layered policies. Review your limits before taking on large projects — not after a claim occurs.
If you’re genuinely concerned about catastrophic exposure on a large project, Trade Safe can structure a layered umbrella program providing $5M, $10M, or more in total excess liability protection. Higher limits are more affordable per million than base umbrella.
Get umbrella coverage today.
Trade Safe shops dozens of A-rated carriers to find the right commercial umbrella policy for your contracting business.