Umbrella liability insurance policies are available for individuals and businesses. The policies for individuals are referred to as personal umbrella liability policies, whereas the policies for businesses are referred to as commercial umbrella liability policies. Both types of policies provide an extra layer of liability coverage above and beyond what standard liability insurance policies provide. They are inexpensive and invaluable in the event of a significant claim.

Umbrella liability policies are not standard policies. Each company creates their own coverages, exclusions, and other terms. Therefore, it is important to hire a knowledgeable and experienced independent insurance broker or agent to assure you that you are receiving the best coverage at the lowest price.

Terrorism Insurance

Terrorism insurance is a type of insurance that can be purchased in the United States to cover potential losses. It is very expensive and is priced on a case-by-case basis because underwriting terrorist risk is extremely difficult. The combination of uncertainty and potentially huge losses keep many insurance carriers out of the market. The location of the insured is a significant factor. Large buildings in large cities carry the highest premiums. Smaller properties in rural areas receive the best premium rates. Terrorism insurance policies are not standard policies. They differ greatly but most cover property damage and business interruption, including loss of profits. Most exclude acts of war, cyber events, and nuclear, biological, chemical, and radiological events.

Water Damage Legal Liability Insurance

Difference in Conditions Insurance

Boat Owner's Insurance