Excess Liability and Commercial Umbrella Insurance

Owning a business is not an easy task. As a business owner, you think a lot about the future of your company and its growth. You must also plan for mistakes or accidents that could potentially devastate your business. The best way to deal with an unsatisfied customer or a potential lawsuit is by protecting yourself with either an Excess Liability or Commercial Umbrella insurance policy.

Both commercial umbrella or excess liability insurance will cover your business from catastrophic issues that threaten its success. These types of coverage will kick in when a claim is made against you that exceeds the amount of your existing liability coverage. The policy provides a safety net when your other business coverage has been exhausted.

The main difference between the two types of policies is that Commercial Umbrella policies offer coverage over a broader scope of claims.


Learn more about how a commercial umbrella policy could save your business if you ever face a significant lawsuit.


Understand Your Risks

What would happen if one of your employees was making a delivery using a company vehicle and hit another vehicle, causing serious injuries to all four passengers. They sue you so that you can cover the medical payments from their injuries.

Your business liability insurance first kicks in and pays up to its maximum limits. But the jury finds you are responsible for an extra $1,000,000 over your commercial policy limits.

How will you pay for the extra $1 million that you owe? Don’t forget about any legal fees that you’ve accumulated along the way. This small incident could financially set you back for years or cause you to go bankrupt.

Having a policy that acts as a safety blanket could spare you from a potential financial nightmare. Regardless of what type of business you own, we recommend looking into either a Commercial Umbrella or Excess Liability policy that works best for your needs.

The J. Morey Company Difference

You may think the cheapest policy will do, but realize that you might not be getting everything that you think would be included. While a majority of insurance policies are similar in price and overall function, insurance providers are very different when it comes to structuring a policy that actually covers you in when you need to file a claim.

We’re here for you. We’re here to protect our clients, and that means we always look for ways to protect you better, including carefully choosing the insurance companies we represent to be both affordable and responsive.

No such thing as a one-size-fits-all insurance policy.

At The J. Morey Company, we understand that options can sometimes be overwhelming. Our knowledgeable and helpful agents can work with you to find the coverage you need.

Request a quote now and let the professionals at The J. Morey Company help you find the best California excess liability or commercial umbrella insurance policy for your needs.