What is Commercial Umbrella Insurance?
Commercial Umbrella Insurance provides schools with additional liability coverage to help protect them against the potentially ruinous costs of claims. Significant assets can be at risk when schools are the target of lawsuits. If the cost of a claim exceeds the limits of a school’s underlying primary insurance policies, Commercial Umbrella Insurance extends liability coverage for an additional layer of insurance to further protect business assets. Without Commercial Umbrella Insurance, school administrators could be obligated to pay out of pocket for legal fees, medical bills, and damage expenses that exceed the limits of their underlying primary business coverages.

What does Commercial Umbrella Insurance Cover?
A Commercial Umbrella Policy increases business liability protection when the costs of a lawsuit exceed the limits of the primary underlying business liability coverage. So, a commercial umbrella insurance policy will help protect a school when accidents such as the following happen:

• A parent slips on a wet floor in your office and injures himself. The medical costs of the injuries exceed your general liability policy’s limits.
• An advertising error results in major lawsuits against your school with costs that exceed your primary business liability insurance coverage limits.

How does commercial umbrella insurance work?
Commercial Umbrella Policy can be flexible, extending the liability coverage of policies your school has with other insurance companies when the cost of a covered claim exceeds the limits of that primary coverage.