Over and above your other insurance coverages, and Umbrella policy picks up coverage where your other liability policies end. It will provide additional funds for those claims that exceed the limits of your other liability policies. This is an important coverage that every organization should consider. The greater your company’s assets, the higher your business umbrella limits should be
Make sure the Umbrella extends over your General Liability Policy, Auto Policy, and Workers Compensation Policy. You can determine this by looking on the Schedule of Coverages of your Umbrella Policy. If coverages are missing, or they are there with no limits, ask your agent.