Commercial Umbrella Insurance

Commercial Umbrella Insurance for Excess Liability

Excess liability insurance takes the idea of peace of mind to the next level for business owners. It operates in conjunction with your primary insurance package to cover risks that exceed the financial limits of your primary policy in Dallas, McKinney, Austin, Houston, and other cities we serve throughout Texas.

An excess liability insurance policy only pays out after your primary policy has paid out in full and you have hit your coverage cap. The surplus coverage kicks in to cover all residual expenses. This means that an excess liability scheme is less likely to pay out than a normal policy, resulting in lower premiums.

The terms “excess liability insurance” and “umbrella insurance” are often used interchangeably, and the distinction between the two can be hazy. Some insurers make the distinction because umbrella policies will cover risks and conditions that the regular coverage does not cover, while excess liability insurance merely adds a higher payout cap. Check with your carrier to determine what your policies offer. Call us at 972-472-2040 to know about our Excess Liability Insurance with free estimates!