Does umbrella insurance cover my business?

Generally, no. A personal umbrella insurance policy is designed to sit on top of your personal coverage, like your auto insurance and homeowners insurance. It is not built to cover claims that arise from running a business. So if a lawsuit stems from your business activities, your personal umbrella usually will not respond.

Here is an example. You run a small consulting business from your Marietta home. A client claims your advice cost them money and sues. That is a business liability claim, and your personal umbrella would not cover it. But if a guest slips and is injured at your home during a personal gathering, and the claim exceeds your homeowners limit, the personal umbrella can step in.

For business exposures, you need business coverage. Depending on your operation, that could include a business owners policy, general liability insurance, or professional liability insurance. Many businesses then add a commercial umbrella that sits above those policies for large claims, much like a personal umbrella does for your personal side.

The line between personal and business exposure can blur, especially for home-based businesses, side gigs, and rental properties. A claim that lands in the wrong category can leave you uncovered. We can help you map your real exposures to the right policies. Want to be sure both sides are protected? Get a free coverage review today.