Commercial Umbrella Insurance in Summerville, SC
A claim that exceeds your underlying policy limits can leave your business responsible for the rest out of pocket. Our team at Cornerstone Insurance Group LLC helps businesses in Summerville, SC find commercial umbrella coverage that builds on top of the policies they already carry, adding extra liability limits that apply after a serious accident or lawsuit. 
What Underlying Policy Limits Are Required Before You Can Qualify for Commercial Umbrella Insurance?
Insurers require businesses to carry minimum liability limits on their underlying policies before a commercial umbrella policy will attach. These minimums vary by carrier and by the type of policy involved, but common requirements typically apply to:
- General liability insurance
- Commercial auto liability insurance
- Employers liability coverage, often included within a workers’ compensation policy
If your current limits fall below the carrier’s required thresholds, you’ll need to increase them before the umbrella policy takes effect.
Does Commercial Umbrella Insurance Cover Libel and Slander Claims Against My Business on Social Media?
Coverage here is not automatic, and the answer depends on what your underlying general liability policy covers. Many general liability policies include personal and advertising injury coverage, which can extend to claims of libel, slander or defamation. When that coverage is in place, a commercial umbrella policy may pick up costs that exceed those underlying limits. Carriers differ on how they define and handle these claims, so reviewing your policy language is the clearest way to understand your exposure.
Get the Right Coverage for Your Business
Contact Cornerstone Insurance Group LLC today to review your existing coverage and find out whether commercial umbrella coverage would better protect your business assets.