Businessman with umbrellas in heavy rain.


Umbrella insurance refers to liability insurance that is in excess of specified other policies and also potentially primary insurance for losses not covered by your other policies.

When an insured is liable to someone, the insured’s primary insurance policies pays up to their limits, and any additional amount is paid by the umbrella policy, up to the limit of the umbrella policy.

An umbrella affords valuable protection against large lawsuits that could devastate your business. Before purchasing a policy, however, there are several things you should consider:

  • Limits – Need to determine how much coverage is needed
  • Deductibles or Retained Limit – Some policies have zero retained limit, others may have a $5,000, $10,000 or even a $25,000 retained limit
  • Policy Period – Your policy should begin and end on the same dates as your basic (underlying) policies. Policy dates are important because many umbrella policies limit coverage to injuries or damage that “occurs during the policy period.”

Contact A.C. Marmo and Sons, Inc. for more information, we would be happy to take questions as well as provide you with a free premium quotation.

Call 973-340-9100  or