Hendrickson Insurance
Hendrickson Insurance
Commercial umbrella insurance sits above your commercial general liability, commercial auto, and EPLI policies, paying when underlying limits are exhausted. For Florida businesses with meaningful assets to protect (and Florida's litigious environment), a $1M underlying limit can disappear in a single serious claim. Hendrickson Insurance writes commercial umbrellas in $1M increments from $1M to $25M+ for businesses across Sarasota, Bradenton, Tampa, St. Petersburg, Clearwater, Venice, and Lakewood Ranch. An umbrella sits above liability, never above property, so if you own the building the structure itself still needs its own commercial building insurance in Sarasota or wherever the property sits on the Gulf Coast.
When premises liability, products liability, or personal/advertising injury claims exhaust your $1M/$2M CGL limits, the umbrella picks up. Critical for Florida businesses with foot traffic, products, or significant operations.
When a commercial auto accident produces a judgment above your underlying auto liability ($1M CSL typical), the umbrella responds. Florida commercial auto verdicts can be substantial.
When a discrimination, harassment, or wrongful termination claim exceeds your EPLI limit, the umbrella pays the difference. Important for any Florida employer with significant payroll.
Some umbrellas provide first-dollar coverage for claims excluded from underlying policies (subject to a self-insured retention). Useful for unusual exposures not picked up elsewhere.
A commercial umbrella sits on top of your general liability, commercial auto, and employer's liability, and pays when a claim blows past those underlying limits. For most Gulf Coast businesses the honest answer on limit is driven by what you could lose in a bad liability suit and by what your contracts and leases require. Many Sarasota and Bradenton commercial leases and vendor agreements demand a $1M to $5M umbrella before you can sign.
If you have employees, vehicles, a physical location where the public shows up, or contracts that require higher limits, an umbrella is cheap protection for the size of exposure it covers. We match the umbrella to your underlying policies so there are no gaps between them.
Call 941-952-7991 and we will right-size it against your real exposure.
Commercial umbrella insurance is a liability policy that sits above your underlying commercial general liability, commercial auto liability, and EPLI policies. When an underlying policy is exhausted by a large claim, the umbrella pays the excess. Typical limits range from $1M to $25M or more, depending on business size and risk profile.
Most meaningful Florida commercial clients should carry a commercial umbrella. Strip center owners, commercial property owners, contractors, businesses with employees driving company vehicles, and professional service firms all face liability exposures that can easily exceed underlying limits. A single serious auto accident or premises liability claim can produce a $2M to $5M judgment, exhausting a $1M underlying limit entirely.
Call 941-952-7991. The underwriter will need declarations pages from all underlying liability policies (CGL, commercial auto, EPLI), revenue, employee count, and 3 to 5 year loss runs on the underlying policies.
Foundation liability that commercial umbrella sits above.
02 / Related CoverageOne of the underlying policies a commercial umbrella protects.
03 / Related CoverageEmployment Practices is often included as an underlying policy for the umbrella.
04 / Related CoverageDifferent from commercial umbrella; D&O is its own specialty layer.
Call 941-952-7991 or schedule online. Have underlying CGL, auto, and EPLI dec pages ready.
Dennis Hendrickson changed a New Jersey state tennis rule at 17 and played four years of Division I tennis at UNC Charlotte. Today he writes both the commercial and the personal insurance for Gulf Coast owners himself, and he works a renewal or a claim the way he played: nothing conceded, no point given away.
When you apply, he answers. Every application goes straight to Dennis. He reads it himself and responds the same business day in most cases, always within 48 hours.
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