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.
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.
Expanded content covering optimal limit selection by business size, self-insured retentions, follow-form vs broader umbrella structures, and umbrella underwriting requirements is coming. In the meantime, call 941-952-7991 for a quote.
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.