A commercial umbrella or “excess liability” policy is an inexpensive supplement to the liability coverage you carry on your business auto, general liability or business owners (BOP) policy. Your commercial umbrella liability coverage picks up where the liability on those policies stops. Commercial umbrella coverage can be purchased in $1 million increments and is quite affordable for what it offers. The main purpose of a commercial umbrella policy is to protect your personal and/or business assets from an unforeseen event in which you or a company employee could be deemed liable for damage or injuries resulting from your business activities. If you own a business, please consider a commercial umbrella to protect what you have worked hard for.