Commercial Umbrella Insurance in San Diego California


Protect Your Business With Umbrella Insurance From Top-Rated Insurance Agency


Herriott & Mijailovic is a small, independent insurance company providing a wide range of insurance coverages for businesses in San Diego and the entire California, including business umbrella insurance. If you are an entrepreneur or small business owner and want to increase the coverage for liabilities you currently have, you should obtain this policy. If you are in an industry that has a lot of foot traffic, or if you work on a third party’s property, umbrella insurance for business will help you pay legal expenses or medical bills beyond what your basic insurance covers. This way, your business will have the best protection and will continue to succeed without unnecessary interruptions.



H&M agency is a family-owned business that has been present for over 50 years. We supply policies that are custom-tailored for each business specifically. Our team collaborates with all the major insurance suppliers like Safeco, Markel, Nationwide, First Comp, in order to provide you with the most suitable coverage at the most reasonable price. Over the years we have sharpened our skills and fostered a 100% client-centered approach, which is why today we are respectable and notable independent insurance agents in San Diego. For more inquiries or to get a no-obligation quote, call us today at (619) 296-0005 or fill out our online contact form.

Discover Why H&M Insurance Agency Is Different

Herriott & Mijailovic is an insurance agency recognized for its excellence throughout the state of California. Our knowledgeable agents have extensive experience in managing both commercial and personal insurance, and our main goal is to protect your business and offer you a sense of serenity and stress-free lifestyle.

  • 50 years of combined experience
  • Major carriers policies (Safeco, Travelers, Next, Hartford, Nationwide, etc.)
  • Budget-friendly prices & discounts
  • Seamless claim handling
  • Highly personalized client approach

What Is Commercial Umbrella Insurance?

If you own a business, ask yourself what would happen if you were sued and the amount is beyond what is covered with your primary liability policy. Or what would happen if you had more than one claim and your coverage limits were exhausted? One thing is for sure: if you don’t have the right coverage for your business, lawsuits could cause excessive financial losses and this would damage your business.

Here’s where umbrella insurance for business comes in. It can help take care of these risks.

This policy is pivotal for the continuous growth of your business in case of a costly liability loss. Since the costs of judgments and lawsuits are increasing, every business owner has to think about the unfortunate consequences that can happen. Commercial umbrella policy protects beyond the basic liability coverage and offers coverage for expensive lawsuits. You should acquire this policy in order to increase standard policy limits and to supplement one of the following:

All of these coverages can be increased in $1 million increments, and typically they provide financial assistance for expenses you would have to pay by yourself otherwise. These costs include:

  • Legal expenses
  • Medical bills
  • Judgments and settlements
  • Damage to third party’s property

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What does business umbrella insurance cover?

This policy has the same terms, conditions, and coverage as the basic business insurance policy. Small business umbrella insurance offers extra coverage for the following:

Slip-and-fall accidents

Adding umbrella policy to general liability can cover legal expenses in case somebody gets injured on your commercial property.

Third-party property damage

Helps pay legal expenses for damaged third-party property. This is typically needed if you conduct your operations on another person’s property.

Employee lawsuits

Combining umbrella policy with employer’s liability insurance (which is generally part of workers’ compensation insurance), can help cover the costs of work injuries related lawsuits.

Car accident liability

When you add umbrella coverage to a commercial auto insurance or HNOA policy, it helps financially protect you in case somebody sues you for the damages you caused.

What Is Not Covered By Small Business Umbrella Insurance?

Although it is highly comprehensive, a business umbrella insurance does not cover all liabilities, and it does not expand limits for specific policies (commercial property insurance, for example).

Here’s how it works. If a fire causes substantial damage to your commercial equipment, and the cost of repair exceeds the limits of your commercial property policy, you will have to pay the difference yourself. Business umbrella insurance does not cover commercial property claims.

Who Needs Commercial Umbrella Insurance?

In general, small businesses who cooperate with customers in person have higher risks of liability claims. The risks increase if you operate heavy machinery or dangerous tools and equipment.

You should consider purchasing this type of policy if the claim’s costs exceed your limits of liability. This type of insurance will be beneficial for your business if you:

  • Have high liability risk (interact with customers on a regular basis)
  • Conduct your business on third-party property
  • Have public present during hours of operation
  • Have insurance but want to increase coverage above $2 million
  • Need more liability protection for multiple policies
Commercial Umbrella Insurance in San Diego California

Individuals visiting your business increase the chances of bodily injuries. For example, if you are a distributor or a wholesaler who works with heavy machinery around customers (stocking shelves) it possess a greater risk of bodily injury. In case someone gets hurt, medical and lawsuit expenses will significantly exceed your general liability limits.

Furthermore, liability risks increase if you work on someone else’s property. Let’s say your staff works at a customer’s residence. There is a higher risk of property being damaged. They can cause unintentional damage, such as holes in the walls, or breaking a window.

How Much Does Commercial Umbrella Insurance Cost in California?

The exact price of commercial umbrella insurance depends on your location, and the amount varies by the state. Furthermore, the premiums are determined based on:

  • Type of business
  • The size of your business
  • Amount of coverage
  • Limit amount

It is also worth noting that umbrella insurance isn’t offered on its own. It is only offered together with other liability coverages. For instance, with general liability insurance, which is the most expensive policy.

If you want to find out what the price would be, don’t hesitate to reach out to us for a quote.