Commercial Coverage is a client driven commercial property insurance brokerage with a network of over 100 carriers providing national coverage for Apartments, Mixed Use, Single Tennant, Construction (Condos, Tracts, Apt etc.), Conversions, TIC, HOA 's offering Fire, Liability, Umbrellas, Earthquake, Flood, Wind and much more. Need a QUOTE or INDICATION? CLICK HERE How we work for you.... Join Our Mailing List Email:

An Umbrella is not a Blanket? An Umbrella, a term for excess liability, is a policy which increases the limits of your primary general liability policy.  As an example, if you have a $1,000,000 general liability policy and purchase a $2,000,000 Umbrella policy, you have increased your total liability limits to $3,000,000. The umbrella policy will provide additional coverage for everything covered in the primary general liability policy (called following form of  the primary). However, the umbrella policy will not offer any additional coverage for items not covered in the primary general liability policy.    A Blanket is a type of  property insurance policy with a single limit which covers multiple buildings. All losses are covered up to the blanket limit within the policy year, but each loss reduces the policy limit for the remainder of the policy year. However, the blanket limit can be written on an occurrence basis, and then the limits are reinstated to the full policy limit after each loss.    In summary, your Umbrella (liability) is not a Blanket (property).  If you think your Umbrella can protect your property, you might want to grab a blanket and hope for the best!