Commercial Umbrella Insurance For Your Business

Get A QuoteReview My Current Coverage

Commercial Umbrella Insurance Overview

Chances are the amount of liability protection you would receive from your general liability coverage, commercial auto insurance and business owners’ policy (BOP) may not provide enough financial protection in the event of a catastrophic loss. This can leave your business unnecessarily vulnerable to risk. Your Commercial Umbrella coverage from Phil Richard Insurance is designed to increase your liability protection when your current coverage maxes out. Let us show you how surprisingly affordable and easy it is to supplement your current policies with commercial umbrella insurance coverage in Massachusetts.

Commercial Umbrella Insurance Key Facts

  • A commercial umbrella insurance policy is designed to fill the gaps left by other coverages.
  • Commercial umbrella coverage kicks in when you reach the limit on the underlying liability policy for your business.
  • An umbrella policy is also known as a commercial ‘excess’ policy.

Be sure to speak with one of our commercial lines experts at Phil Richard to determine whether a commercial umbrella policy is right for your business. Email: or call us at 978-774-4338.

Frequently Asked Questions

When do I need to purchase a commercial umbrella policy?

You should consider purchasing a commercial umbrella policy as an added layer of protection over and above your present business insurance coverage. We recommend that you speak to a licensed insurance agent to help you make an informed decision about this and any other policy selection.

What are some factors that might affect the type of insurance my business needs?

Evaluate your commercial insurance needs by first looking at the size of your business. Based on your number of employees, and your total sales and earnings, an insurance professional will be able to advise you on the types of policies you will need.

Commerical Umbrella Insurance Service Area

Phil Richard Insurance, located in Danvers, MA, offers Commercial Insurance services to businesses in the North Shore of Massachusetts including but not limited to Danvers, Peabody, Beverly, Salem, Newburyport, Ipswich, Rockport, Gloucester, Marblehead, Swampscott, Amesbury, Georgetown, Lynnfield, Middleton, Hamilton, Wenham, Greater Boston Area, and more. We also serve New Hampshire, Connecticut, and Maine.

See what our clients have to say:

I Just wanted to tell you how much I enjoy working with Jackie Montes. She’s the best! She’s efficient, professional, and always on the ball. It’s a pleasure to deal with her!! She has helped me out tremendously with getting all our insurance requirements for the Compliance Depot (nightmare!) and I can always count on her to get my COI out in a timely manner. I never have to worry about anything when I deal with her.

Excellent staff member!!

Tina W. April 19, 2017

Get A Quote

The last piece of the puzzle?

You need an agent you can rely on.


Everything you’re working for needs to be adequately protected, otherwise that second home or retirement may be out of the question. We find having an agent you trust is often an afterthought, but it should be the first one. It can make or break your business.


If you have any questions on your coverage, we will help you. We offer competitive products for many industries including Condo Associations, Non-Profits, Artisan Contractors, Restaurants, Auto Body Shops, Gas Stations, and more. Talk to us about your small business today.

Learn MoreReview My Coverage Needs



27 Garden Street

Unit 1B
Danvers, MA 01923



Office Hours



Monday: 9am – 4:30pm

Tuesday: 9am – 4:30pm

Wednesday: 9am – 4:30pm

Thursday: 9am – 4:30pm

Friday: 9am – 4:30pm

Sat – Sun: Closed




homeowners insurance peabody ma
home insurance peabody ma
business insurance peabody ma