Should Trade Businesses Carry Commercial Umbrella Insurance?

Feb 26, 2024 | Business Insurance

Have you ever taken a moment in the morning to survey your work area and wondered, “What if?” What if someone gets seriously injured? What if a machine breaks down and your team can’t work for weeks or months? What if a natural disaster strikes and my insurance doesn’t cover all your losses? 

With so many potential disasters, it can feel like walking a tightrope without a net. Thankfully, umbrella insurance can provide a comfortable safety net in a world full of risks and uncertainties. For trade work like construction, mechanical repairs, metalsmithing, and other potentially hazardous fields, it’s important that you, your business, and your employees are fully covered if a worst-case scenario actually happens. 

In this post, we’re grabbing our shovels and digging into the nuts and bolts of commercial umbrella insurance to help you understand why may be a smart investment.

Commercial Umbrella Insurance: A Shield Against the Unknown

Think of commercial umbrella insurance as an always-on hard hat for you and your company’s financial health. 

Let’s consider the following example. You’re a seasoned electrician, stand behind your work, and know it’s all up to code. But accidents happen. Maybe it’s a faulty wire or a slip of a tool. Your general liability insurance covers you up to a point, but what if the claim extends beyond your maximum coverage? 

Umbrella insurance covers the excess of major claims so that your business, savings, retirement funds, and other investments remain safe and protected.

Confident Work Needs Comprehensive Protection

For tradespeople, everyday work can often feel like a gamble. For these professionals — confident in their skills but aware of the possible risks — commercial umbrella insurance acts as an extra layer of armor, providing protection beyond the limits of their existing policies and allowing them to perform their trade without worry. 

Here’s why commercial umbrella insurance might be the perfect fit for you:

  • In trades where the risk of accidents is high, umbrella insurance can offer peace of mind amidst the hazards, allowing you the freedom to focus on the task at hand
  • For the amount of coverage received, commercial umbrella insurance can be surprisingly affordable

Tailored to Tradespeople

Not all insurance is created equal, especially for those who specialize in trade work. You need a partner, like Eber & Associates, that understands the nitty-gritty details of your daily responsibilities. 

Commercial umbrella insurance speaks your language by providing options that serve your unique line of work. Its two main benefits are:


Commercial umbrella insurance is like the multi-tool of policies, extending coverage to situations other policies might not touch.

Comprehensive Coverage

From legal fees to medical bills and more, commercial umbrella insurance covers everything your regular liability insurance may not, freeing up your mind to focus on running your business without losing sleep over potential financial consequences.

Eber & Associates: Our Policy is Protection

You might be thinking, “Do I really need another insurance policy?” It’s a fair question. But if you take the time to consider the consequences of not having sufficient coverage — especially compared to the relatively low cost of umbrella insurance — you’ll conclude that the security it offers far outweighs the investment.

At Eber & Associates, we do more than sell insurance policies; we provide safety, protection, and lasting peace of mind. We’ve taken the time to understand the unique challenges trade businesses face and offer tailored solutions to help keep you covered. 

To learn more, check out our comprehensive guide on finding the best umbrella insurance.

Commercial Umbrella Insurance: Craft with Confidence

Before you extend that ladder or fire up your power tools, take a moment to consider how commercial umbrella insurance works to safeguard your financial future.

For more information on protecting your business and ensuring you’re always ready for what tomorrow brings, check out our essential guide to commercial general liability insurance, and find out why your business needs workers’ compensation insurance
At Eber & Associates, we’re your lifelong partners in protection. Contact us today to learn how our belief in being “Covered through life, for life” protects you and your business.