Today, any business can be sued, and juries often award large settlements in excess of one million dollars. Your policy limit on your general liability and commercial auto policies might be lower than the judgment award, leaving your business to pay the remaining settlement amount out of pocket. That could put you out of business.¹
The Hanover's commercial follow form excess and umbrella coverage can fill the gap and protect your company from financial disaster with flexible limits up to $25 million, at affordable rates. To help you manage your budget, we offer flexible billing options and multi statement payment plans are available. Every business should consider supplementing their standard insurance coverage with The Hanover's Commercial Follow Form Excess and Umbrella, including:
Account solutions offer more value
When you purchase multiple commercial policies from The Hanover through your local independent agent, you will enjoy the convenience of one contact for all your insurance needs – including customer service, insurance billing, renewals and claims.
Help protect your fleet and commercial vehicles with flexible solutions.
Help protect against lawsuits related to your products or services
Valuable services for policyholders
Our underwriting, claims, and risk management professionals have many years of experience providing valuable services for policyholders.
The Hanover offers a variety of tools and resources, as well as the services of a network of preferred service providers, to help you mitigate the risks faced by businesses.
Our industry-leading claim services and 24/7 reporting help you get back to business quickly. If you ever need to make a claim, you'll be glad you have The Hanover.
Get safety and insurance articles, videos, infographics and more to help keep your business and property safe, and guide you through the insurance-buying process.
Who should have commercial follow form excess and umbrella coverage?
Every business should consider supplementing their standard insurance coverage with The Hanover's Commercial Follow Form Excess and Umbrella, including:
- Hotels and motels
- Office machinery
- Real estate
- Shopping centers
- Service industries
- Technology companies
- Durable goods
- Non-durable goods
Your Hanover agent will work with you to customize your commercial umbrella policy quote as part of a total business insurance solution to meet your specific commercial insurance needs and fit your budget.
¹Limits available vary by business type and size.