Effortlessly Compare Multi-Location Umbrella Insurance Quotes Now
Real-World Examples and Pricing Insights
The cost of umbrella insurance can vary widely based on factors such as the number of locations covered, the total asset value, and the provider's pricing structure. On average, a $1 million umbrella policy can cost between $150 to $300 annually1. However, for businesses or individuals with extensive assets, the premiums may rise accordingly.
For instance, a business with multiple properties in different states might find that their umbrella insurance needs are more complex, requiring tailored solutions that consider varying state laws and risks. In such cases, working with a specialized broker can help navigate these intricacies and secure competitive rates.