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Cost-Effective Coverage Options
The cost of commercial umbrella insurance varies based on several factors, including the size of your business, industry, and the amount of coverage required. On average, businesses can expect to pay between $500 to $1,500 annually per $1 million of coverage1. However, many insurers offer discounts for bundling policies or maintaining a claims-free history, which can significantly reduce premiums. It's essential to compare quotes from multiple providers to find the best deal tailored to your business needs.