When does a Georgia business need a commercial umbrella policy?

Any Georgia business with significant asset exposure, contract requirements above primary limits, or high public interaction should have a commercial umbrella. Specifically: if your commercial contracts require $2M or $5M per occurrence, your $1M GL needs umbrella above it; construction contractors on larger projects typically need $5M total limits; restaurants and hospitality with high foot traffic benefit from $2M-$5M; any business with company-owned vehicles should have umbrella above commercial auto. Commercial umbrella typically costs $500 to $2,000 per year for $1M to $5M of additional coverage.