Insurance Policy
Umbrella Liability Insurance Policy
The umbrella insurance policy is catastrophe protection. It covers you when a claim or several claims exhaust the limits of your primary:
- general liability,
- business auto liability and
- the employer’s legal liability section of your workers’ compensation policy.
- it provides excess limits when the limits of underlying liability policies are exhausted by the payment of claims;
- it drops down and picks up where the underlying policy leaves off after the aggregate limit of the underlying policy is exhausted by the payment of claims; and
- it protects against some claims not covered by the underlying policies, subject to the self-insured retention (SIR).
Expand Your Coverage Today
Are you confident your insurance includes an umbrella liability policy? Give us a call to analyze your current coverage. We can show you options that expand coverage without increasing cost.
