Commercial Umbrella / Excess Liability

Commercial umbrella and excess liability policies provide coverage above the business’s underlying liability limits.  Although uncommon, catastrophic occurrences can happen, leaving your business exposed to legal liability.  A commercial umbrella and excess liability policies are designed to provide protection above your liability limits on polices such as general liability, automobile liability, employment practices liability or directors and officers liability.  The main difference between umbrella and excess policies is that umbrella policies cover all underlying liability policies, whereas excess liability policies increase the limits of liability on one particular policy.

Comments are closed.