Umbrella Liability Coverage

This type of liability insurance provides excess liability protection. Your business needs this coverage for the following three reasons:

  • It provides excess coverage over the “underlying” liability insurance you carry.
  • It provides coverage for all other liability exposures, excepting a few specifically excluded exposures. This is subject to a large deductible of $10,000.
  • It provides automatic replacement coverage for underlying policies that have been reduced or exhausted by loss.