Elevate Your Protection with Umbrella Liability Insurance

One key distinction between property and liability risks lies in the ability to quantify the value of at-risk property, whereas predicting potential damages from a catastrophic accident remains uncertain. For instance, in the unfortunate event of a school bus accident resulting in children's injuries, liability damages could soar into the millions.

Umbrella Liability Insurance, also referred to as Excess Liability Insurance, offers additional safeguarding against such catastrophic events. This policy supplements your primary insurance policies, known as 'underlying' policies, which typically include general liability, auto liability, and employer's liability within your workers' comp policy. The umbrella coverage comes into effect once a covered loss depletes the primary policy's per-occurrence limit.

However, it's essential to note that most umbrella policies exclude coverage for employment practices liability, professional liability, product recall, workers' compensation, and certain risks like asbestos-related claims, pollution, war, and terrorism.