Umbrella Liability Insurance

Umbrella Liability

One of the most important coverages in your portfolio. It provides part of the high limits needed for catastrophic liability losses. It acts to increase underlying coverage limits, broadens coverage in some cases, and when underlying policy limits are exhausted because of aggregates, the umbrella becomes the primary for defense costs and indemnity payments for injury. These policies are not all the same and have a number of coverage pitfalls.