Technology Insurance Associates LLC

Business Insurance & Employee Benefits

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Umbrella Liability also known as Excess Liability provides additional coverage when the limits of insurance on an underlying policy are exceeded. For instance you have a $1,000,000 coverage under General Liability and you have a claim settlement for $1,500,000, the Umbrella policy would pick up the additional limit. Umbrella Liability policies add coverage to General Liability, Hired and Non owned Auto Liability and Employers Liability for a single premium. It is important to note that Umbrella coverage does not apply to the Professional Liability Policy.



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