Commercial Umbrella & Excess Liability Insurance
Businesses with significant contracts or liability exposures may want to discuss higher limits above certain underlying liability policies. Commercial umbrella and excess liability policies can provide additional limits when a covered claim reaches the applicable underlying limits, subject to each policy’s terms.
Umbrella and excess coverage are not identical
How an umbrella or excess policy responds depends on its wording, the underlying policies, and the claim. These policies do not automatically cover every exposure or replace the underlying insurance.
What to have ready
- Current liability policies, limits, and renewal dates
- Contracts that specify insurance limits or wording
- Business operations, locations, and annual revenue
- Available loss runs and any upcoming contract deadlines
GSP Insurance Services can review the information with you and discuss whether additional liability limits may fit your business.
Request an umbrella or excess liability quote or call (310) 948-0316.
Coverage, eligibility, attachment points, limits, and pricing depend on underwriting and policy wording. This page is general information, not legal advice or a statement of coverage.
California Department of Insurance: commercial insurance guide