Umbrella/Excess Liability

This form of insurance protection does two things:

It protects your business against any losses in excess of the amounts covered by other liability insurance policies. So if your standard policy caps at payments of $1,000,000, Excess Liability will cover amounts in excess of that amount.

Secondly, it can protect you in situations not covered by the usual liability policies. Injury losses that may be limited or excluded under most policies will receive broader coverage under an umbrella policy. For instance, in most business policies, 'personal injury' protection is limited to specific bodily injury. Many umbrella policies expand upon this definition.

An umbrella policy does not cover every loss, and JKJ will help you determine and understand the coverage exclusions, and to intelligently and cost-effectively navigate through the intersection of all these different kinds of insurance, without ending up with too much or too little protection for your business. Our recommendations are always based on the cost-effectiveness of the coverage.