{"id":1073,"date":"2011-07-08T15:18:06","date_gmt":"2011-07-08T21:18:06","guid":{"rendered":"http:\/\/www.insuredco.us\/?page_id=1073"},"modified":"2022-02-16T11:27:24","modified_gmt":"2022-02-16T17:27:24","slug":"excess-liability","status":"publish","type":"page","link":"https:\/\/www.baerinsurance.com\/wisconsin-illinois\/insurance\/commercial-insurance\/excess-liability\/","title":{"rendered":"Excess Liability"},"content":{"rendered":"\n
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\n <\/span>Baer Insurance Services\n <\/div>\n

Umbrella & Excess Liability Insurance <\/h2>\n
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Your financial security can be put at risk if you are legally liable for damage to someone’s property or if someone is injured as a result of your business operation. No matter how thoroughly you have been trained in your line of business, you are not fully protected unless you have adequate liability insurance.<\/p>\n

Baer Insurance Services in , Wisconsin can help you secure the umbrella and excess liability coverage that protects your business beyond the limits of your primary policies.<\/p>\n<\/p><\/div>\n

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High Limits<\/div>\n
Available<\/div>\n<\/p><\/div>\n
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Broad Coverage<\/div>\n
Yes<\/div>\n<\/p><\/div>\n
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Legal Defense<\/div>\n
Included<\/div>\n<\/p><\/div>\n
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Catastrophic<\/div>\n
Protected<\/div>\n<\/p><\/div>\n<\/p><\/div>\n

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One major lawsuit can threaten your entire business.<\/div>\n

The professionals at Baer Insurance Services in , Wisconsin will help you build a liability protection program that gives you confidence.<\/p>\n<\/p><\/div>\n

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<\/i>QUOTE ME NOW<\/a><\/p>\r\n
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Understanding Excess Liability Insurance<\/div>\n

Excess liability insurance, sometimes called a commercial umbrella, adds an extra layer of liability protection above the limits of your existing business policies. It helps shield your company’s assets from a large or catastrophic claim.<\/p>\n

How Excess Liability Works<\/h3>\n

When a covered claim exceeds the limit of an underlying policy — such as your general liability, commercial auto, or employer’s liability coverage — excess liability pays above that limit, up to the amount you select.<\/p>\n

Excess Liability Insurance FAQ<\/div>\n

What is excess liability insurance?<\/h3>\n

It provides additional liability coverage above the limits of your underlying policies, such as general liability and commercial auto, to protect against large claims.<\/p>\n

How is excess liability different from an umbrella policy?<\/h3>\n

The terms are often used interchangeably. An excess policy adds limits over a specific underlying policy, while an umbrella can both add limits and, in some cases, broaden coverage.<\/p>\n

Which businesses need excess liability coverage?<\/h3>\n

Businesses with significant assets, higher-risk operations, or contracts that require higher limits often benefit from the added protection.<\/p>\n

When does excess liability coverage pay?<\/h3>\n

It pays once the limit of the underlying policy has been exhausted by a covered claim, continuing up to your excess policy limit.<\/p>\n

Why buy excess liability through an independent agent?<\/h3>\n

As an independent agency, Baer Insurance Services represents many carriers, so we can coordinate your underlying coverage and excess limits, with personal, local service.<\/p>\n<\/p><\/div>\n

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Coverages Available<\/div>\n
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Umbrella & Excess Liability Insurance \u2014 Coverages Can Include:<\/h3>\n
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    \n Excess limits over primary policies\n <\/li>\n
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    \n Broad form coverage extensions\n <\/li>\n
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    \n Legal defense costs\n <\/li>\n
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    \n Defense from first dollar\n <\/li>\n
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    \n $1M+ per occurrence limits\n <\/li>\n
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    \n Catastrophic event protection\n <\/li>\n
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    \n Gaps in underlying coverage\n <\/li>\n
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    \n Personal injury liability\n <\/li>\n<\/ul><\/div>\n

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    Contact Baer Insurance Services in , Wisconsin to discuss umbrella and excess liability insurance for your business.<\/p>\n<\/p><\/div>\n<\/section>\n