Association Umbrella Liability

Umbrella or Excess Liability offers an additional layer of liability insurance that provides coverage over and above liability covered by an underlying contract . An umbrella policy provides a cost effective way to provide higher limits to protect the community for unforeseen liability losses. Coverage extends excess of the general liability and auto liability. Many insurance companies will also add excess Directors and Officers and Liability, although this may need to be specifically requested. Umbrella Liability limits often range from $1million - $15million. Umbrella polices offer additional protection often at a reasonable cost.