When discussing coverage gaps with decision makers, I will often get the question, “well doesn't my umbrella catch that?”. At one point in time, that answer could often be a yes. In 2025, that is not the case. The change in verbiage from “umbrella” to “excess liability” reflects a narrowing of the coverage. Excess liability simply increases your limits of liability coverage for auto, worker’s compensation, and general liability. The days of an “umbrella” broadening coverage are coming to an end. Understanding Excess Liability for Your Business When it comes to protecting your business with excess liability insurance, determining…
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