Walterry Insurance: Umbrella Coverage
Umbrella policies provide excess limits over the association's general liability and automobile policies in addition to protecting the association from gaps and exclusions from these policies. Those gaps or exclusions are subject to a retention by the association of $10,000. The Umbrella policy is used when the primary limits of the liability or auto policies are exhausted or when a claim develops that is not covered by either policy. Umbrella policies are purchased in limit increments of $1,000,000.
[ Forms ] [ Contact Us ] [ Privacy Policy ] [ Home ] |