Umbrella liability insurance provides your association with increased limits of liability over and above those of your commercial general liability policy limits. In other words, if your association settles a claim for $3 million but has only $2 million of general liability insurance, the umbrella policy would pay the $1 million excess.
There is no standard umbrella liability policy. Each homeowners association has different risks and requirements. We can build customized coverage to fit the unique needs of your association. Get in touch with us to find out more.