Will a PUP Cover a Business Owner’s Liability When BAP Limits Are Exhausted?
In an incident when operating a business-owned and insured vehicle, there was personal liability once the business auto policy paid the full limit.
Personal Umbrella
Do Commercial Umbrella Aggregate Limits Apply to an Underlying Policy Without an Aggregate?
If an insured has a $1-million, combined single limit (CSL) on an auto policy and they exhaust the auto CSL and the umbrella limits, would the limit for the umbrella be reset for any other loss?
9 Signs Your Client Needs Higher Commercial Umbrella Limits
After a cat-heavy year, many commercial lines are gearing up for significant rate increases. But commercial excess isn’t necessarily one of them—which makes it a good time to have a conversation about changes in these insureds’ operations.
