About This Coverage
Every day businesses are faced with mitigating some type of new liability risk and defending potential litigation. For that reason, purchasing a liability umbrella policy is coverage that no business should go without. Provide your clients with added liability protection and alleviate their concerns about losing income or assets.
State Eligibility
Eligible State
State Not Available
Industries Available
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Construction
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Manufacturing
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Wholesale Trade
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Retail Trade
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Information
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Finance and Insurance
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Real Estate Rental and Leasing
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Professional, Scientific, and Technical Services
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Management of Companies and Enterprises
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Educational Services
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Health Care and Social Assistance
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Arts, Entertainment, and Recreation
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Accommodation and Food Services
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Other Services except Public Administration
Coverage Limits
Up To
$125M
Minimums
- As low as $500 Minimum Premium per layer
- Minimum Premiums starting at $10,000
Key Features
- Umbrella coverage over general liability, auto liability, employer liability and liquor liability policies
- Available as standalone or over our Binding Commercial Products
Preferred Classes
- Commercial & Habitational Real Estate
- Construction Contractors
- Distributing
- Energy Industry
- Homeowners & Condominium Associations
- Hotels/Motels
- Professional Offices
- Project Specific Policies
- Property Management
- Service Industry
Restricted Classes
All Standard Classes of Business, including:
- Aviation products
- Energy (including fuel oil dealers)
- Pharmaceuticals & Nutriceuticals
- Professional liability
- Trucking and Transportation
Trucks
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Agricultural Truck
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Box/Straight Truck
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Bucket Truck
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Catering Truck
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Cement Mixer
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Dump Truck
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Flatbed Truck
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Front Loader Garbage Truck
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Pickup w/ 5th Wheel
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Pump Truck
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Rear Loader Garbage Truck
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Refrigerated Truck
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Roll off Truck
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Stake Body Truck
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Tank Truck
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Tow Trucks
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Truck Tractor
Underwriting Guidelines
- All policies must provide defense costs in addition to the limits (Defense Outside)
- All underlying carriers must be rated A-VI or better by A.M. Best
AUTO LIABILITY
- $1 million combined Single Limit
EMPLOYEE BENEFITS LIABILITY
- $1 million general aggregate
EMPLOYERS LIABILITY
- $500,000 each accident, $500,000 disease-policy limit, and $500,000 disease-each employee
GENERAL LIABILITY
- $1 million personal & advertising injury
- $1 million products-completed operations aggregate
- $2 million general aggregate
- $1 million per occurrence
LIQUOR LIABILITY
- $1 million each common cause or each occurrence/$1 million general aggregate
Submission Requirements
- ACORD Application, fully completed and signed
- Supplemental Application
- 3-5 Years of Loss Runs
- Underlying Terms
- Send submissions to quotes@ospreyuw.com