Excess Liability Insurance

What is Excess Liability Insurance?

Excess liability insurance provides additional coverage that kicks in after the limits of your existing liability policies have been reached. It protects your business from substantial financial losses due to lawsuits, claims, or damages.

Types of Coverage:

1. General Liability Excess Coverage:

Increases the liability limits of your general liability insurance, providing protection in case of severe claims.

2. Auto Liability Excess Coverage:

Provides additional coverage for claims related to your business vehicles that exceed the limits of your commercial auto insurance policy.

3. Employer’s Liability Excess Coverage:

Offers additional protection against liability claims related to employee injuries or illnesses that exceed the limits of your workers' compensation insurance.

Why Choose Wolf Surety Inc?

• Comprehensive Protection: Our excess liability policies are designed to provide extensive coverage, ensuring that you are protected against a wide range of potential liabilities.
• Affordable Premiums: Excess liability insurance is often more affordable than you might think, especially when bundled with your existing policies.
• Expert Guidance: Our knowledgeable agents are here to help you understand your coverage options and determine the right amount of excess liability insurance for your business needs.

Benefits of Drone Insurance:

• Asset Protection: Helps protect your savings, investments, and other business assets from being depleted due to unexpected liabilities.
• Peace of Mind: Knowing you have additional coverage allows you to operate your business without the constant worry of potential lawsuits or claims.
• Broader Coverage: Gain access to a wider range of coverage options that may not be included in your standard policies.

FAQs:

Who needs excess liability insurance?

Businesses with significant assets or those operating in high-risk industries should consider excess liability insurance to protect their financial interests.

How much excess liability insurance do I need?

The amount of coverage you need depends on your business's assets and potential risks. A common recommendation is to have enough coverage to protect your net worth.

Is excess liability insurance expensive?

Generally, excess liability insurance is quite affordable compared to the level of coverage it provides. Premiums can vary based on your existing policies and the amount of coverage you choose.

Conclusion

At Wolf Surety Inc, we are committed to providing you with comprehensive excess liability insurance solutions that enhance your protection and provide peace of mind. Contact us today for a free quote and ensure your business is safeguarded against unexpected liabilities!