Additional Orange County Liability Coverage
The purpose of introducing Umbrella and/or Excess Liability Insurance Policies is to provide additional liability coverage to your general liability limits for specific risks once your current policy’s coverage limits have been exhausted. In reviewing your current Orange County Commercial General Liability policy, you will find that it probably has limits of $1,000,000 per occurrence and $2,000,000 aggregate. In the business world in which we operate these days, it is almost routine that more and more lawsuits are being filed in excess of $1,000,000. Imagine if it was your business that was held liable for a claim over one million dollars. Would your company be able to pay the extra amount awarded and continue to stay in business?