When you own multiple residences, cars, or boats — or maintain an online presence — your liability risks increase significantly. With standard insurance policies often capping at a $1 million liability limits, they often aren’t enough to provide full asset protection in the event of a costly lawsuit, where you may be sued up to, and even beyond, your total net worth. With limits available up to $100 million, this coverage is designed to provide that extra layer of protection, ensuring you and your family’s wealth and future are safeguarded.
Comprehensive protection for life’s unexpected risks
Excess liability coverage goes beyond the liability limits of your standard home, auto and other insurance policies to protect you from potentially devastating financial losses. Whether it’s a personal injury claim stemming from an unforeseen car accident, a lawsuit related to an incident on your property, or a lawsuit from you acting as the employer of domestic staff, this coverage helps defend and protect your assets-anywhere in the world.
Covering complex liability risks
When you own high-value properties, cars, boats, sit on the board of a non-profit organization, or act as an employer of domestic staff, your risk exposure is increased. For those who serve as directors or officers of non-profit organizations, it’s crucial to include Directors and Officers (D&O) protection in your excess liability coverage. Add in potential liabilities from hosting social events or having younger drivers on the road, and the possibility of facing a large lawsuit grows significantly. Excess liability coverage provides the protection you need for these complex situations, so you can enjoy your lifestyle without worrying about the potential loss of your net worth.
Protect your assets from complex jury awards
Lawsuits related to accidents — whether from an unexpected event, such as a car accident or a slip and fall at a party you hosted, can lead to substantial jury awards. In some cases, the cost of legal defense and damages can far exceed the limits of your primary insurance policies and even your total net worth. With excess liability coverage, you’re protected against these potentially devastating financial consequences.
Coverage limits ranging from $1 million to $100 million
We understand that every individual and family has unique liability needs. That’s why excess liability coverage offers flexible coverage limits ranging from $1 million to $100 million and uninsured/underinsured liability limits to $10 million, allowing you to choose the level of protection that suits your lifestyle and financial situation.
Global protection for a global lifestyle
Whether you’re traveling abroad, hosting an event at your vacation home, or involved in a covered incident while away from your residence, excess liability coverage ensures that you’re protected worldwide. This coverage offers peace of mind, no matter where life takes you.
Dedicated legal defense and claims support
Facing a lawsuit can be stressful and overwhelming. With excess liability coverage, you will have access to expert legal defense and claims support to help navigate complex legal situations. Our dedicated claims team will work closely with you, providing the guidance and advocacy you need to protect your assets and minimize disruption to your life.
