Excess Liability

Excess Liability insurance provides additional coverage beyond the limits of your primary liability policies, such as General Liability or Business Auto insurance. This extended coverage helps protect your business from large claims or lawsuits that exceed the limits of your standard policies, ensuring you have sufficient protection in place.

A timber business should consider Excess Liability insurance if it faces significant risks that could result in large claims or lawsuits. This is particularly important for businesses with substantial assets, high-risk operations, or those working on large projects. Excess Liability insurance offers peace of mind by ensuring you have adequate coverage for high-stakes situations.

The right amount of Excess Liability coverage depends on various factors, including the size of your business, the nature of your operations, the value of your assets, and your exposure to potential risks. Our experts at Timber Risk Agency Inc. will work with you to assess your specific needs and recommend a customized coverage plan that provides adequate protection.

Excess Liability insurance and Umbrella insurance both provide additional coverage beyond your primary policies, but they differ in scope. Excess Liability insurance typically extends the limits of specific underlying policies, while Umbrella insurance offers broader coverage that can apply to multiple policies and fill in gaps in your existing coverage. Our team can help you determine which option best suits your business's needs.