UMB
Who needs it
Fleets and carriers with contracts requiring higher limits
What is covered
- Liability exceeding the limits of the underlying policies
What is not covered
- Risks the underlying policies do not cover in the first place
- The umbrella policy's own exclusions
What drives the premium
- 01 Underlying policy limits
- 02 Fleet size
- 03 Claims history
- 04 Type of operation
Documents we request
- Current underlying policies
- Loss runs
- Vehicle schedule
The exact scope of coverage depends on the policy issued by the insurance carrier.