Required Underlying Insurance

Exposures Coverages Minimum Required Underlying Limit
Automobile Liability
(Owned, leased or rented)
Bodily Injury
Property Damage
-or-Combined Single Limit
$250,000 per person, $500,000 per occ. $50,000 per occ.

$500,000 per occ.

Personal Liability
(Homeowners, Condo Owners, Tenants, CPL)
Combined Single Limit $300,000 per occ.
UM/UIM Bodily Injury
Property Damage
-or-
Combined Single Limit
$250,000 per person, $500,000 per occ. $50,000 per occ.

$500,000 per occ.

Watercraft Liability Combined Single Limit $300,000 per occ for watercraft under 26 ft. or under 50 HP

$500,000 per occ for watercraft 26 ft or more or 50 HP or more.

Recreational Vehicle Liability Combined Single Limit $300,000 per occ.
Employers Liability Combined Single Limit $100,000 per occ.

 
* Coverage provided by the Personal Excess policy shall be in excess of the minimum underlying coverages and limits above, regardless of whether those have lapsed or are not in force. (However, for our Excess UM/UIM coverage to apply – the insured MUST maintain the required underlying UM/UIM limits at ALL times. Otherwise, our Excess UM/UIM limits will NOT apply.)

March 20th, 2017 by Sangamon Associates, Inc.