Excess Liability Insurance
Excess Liability Insurance is a policy designed to provide extra financial protection by extending the coverage limits of your existing liability insurance policies. Think of it as a safety net for your safety net. It doesn’t replace your existing coverage, it builds on it.
Protect Your Assets with Excess Liability Insurance
At AutoRisk, we provide tailored insurance solutions that allow business owners to operate with peace of mind, knowing their assets and liabilities are covered by experts who understand the unique demands of the automotive industry.
States We Provide Insurance Coverage:
Colorado – California – Texas – Wyoming – Arizona – New Mexico – Utah – Kansas – Missouri – Oklahoma – Arkansas – Idaho – Iowa – Indiana – Nebraska – Nevada – North Dakota – South Dakota – Montana
Why Excess Liability Insurance Matters
Excess liability insurance is a smart investment for any business with exposure to significant liability risks. For businesses in the automotive industry, the need is often critical due to the high value of vehicles, potential for bodily harm, and exposure to lawsuits.
In today’s litigious world, lawsuits are more frequent and more expensive than ever before. Judgments and settlements can quickly surpass the limits of standard policies, especially if:
Someone is severely injured on your property
You’re found responsible for a multi-vehicle accident
A product defect results in widespread harm
Legal defense costs stretch over many months
Without excess liability insurance, your business could be left paying those “above and beyond” costs out of pocket. One major claim could wipe out your profits or worse, your entire company.
What Excess Liability Does NOT Cover
It’s important to understand what this policy does not do. It does not:
Fill in gaps for uninsured risks
Cover claims outside the scope of the primary policy
Replace necessary coverage like workers’ comp or property insurance
Excess liability is not a catch-all, it’s a limit extender, not a substitute.
Don’t leave your coverage to chance, work with an expert who understands your operation.
What is Covered?
Excess liability extends the coverage limits of your underlying insurance policies, such as:
General Liability Insurance
Commercial Auto Insurance
Garage Liability Insurance
Employer’s Liability (part of Workers’ Comp)
It kicks in only when the limits of your base (or “primary”) policies have been exhausted. Here’s what it typically covers:
Large Bodily Injury and Property Damage Claims
If a major accident leads to hospitalization or permanent disability, excess liability covers the costs your primary policy can’t.
Legal Defense and Settlement Costs
Even if a case goes to trial and drags on for months, this coverage helps you keep fighting without going bankrupt.
Catastrophic Incidents
For example, if one of your employees causes a multi-car pileup or a fire damages multiple businesses in a shared commercial space, excess liability protects your business assets.
Who Needs Excess Liability Insurance?
Auto repair shops
Tire and lube centers
Car dealerships
Fleet operations and logistics companies
Tow truck operators
Parts wholesalers and distributors
Detailing and customization services
Benefits of Working With AutoRisk
Hundreds of Clients Nationwide | Fast and Responsive Advisors | Transparent Coverage with No Surprises
Custom Policy Design
We customize your coverage based on your business operations, risk exposure and geographic location with the goal of reducing your claims.
Industry Expertise
We specialize in automotive business risk management. Our team understands the automotive industry and delivers solutions to reduce claims and save money.
Competitive Pricing
We work with specialized underwriters and carriers to offer the most coverage for your dollar, helping you stay profitable while staying protected.
Claims Support That Works for You
In the unfortunate event of a loss, our subject matters experts will help you though the claims process, minimize downtime, and recover value efficiently.
Learn More About the Insurance Required to Protect your Business
Dealers Open Lot Insurance | Errors and Omissions | Garagekeepers | Garage Liability | Commercial Auto | Employee Liability | Property | Workers’ Compensation | Pollution Liability | Cyber Liability | Rental Insurance | On-Hook Towing | Cargo Towing | Vehicle Leasing | General Liability | Excess Liability
