Umbrella & Excess Liability
Excess liability prices at a fraction of primary coverage per dollar of limit, which makes an undersized tower the least defensible gap on any program — personal or commercial.
Scope
This is the single most common thing we find missing on otherwise well-built programs, and it is almost always the easiest thing to fix.
Detail
The first million of liability coverage is the expensive one because it absorbs the frequency. Layers above it are priced for severity, which is rarer — so additional limit is disproportionately cheap. Most people stop buying well before the curve stops being favourable.
If the primary is restructured at renewal and the umbrella's attachment point is not updated to match, there is a band of exposure nobody covers — and the excess carrier will not drop down to fill it. We check attachment on every renewal.
Household staff, teenage drivers, a pool, board service on an HOA or nonprofit, and even social media commentary all sit inside personal liability. Estates in particular carry exposures that a standard $1M underlying limit does not reasonably contemplate.
Free, confidential, and no obligation — with a written summary either way.
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Tell us what you are insuring and where it stands. If there is a non-renewal notice or an escrow deadline, say so — those move to the front of the line.
Prefer to talk? Call or text (305) 990-2753 or email team@haymakersre.com
FAQ
A common starting frame is total net worth plus a margin for future earnings, but the real driver is the specific exposure — drivers in the household, staff, pools, rental activity, and board positions. We size it against those rather than against a rule of thumb.
A personal umbrella generally excludes business activity, and a commercial umbrella covers the named entity rather than you personally. Owners of closely held businesses frequently need both, and the boundary between them is worth mapping deliberately.
A follow-form excess policy adopts the terms of the underlying policy it sits above. Non-follow-form excess has its own, sometimes narrower, wording — which can mean the excess layer covers less than the primary. It is a detail worth confirming.
Related lines
Building, contents, and business income — written to the right valuation basis with a deductible structure you can absorb.
See coverage →Premises and operations liability for owners and tenants, plus professional liability where the work carries advice as well as labor.
See coverage →Ground-up and renovation coverage sized to hard cost and schedule, with soft costs and delay in completion where the loan requires it.
See coverage →NFIP and private flood for coastal, riverine, and post-fire debris-flow exposure — a peril standard property forms exclude entirely.
See coverage →Standalone earthquake and difference-in-conditions coverage — also excluded from every standard property form.
See coverage →First- and third-party cyber for businesses that hold client data, move money, or would stop operating without their systems.
See coverage →