Minimum Premiums
 

Minimum premium requirements for Umbrella and Excess Liability business:

Low Hazard
 

  •   First $5 Million: $15,000 or $3,000 per Million
  •   $5 Million xs $5 Million: $5,000 or $1,000 per Million
 
Medium Hazard
 
  •   First $5 Million: $17,500 or $3,500 per Million
  •   $5 Million xs $5 Million:     

$7,500 or $1,500 per Million
 

High Hazard
 
  •   First $5 Million: $20,000 or $4,000 per Million
  •   $5 Million xs $5 Million: $10,000 or $2,000 per Million
 

Minimum Umbrella and Excess Liability policy premiums will be applied as follows:

  •  

Minimum Policy Premium:
 

$10,000*
  •   Minimum Premium $5 Million limit:
 		 $15,000
  •   Minimum Premium $10 Million limit:     
 		 $20,000
  •  

Minimum Premium $15 Million limit:
 

$25,000

* A minimum policy premium of $10,000 will be applied regardless of limit, policy term or broker commission percentage. No policy will be issued at a gross premium of less than $10,000.

Additional Information:
TARGET BUSINESS CLASSES
UNDERLYING COVERAGE REQUIREMENTS
SUBMISSION INFORMATION

To learn more about our E&S Umbrella and Excess coverage capabilities, please contact our underwriters.

 

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