What Does Automobile Liability Excess Indemnity Mean?

Free Business Insurance Quote Click Here
What does Automobile Liability Excess Indemnity mean? Read on to discover the definition & meaning of the term Automobile Liability Excess Indemnity - to help you better understand the language used in insurance policies.

Automobile Liability Excess Indemnity

Automobile Liability Excess Indemnity

Provides excess limits for bodily injury (BI) and property damage (PD) liability for persons unable to secure more than minimum limits under their basic liability policy. This type of coverage stipulates that the primary policy must always be kept in force and is typically purchased by assigned risk plan policyholders.

We hope the you have a better understanding of the meaning of Automobile Liability Excess Indemnity.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z


Free Business Insurance Quote Click Here