Have you reviewed coverage options with your clients lately? Can their businesses survive an excess verdict?
The average verdict has tripled since 2015 — often exceeding a reasonable amount for the fact pattern and injuries sustained. Business owners across the U.S. should consider the impact of such a verdict, as well as social inflation, on their businesses.
USLI offers excess general liability and commercial umbrella coverage for many classes of business. Our policies have:
- A follow-form defense cost trigger
- No self-insured retention
- The ability to include coverage for automobile liability, employer’s liability and professional liability for some classifications
Contact your underwriter today for more information or a quote.