Decoding Policy Jargon: Sublimits of Liability
Sublimits are restrictions on how much coverage you have for certain types of losses. Every policy has sublimits baked into its language.
Sublimits are restrictions on how much coverage you have for certain types of losses. Every policy has sublimits baked into its language.
Umbrella insurance provides additional liability coverage to help protect you and your assets in the event of a devastating accident or lawsuit.
As the lines between design, bid and build have blurred, contractors are finding their general liability coverage isn’t enough.