Seguros y GravámenesPregunta 1552 de 1605
A contractor's 'umbrella' or 'excess' liability policy is designed to:
a.Replace the workers' compensation policy
b.Provide additional limits above the underlying CGL and auto policies once those are exhausted
c.Serve as the primary policy for all claims
d.Cover only the contractor's own defective work
Explicación
An umbrella/excess policy provides higher liability limits that kick in after the underlying primary policies (CGL, auto, sometimes employers' liability) are exhausted. It protects against catastrophic claims that exceed primary limits.
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)