Worldwide Excess Liability Insurance

When you should get extra protection.

Excess liability is critical insurance for families with significant personal assets who could easily face a claim that exceeds the liability protections provided by their other policies. Apart from providing higher coverage, specialized excess liability policies can cover more situations than those covered in homeowners or auto policies. Unfortunately there is no way to predict when a lawsuit may arise, but the opportunities are plentiful for well-to-do clients who can own multiple automobiles and boats, run several households, host and entertain many guests, and serve as board members.

We help plan for situations you can’t imagine.

Excess liability covers events that are often called “unthinkable” or “unimaginable” and for that reason clients who come to Lang Insurance have often not really analyzed their true liability needs or are unaware of the additional benefits offered by the top carriers with whom we work, such as international protection and more sophisticated resources in a crisis. We do a thorough needs analysis and set in place policies that offer the highest quality, worldwide protection, important for families that travel.

Make sure your insurance covers employment-related claims.

Many of the families we serve engage some combination of domestic staff, nannies, personal assistants, caretakers, drivers or gardeners and, like a corporation, can face employment-related litigation such as wrongful termination, discrimination or harassment. In addition to full-time staff, service providers such as contractors, landscapers or caterers constantly change employees and can bring numerous people to your property that might be injured.

Understanding the risks of board membership.

Furthermore, board members of corporations, foundations, non-profits, or coops and condos can be sued individually as part of a lawsuit against the board. We can help you understand how much you actually have at risk based on your activities and assets and suggest appropriate coverage for your family.

I want you to know that I am a chronic complainer and I infrequently compliment anybody or anything. When I first saw your advertisement, I called your agency about my insurance needs. You directly called me back. You listened to what my needs were and you began an arduous journey to get me the right insurance for my two homes. We encountered tremendous difficulty obtaining coverage as one of my newly acquired homes had a long claims history that predated my ownership. We were turned down by three of your best options. Frankly I would have given up and stayed with the low-quality outfit we had insurance with. But you insisted that a six-million dollar home doesn’t belong with a mid-market insurance company. You persevered and negotiated with the underwriting department at one of your premier carriers. You arranged an in-depth inspection of the property and tailored the exact coverage to meet my own very specific needs. I would have given up Kevin. You kept at this for four months and I appreciate your efforts. Yes- my premium went up by $900 a year. However, the coverage you got is ten-fold better than what I had before- and- the prior policy did not cover the second home. So in perspective, I have ten times the coverage for less than before.

- S.V.