What are underlying limits?
The PEXL policy requires that you and your family members maintain minimum primary underlying liability insurance limits for exposures, which apply to insureds under this policy.
As an example, this would include all vehicles you or your family members own or rent, or have furnished for longer than 60 consecutive days, and watercraft you or your family members own or rent, or have furnished for longer than 30 consecutive days.
If you do not maintain the minimum limits as summarized, you may have a gap in coverage, and in some instances, the excess liability coverage will not apply. Review the policy for more details on the required underlying limits.
$250,000/$500,000 or $300,000/$300,000 bodily injury or $300,000 combined single limit
Uninsured motorist/Underinsured motorist
$500,000 bodily injury and property damage
Watercraft coverage is subject to additional policy exclusions
Watercraft 26’ up to 70’ or >50 engine rated hp
$300,000 bodily injury and property damage
Watercraft <26' and 50 engine rated hp or less
$300,000 bodily injury and property damage
Unregistered vehicles
$250,000/$500,000 or $300,000/$300,000 bodily injury and $100,000 property damage; or $300,000 combined single limit
Registered vehicles (including those with less than four wheels and motorhomes)
$300,000 each occurrence personal injury and property damage
Personal liability (home)
Select an icon for more detail on required underlying limits for each coverage
Required underlying limits
Required underlying limits
Required underlying limits
Required underlying limits