A business’s general liability coverage isn’t always enough to absorb a major claim. When policy limits under your business insurance coverage are exhausted, excess liability insurance can provide ...

Sophie Venz is a former Deputy Editor at Forbes Advisor. She is an experienced editor and features reporter, and has previously worked in the small business and start-up reporting space. Previously ...

Whenever you make a claim on an insurance policy, such as travel, car, home or pet cover, the payment you receive will have an amount deducted by the insurer. This is known as the excess. It is ...

The difference between a compulsory and a voluntary excess is often misunderstood when it comes to car insurance. That’s according to research by comparison website GoCompare, which found excess ...

Excess insurance policies are generally written to be just that; they—through their “other insurance” provisions—purport apply in excess of other insurance available to the insured. In many ...