Personal Excess Liability Insurance Program 

The two terms are often used interchangeably, but there are important differences. For example, excess liability insurance provides additional liability coverage on top of the underlying policies; but, generally, the coverage is limited to apply to the same risks of loss covered by the underlying policy and associated defense costs. Typically, only umbrella policies extend coverage to exposures excluded by the underlying policies. Uniquely, the Farmers GroupSelect PELP, as an excess liability policy, operates similarly to a typical umbrella policy providing coverage beyond the underlying home policy for exposures such as libel and slander.  It is important to work with an agent to assess your needs and understand the differences when making purchasing decisions.