Surplus policies generally affect the underlying policy limits. Many of them will have a surplus policy in effect, three to five million and sometimes more. It can be called an Umbrella Policy. So for instance, an individual may have a $250,000 liability policy, but they also have a one or two million umbrella policy that covers damages that may exceed the underlying limits of that initial policy of $250,000. So in the trucking industry, the mandatory liability coverage is usually covered under an umbrella or surplus, general commercial liability policy…Read More