Wholesaler With No Auto. Excess Insurance Coverage

[James Mathews]

Would love community input. This is my first post, i have gotten a ton of good information here, i am thankful for this forum.

Venturing into commercial insurance, I have access to a wholesaler who does not provide primary commercial auto but has very good General Liability & is able to get Excess Liability for auto on existing policies.

My question is. If i purposely get low commercial auto coverage through another carrier (example national general) and then add 1m excess through the wholesaler. Is this legit or would excess only work if primary coverage is maxed out.

 

[fed up]

Excess will only kick in IF you have met the limit of the primary ( set by the Excess carrier) and it has maxed out.
If, for instance, the Excess states underlying limits need to be $250000 and you add $1000000 in excess but only have $100000 in primary there would be no payout from Excess until you reached $250000 from primary