meaning of automobile liability excess indemnity

automobile liability excess indemnity meaning in Insurance Dictionary

Provides extra limits for actual injury (BI) and residential property harm (PD) liability for u000du000au0009individuals not able to secure significantly more than minimal limits under their standard obligation u000du000au0009plan. This sort of protection states your main plan should u000du000au0009be kept in effect and is usually purchased by assigned risk plan policyholders.