An excess liability "follow form" policy is excess insurance that is subject to all of the terms...
coincidental excess coverage
The term coincidental excess coverage refers to the insurance provided by what would otherwise be a primary policy but contains an "excess" type other insurance clause stating that, with respect to a particular set of circumstances only, the policy is providing excess coverage.
Additional Information
In other words, the status of the insurance as excess rests on a coincidence of factual circumstances. For example, a business auto policy (BAP) may contain another insurance provision stating that it is providing excess coverage for any nonowned vehicle. For owned autos, the BAP would provide ordinary primary coverage, but for nonowned autos, the BAP would provide coincidental excess coverage.
Related Terms
An excess liability policy is a policy issued to provide limits in excess of an underlying...
Follow form is when an umbrella policy provision follows the underlying policy as to how the...
The term lead umbrella refers to the first umbrella policy in a multilayer excess program that sits...
An other insurance clause is a provision found in both property and liability insurance policies...
A stand-alone excess policy is one that provides excess coverage according to its own terms and...
An umbrella liability policy is a policy designed to provide protection against catastrophic losses.
