Per Location Aggregates on Liability Insurance Policies

Commercial general liability insurance policies include various limits of liability.

The most prominent limit is the “occurrence limit.” This is the amount that’s available for each individual occurrence during the policy.

Liability insurance policies also include a limit for the aggregate of all of your claims. Typically, the aggregate limit is two or three times the occurrence limit. Think of it as insurance on the shelf – you use it as you need it.

For risks with multiple locations an expansion of the available coverage can be achieved by the use of a per-location aggregate. This provision provides just what the name implies; a separate limit for the aggregate of all claims at a particular location – more insurance on your shelf available at each location.

For banks, apartment owners, retail stores, and any other operations with multiple locations this is a valuable policy enhancement.

A similar provision can be made a part of umbrella liability coverage.