What does the SPF 7: Excess Auto Policy provide?

The SPF 7: Excess Auto Policy is designed to provide additional coverage beyond what standard auto insurance policies offer, specifically addressing liability and accident benefits. This policy acts as an excess layer of protection, meaning it kicks in after the primary coverage has been exhausted.

In terms of liability, it provides extra limits when the primary policy's liability limits are reached, thereby giving insured individuals additional security against claims. Similarly, for accident benefits, this policy can extend coverages that would otherwise be limited by the primary insurance.

Unlike primary liability coverage, which is the first line of defense in an auto insurance policy, the SPF 7 policy is additional, making it essential for those looking to enhance their auto insurance protection. It is also distinct from comprehensive coverage, which protects against a wider range of risks including damage from non-collision events, rather than focusing on excess liability and accident benefits only.

By extending coverage, the SPF 7: Excess Auto Policy is particularly beneficial for individuals with high-value assets or those who may be at greater risk for costly liability claims.