Explaining Other Insurance Clauses in Liability Insurance Policies
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A Video Explaining \\u201cOther Insurance\\u201d Clauses in Liability Insurance Policies
\\n\\nThere are three basic types of other insurance clauses. They can be broadly identified as pro rata clauses, excess clauses, or escape clauses.
\\nPorata Clauses
\\nPro rata clauses usually provide that if other insurance exists, the insurer will pay its pro rata share of the loss. Payment is usually made in the proportion that its policy limit bears to the aggregate limit of all other valid and collectible insurance.
\\nExcess Clauses
\\nExcess clauses usually provide that an insurer\\u2019s liability is limited to the amount by which the loss exceeds the coverage provided by all other valid and collectible insurance, up to the limits of the policy containing the excess clause.
\\nEscape Clauses
\\nEscape clauses attempt to avoid all liability for a loss covered by other valid and collectible insurance. A true escape clause, sometimes referred to as a \\u201csuper escape clause,\\u201d extinguishes all coverage in the event of other insurance. It is often difficult to enforce because it avoids liability entirely. Many courts, as a result, are loathe to allow an insurer to collect a premium and totally avoid paying a loss because of the insertion of an escape clause in their policy.
\\n\\xa9 2020 \\u2013 Barry Zalma
\\nBarry Zalma, Esq., CFE, now limits his practice to service as an insurance consultant specializing in insurance coverage, insurance claims handling, insurance bad faith and insurance fraud almost equally for insurers and policyholders. He also serves as an arbitrator or mediator for insurance related disputes. He practiced law in California for more than 44 years as an insurance coverage and claims handling lawyer and more than 52 years in the insurance business. He is available at http://www.zalma.com and zalma@zalma.com.
\\nMr. Zalma is the first recipient of the first annual Claims Magazine/ACE Legend Award.
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