Aggregate Limit
Definition. Aggregate Limit is the maximum your policy will pay for ALL claims combined in a policy year.
Also known as: Annual Aggregate, Policy Aggregate
Once exhausted, no further claims are covered until renewal. Standard small-business GL aggregate is $2M (per-occurrence is $1M). Some umbrella policies extend aggregate; some don't.
Example
$2M aggregate GL pays out two $1M claims in the same year — third claim that year is fully out-of-pocket until renewal.
Sources cited
Need aggregate limit coverage?
Compare quotes from 10+ commercial insurance carriers in 5 minutes. Free, no contact info required.
Get My Quotes →Disclosures
📘 Educational content only.
Reviewed by California-licensed Property & Casualty insurance agent
Jason Wootton (CA License #0I94454). Not insurance advice, an individual recommendation, or a solicitation in any state. Insurance regulations vary by state. For specific coverage decisions, consult a licensed insurance agent in your state.
Advertiser disclosure.
Get Business Coverage is a licensed insurance referral service. We may receive
compensation when you click links to carrier partners or complete a quote. This
compensation may impact how and where products appear on this page, but it does
not influence our editorial content or research methodology.