You will decide the insured value on each of your properties. Your rates and insured value will determine the premium on each property you insure. We have no Minimum Earned Premium and no Co-Insurance Penalty
We charge a nominal policy fee which is required for surplus lines policies. There may also be a surplus tax and fee depending on the state. Domestic carriers typically include these taxes and fees in their premium.
Our policy is underwritten by Lloyd’s of London, which gives us more flexibility in the coverages we can provide. It also means states will charge taxes and fees and each state dictates what those are.
Certain states require a signed form because they want you to be aware that this is a surplus lines policy. Not all states require a form.
Our policy allows you to insure vacant properties. Our policy also covers theft and vandalism of vacant properties; however, the properties must be secured and inspected monthly.
Inspection forms can be found under the forms section.
You may choose between monthly and annual billing. We bill a month in arrears, and you may pay by check, credit card or ACH. We bill a month in arrears, and you only pay for the number of days a property is on the policy. Great for investors with a lot of activity. We offer monthly billing with NO interest or fees to pay this insurance on a monthly basis.
Designed for investors with 5 or more 1-4 family dwellings that allow them to put all of their properties on one policy with one expiration date. Our monthly reporting is designed for adding/removing properties easily.
- We insure properties all across the US, just contact us about your properties.