Palomar Specialty’s All Risk Coverages are offered on an ADMITTED basis.
Product Overview
Up to $10 million Total Insured Value (TIV), higher for select risks
Capacity Fire: Up to $10 million, higher on select risks
Capacity Wind: Up to $15 million on select risks
Minimum premium: $500
Fees will vary by state
Guidelines & Eligibilites
Target occupancies include condominiums, mercantile/shopping centers, offices, professional buildings, nursing homes and hotel/motel
Ineligible hazards include highly damageable contents, BI greater than 30% of TIV, protection class 7-10 (applies to All Risk Perils only), less than 50% loss ratios
Wind only available for barrier islands
Must have loss runs
Coverage & Limits
Coverages and Limits will vary by risk and location
