Palomar Specialty’s All Risk Coverages are offered on an ADMITTED basis.
Product Overview
Up to $25mm in capacity
Up to $150 million Total Insured Value
Can participate in Primary, Excess and Buffer layers
Within 150 miles to the coast
Minimum premium: $1,500
Fees will vary by state
Guidelines & Eligibility
Target occupancies include condominiums, mercantile/shopping centers, offices, professional buildings, nursing homes / medical facilities, vacant buildings, small municipalities and hotel/motel
Ineligible hazards include accounts with highly damageable contents, BI greater than 30% of TIV, protection class 7-10 and unfavorable loss history
Barrier Island & Beachfront appetite restricted to 2000 or newer construction with limits offered dependent on age and construction type
Must have loss runs
Coverage & Limits
Coverages and Limits will vary by risk and location
