US Homeowners (E&S)
Underwriting High Value Homeowner risks
located in coastal (CAT) and interior (Non-CAT) regions of the US
on a surplus lines basis through Beazley’s Syndicate capacity at
Lloyd’s.
Strategy
Desirable E&S business that is not written by admitted
market
Target market
- High value homes through US
- Minimum coverage A between $250,000 and $500,000
Underwriting appetite
- Hurricane exposed homes on Atlantic/Gulf
- Secondary, seasonal, and rentals
- Vacant, builders risk, and spec homes
Policy form
- ISO HO-3, all risk contents, personal property replacement
cost
- Water back, golf cart, identity fraud, and ordinance or law
limit cover by default
- Optional extended replacement cost, scheduled person property,
and more
Capacity
- Up to US $10,000,000 TIV per risk for Non-CAT exposed
properties
- Up to US $5,400,000 TIV per risk for CAT exposed
properties
- Up to US $10,000,000 TIV per risk for CAT exposed properties in
Florida built 2002 or newer
- Excess flood limits up to $5,000,000 for any combination of
building and contents
CAT coverage
- $5,400,000 wind exposure
- Non-California earthquake
- Excess flood
Distribution
100% wholesale brokers
Not all coverages or products described on this website are
available in all US jurisdictions. Some products are available on
an admitted basis in some but not all US jurisdictions from
Beazley’s US insurance company subsidiary, while other products and
coverages may be available in the US only on a surplus lines basis
through licensed surplus lines brokers doing business with
Beazley’s Lloyd’s of London syndicates.
The descriptions contained in these pages
are for preliminary informational purposes only. Coverages will
vary depending on individual state law requirements and may be
unavailable in some states. The exact coverage afforded by the
products described on this website is subject to and governed by
the terms and conditions of each policy issued. The
publication and delivery of the information contained herein is not
intended as a solicitation for the purchase of insurance on any US
risk.