My New Markets

Residential Equity Protector Insurance

Market Detail: Prospect General’s (www.prospectgeneral.com) new Equity Protector product offers two fixed dwelling limit options ($50,000 and $75,000) at a low deductible (1 percent) and an affordable rate. The product is designed to attract buyers who would like to either buy-down their earthquake deductible or protect the amount of equity they have in their homes. it is perfect for California homeowners concerned with the costs or necessity of earthquake insurance.

Available limits: Minimum $50,000, maximum $75,000

Carrier: Palomar Specialty

States: Calif. only

Contact: Jorge Martinez at 619-597-1274 or email: jim@prospectgeneral.com

Tower Erectors Insurance

Market Detail: All Risks Ltd. (quote.allrisks.com/nsp-my-new-markets/) offers a highly specialized insurance program with an A.M. Best A-rated admitted carrier for the tower erection industry, including Tower erection, maintenance and service companies, telecom, water storage, and wind energy.

Coverage features include: specific expertise in handling catastrophic claims and loss mitigation; tailored limits to meet the needs of the individual account; 30-day notice of cancellation endorsements now required by many owners; active member of the National Association of Tower Erectors (NATE) and Board of Governors on the new National Wireless Safety Alliance (NWSA); and partner of WirelessEstimator.com, a news site dedicated to the industry.

Available limits: As needed

Carrier: Unable to disclose, admitted

States: All states

Contact: Customer service at 800-366-5810

Equine / Farm & Ranch Insurance

Market Detail: Abram Interstate Insurance Services (www.abraminterstate.com) has been a leading MGA insuring California’s agribusiness and equine risks for 20 years.

Carriers are A+ rated and admitted. The farm/ranch package includes property and liability coverage for working horse, cattle and crop farms. This includes the insured’s dwelling(s), barns, outbuildings, machinery, hay, tack and other similar items.

The commercial and personal equine liability coverage includes boarding, breeding, training, lessons, clinics, sales or personally owned horses. Care, custody, and control coverage protects the insured for injury or death to a non-owned horse while in their care.

This coverage can be included as part of the farm/ranch package policy. Excess/umbrella increased liability limits are available.

Business auto coverage also is available if the supporting farm/ranch package is written by the carrier.

Available limits: As needed

Carrier: Unable to disclose, admitted.

States: Ariz., Calif., Colo., Idaho, Mont., Nev., N.M., Ore., Utah, Wash., and Wyo.

Contact: Michelle Smith at 916-780-7000 or email: michelles@abraminterstate.com

Auto Physical Damage

Market Detail: CTC Transportation Insurance Services’ (www.coast-ins.com) collision coverage can help to pay for repairs to commercial vehicles if damaged in a collision, overturn or roll. Commercial comprehensive will help pay for the repair or replacement of the vehicle if it suffers damages resulting from incidents that do not involve traffic collisions. Minimum/maximum limits listed are any one loss tractor/trailer combination. Maximum is $1 million terminal exposure

Available limits: Minimum $10,000, maximum $250,000

Carrier: Certain underwriters at Lloyd’s of London

States: All states except Alaska, Del., D.C., Hawaii, Ky., Mass., Mich., Miss., and N.Y.

Contact: Sales & Marketing at 760-487-7399 or email: info@coast-ins.com

Hospitality

Market Detail: W. Brown & Associates Insurance Services (www.wbais.com) offers monoline package policies for hotels, motels and any other hospitality businesses that find their way into the excess and surplus market for a variety of reasons including prior losses.

Available limits: As needed

Carrier: Unable to disclose

States: Calif. only

Contact: Customer service at 949-851-2060