My New Markets

Energy – Solar, Wind & Renewables

Market Detail: WealthGuard Insurance Group LLC offers comprehensive, flexible coverage for alternative fuels and renewable energy. Target classes include wind, solar, alternative fuels and independent power production. Coverage includes operators extra expense, physical damage, general liability, follow form excess and terrorism and sabotage (available on request). Locations include North America, Central America and South America. Contact the team to discuss eligibility and requirements. A common application may be accepted with supplemental details on a case-by-case basis. Has pen.

Available Limits: $75,000 minimum premium

Carrier: Not available

States: All 50 states and the District of Columbia

Contact: Joseph O’Connor, joseph@wealthguardig.com, 832-479-0042

Landlord Insurance Quote & Bind

Market Detail: Landlord insurance is a policy for people who rent their homes to others, including single-family homes, apartments, multi-family, manufactured homes, condo units, vacation, or restoration. Acceptable named insureds include LLCs, trusts, corporations and partnerships. Coverage is available for one-to-four-family seasonal, multi-unit dwellings, Airbnb, VRBO, short-term rentals, long-term rentals, renovation policies, fix and rent, and fix and flip. Include up to 20 locations on a single policy. Coverage may include: fire, water, lawsuits, riot and civil commotion, vandalism and theft, injury, windstorm, hail and lightning, and bonus coverages.

Available Limits: Not available

Carrier: Admitted, Non-Admitted

States: Available in all states and the District of Columbia, excluding Alaska, Colorado, Florida, Iowa, Kentucky, Louisiana, Massachusetts, New York, Oklahoma, Rhode Island and Wyoming

Contact: Marty Ascher, m.ascher@newageins.com, 516-488-2500

Community Association Insurance

Market Detail: GIG Insurance Group, the industry leader in community association insurance, offers unmatched Directors & Officers (D&O) and crime coverage, as well as other essential solutions that deliver critical protection from numerous mounting exposures. GIG is a best-in-class program from NSM Insurance Group, the nation’s leading provider of specialty insurance. Programs include: specialized coverage, exclusive A++-rated carrier (AM Best), quality service and support and a cutting-edge GIG Agent Portal for agents to quote, bind and issue policies online in minutes. Directors & Officers Coverage includes a minimum premium of just $880 in most states; first dollar defense providing true duty to defend form for most risks; defense costs outside policy limits not to exceed policy limits or $1 million; automatic coverage for property manager; defense of suits arising out of breach of contract; $150,000 sub-limit on defense costs for wage & hour wrongful acts. Crime coverage includes commercial crime policy with all insuring agreements up to $3 million limits, including employee theft, ERISA fidelity, forgery or alteration, inside and outside the premises, computer and funds transfer fraud, money orders and counterfeit paper currency and fraudulent inducement (coming soon). Eligible community associations include condominium, homeowners, cooperatives, planned unit developments, property owners and timeshares. Has pen.

Available Limits: See Market Details

Carrier: Admitted

States: All 50 states and the District of Columbia, excluding Alaska and New York

Contact: NSM Insurance, nsmmarketing@nsminc.com; 800-970-9778

Builder’s Risk

Market Detail: Alchemy Insurance Solutions, LLC – Get Appointed Today with a Competitive Builder’s Risk Program writing across all 50 states with its own dedicated rate/quote/bind platform and direct access to underwriters. Target market includes single shot, reporting and blanket forms available; residential one-to-four family new construction; high value residential new construction; Frame – up to $10 million; higher limits for other constructions, pending underwriting review; light commercial projects; remodeling and renovation of existing residential structures; and mid-completion projects. Policy forms and sublimits include ISO Builders Risk Coverage Form – Inland Marine; new construction – replacement cost coverage (RCV); remodeling and renovation – RCV on value of remodeling/renovation; actual cash value on existing structure; property in transit – $10,000 – $25,000; property at temporary locations – $10,000; soft costs – $5,000 – $20,000 (ex. interest, taxes, architect expenses, insurance expenses); ordinance or law coverage – Coverage A Included, Coverage B&C $15,000 blanket limit. Has pen.

Available Limits: See Market Detail

Carrier: Admitted

States: All 50 states and the District of Columbia

Contact: Matthew Waxman, connect@alchemyins.com, 717-481-3277

Excess Auto Liability

Market Detail: Risk Partners now offers excess auto liability for commercial auto accounts in all states – up to a $10 million limit. Target classes include: contractor fleets, trucking, NEMT, school bus, fuel oil dealers and waste haulers.

Available Limits: $10 million

Carrier: Not available

States: All 50 states and the District of Columbia

Contact: Brad Bartholomew, bbartholomew@riskpartners.com, 609-678-8665