Although there is a limited market with licensed insurers there is much capacity in the non licensed market. The wind deductibles may be slightly higher as well as the premiums. Limits can be secured for real property up to $25mil and up to $1mil for liability. It is the purpose of the non licensed (surplus) market to act as a safety valve for the licensed markets when they cannot or will not provide coverage.
Although there is a limited market with licensed insurers there is much capacity in the non licensed market. The wind deductibles may be slightly higher as well as the premiums. Limits can be secured for real property up to $25mil and up to $1mil for liability. It is the purpose of the non licensed (surplus) market to act as a safety valve for the licensed markets when they cannot or will not provide coverage.