Prospect General Insurance Agency (Prospect General) has launched its admitted residential flood insurance product, Flood Guard, in Illinois.
Written through Palomar Specialty Insurance Co., Flood Guard provides residential flood coverage as an alternative to the National Flood Insurance Program (NFIP). Flood Guard offers coverage enhancements relative to the NFIP, with dwelling coverage up to $5 million and personal property coverage up to $1 million.
Flood Guard is also available in California, Oregon, Arizona and Utah, and will continue to expand into additional states through 2018.
Prospect General Insurance Agency is a program administrator based in La Jolla, California. It operates nationally and is a wholly owned subsidiary of Palomar Insurance Holdings.
Source: Prospect General Insurance Agency
Was this article valuable?
Here are more articles you may enjoy.
Billionaire NFL Owner Suing Over Billboards Near His LA Stadium 
Florida Lawmakers Ready for Another Shot at Litigation Funding Limits 
Door of Swiss Bar Where 40 Died in Fire Was Locked, Says RTS 
Good Times for US P/C Insurers May Not Last; Auto Challenges Ahead 
