Palomar Specialty Insurance Co. has partnered with TriCoast Insurance Services, LLC to offer a residential windstorm-hurricane insurance product in Hawaii. The product is a stand-alone hurricane coverage that will be offered through local independent agents.
Palomar’s stand-alone residential hurricane program is intended for use with homeowners, rental dwellings and condo unit-owners, and includes higher limits with up to $10 million of total insured values. The product includes separate limits for dwelling with optional coverages for other structures, personal property and loss of use coverage based on a customer’s needs, budget and risk tolerance. Deductibles range from 1 percent to 15 percent.
Palomar Specialty Insurance Co. is a recently established catastrophe insurer that focuses on earthquake, hurricane and wind-exposed multi-peril homeowners business in catastrophe-exposed states including California, Oregon, Washington, Texas and Hawaii. The company is an admitted carrier in 17 states.
Was this article valuable?
Here are more articles you may enjoy.
Claimants of 23andMe Data Breach to Get $46.75M in Settlement Deal 
Georgia Brokers and Agents Alarmed After Court Ruling Expands Liability for Them 
US P/C Industry Records $16 Billion Underwriting Income in Q1 
Eli Lilly Wins Court Order in Fraud Allegations Against Florida, TN Pharmacy Groups 
