Phrases with «surplus lines»

The phrase "surplus lines" refers to insurance policies that are not available from regular insurance companies. These policies are offered by special insurance companies and cover unconventional or high-risk situations. In simple terms, it means insurance coverage outside of the usual options. Full definition

Sentences with «surplus lines»

  • Some may have to move to a higher risk or surplus lines insurance company that specializes in high risk. (rmiia.org)
  • For years, cannabis companies either went without insurance or had policies with surplus line insurers, which are unregulated, expensive, and not backed by the state. (inc.com)
  • Using surplus lines carriers allows them to be flexible regarding property valuations and reporting forms but this flexibility comes at a price. (biggerpockets.com)
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