As you know, Florida is a unique state when it comes to insurance. It's a challenging environment with our hurricane-prone coastlines, plethora of HOAs and unique retirement communities. Depending on your circumstances, traditional home, auto or business-related insurances may not be enough to cover your distinctive needs. This is where "surplus lines" insurance comes in.

A surplus lines company is a type of insurer that provides coverage for risks that are unavailable through standard, licensed carriers. These "non-admitted" companies provide tailored solutions for unusual or high-risk needs, such as:

For Individuals/Families:

• Golf carts/unique recreational Vehicles
• A desire for higher limits than admitted insurers are willing to provide
• Historical homes or homes with unique architecture

 For Companies/Associations:

• Large properties or complexes
• Garage liability insurance for auto mechanics/dealers
• Businesses in fire-prone areas
• Errors & Omissions insurance
• Slander & Libel policies
• Taxi Cabs
• Directors & Officers Coverage

Surplus lines carriers aren't subject to State regulatory requirements and can be more flexible in designing solutions for their customers, but this flexibility comes with some risk. Costs can be higher for policyholders and if a surplus lines carrier goes insolvent, existing claims will not be paid by the State.

Here at Wren Insurance, we work with several surplus lines carriers to meet the needs of our clients, like Tapco, Bass, RT Specialty, AmWins, Topa and Swyfft, to name just a few.

If you have any questions about surplus lines insurance or would like to chat about what your unique insurance needs may be, please feel free to contact us anytime. We'd love to help!