Homeownership is a dream for many Americans, but it also presents certain liability risks. An accident or incident that injures a third party could lead to an expensive lawsuit. Without personal liability insurance, the homeowner could lose valuable assets and possibly experience lasting financial consequences.
While a standard homeowners insurance policy can reduce some exposure to risk, it typically comes with low liability limits that can leave the policyholder vulnerable. What’s more, homeowners coverage can be difficult to obtain particularly if there is a claims history, property value change, bankruptcy, or hazard issues on the property.
Are you an insurance agent or producer seeking protection for a high-risk client? Prime Insurance Company can help by offering excess and surplus lines personal liability coverage that picks up where base policies leave off. We can also provide protection in situations where the insured isn’t eligible for a plan in the standard market. Our programs offer true peace of mind by paying large claims and lawsuit judgments up to the chosen limits and covering legal defense costs.
In addition to recreational equipment and devices that are not covered by traditional insurance, animal liability coverage is also available. Individual liability coverage is important to pet owners because if the canine bites, scratches, knocks down, or causes harm to a third party, liability insurance protection is in place.
Examples of the coverages available to your clients with a custom individual liability insurance plan from Prime include:
“All-in-One” means that you can have multiple coverages under one insurance policy. You can select which coverages you need and reject the ones you don’t need and we’ll craft it into one policy so everything is in one place. You can download our all-in-one personal liability application to see the available coverages you can add and you can then submit the completed app to request a quote.
At Prime, we support all our policies with exceptional service. Our in-house underwriting team takes a hands-on approach to the risk evaluation process to offer innovative solutions that meet the insured’s unique coverage requirements. When the time comes to file a claim, we can expedite the settlement procedures and provide legal representation if necessary.
Prime can help your business grow in many ways. Besides enabling you to present more personal liability coverage options to your clients, we offer benefits like:
Prime is proud to have earned an “A” (Excellent) rating from AM Best, which is a testament to our financial strength and stability.
Prime has also earned a Financial Stability Rating® of A” (A Double Prime), Unsurpassed, from Demotech, Inc. The most current Financial Stability Rating® must be verified by visiting www.demotech.com.
We have the resources to pay claims up to the limits of our policies. You can assure your clients that we’ll come through for them when they need us most.
Are you ready to help your clients apply for the personal liability coverage they need to protect their assets and get peace of mind?
Our simplified application process saves time and hassles:
We’ll then contact you or the applicant by phone to gather additional information.
Do you still have questions about personal liability insurance from Prime? Feel free to give us a call at 800-257-5590 or contact us online today.Get a Quote!