Surplus lines insurance refers to coverage lines that need not be filed with state insurance...
surplus lines insurance
Surplus lines insurance refers to coverage lines that need not be filed with state insurance departments as a condition of being able to offer coverage.
Additional Information
The types of risks typically insured in the surplus lines insurance markets can usually be categorized as risks with adverse loss experience, unusual risks, and those for which there is a shortage of capacity within the standard market.
Summary
Synonyms
nonadmitted policy
Related Terms
