Palomar Specialty Expands Residential Earthquake Product Into Additional States

Palomar Specialty Insurance Co. has expanded its Flex Choice residential earthquake insurance product into the following states: Arkansas, Tennessee, Kentucky, Illinois, Indiana and Utah.

Flex Choice allows consumers to customize their residential earthquake coverage to meet their specific needs and offers a coverage alternatives and deductible options for homeowners.

Flex Choice is distributed through independent agents and wholesale brokers who can access the product via the Palomar Automated Submission System, PASS, which offers producers a quick quote to issue process.

Palomar Specialty Insurance Co. focuses on catastrophe-exposed residential and commercial property lines of business, including residential and commercial earthquake, multi-peril homeowners, residential hurricane and commercial business written on an “all risks” basis in select hurricane exposed states. Based in La Jolla, California, the company is an admitted carrier in 24 states. Palomar Specialty has an A.M. Best financial strength rating of “A-” (Excellent).