SURE, SageSure Launch Reliable Commercial Protection in Louisiana
SURE, the member-owned insurance company for reliable coastal property protection, today announced its expansion into commercial insurance in Louisiana. Small and mid-sized Louisiana business owners can now bundle general liability and commercial property coverage with SURE’s business owners policy (BOP), which is underwritten, distributed, and serviced by SageSure.
SURE’s announcement follows the launch of its first commercial product in Texas earlier this year, further demonstrating its commitment to serving challenging property insurance markets. In the last year, eight property insurance companies in Louisiana have become insolvent because of excessive catastrophe losses and lack of adequate capital. At least 12 other companies have submitted withdrawal notices to leave the state.
SageSure’s team underwrites a broad range of classes, including restaurants, retail and wholesale, offices, habitational, artisan contractors, and other services. In all, SURE’s BOP program has eligibility for more than 300 classes.
SURE’s BOP offers coverage for a range of property loss events, liability for bodily injuries, liability for advertising injuries, loss of income caused by covered property events, and more.
- Brown & Brown to Acquire Risk Strategies, One80 Parent for $9.8 Billion
- Man Charged After Claiming Deer Damage in What Was Actually a Fatal Hit-and-Run
- Florida Commission Accepts First Hurricane Models Under New Standards
- Auto Insurance Satisfaction Rankings: High Lifetime Value Customers Most at Risk