Surplus Lines (excess-surplus Lines)


Definition of "Surplus lines (excess-surplus lines)"

Michelle Wilhite real estate agent
Michelle Wilhite, Real Estate Agent Allen Tate Realtors-Greenville-Woodruff Road

Specialized property or liability coverage provided by a non admitted insurer in instances where it is unavailable from insurers licensed by the state. Examples of surplus lines are coverage for some environmental impairment liability risks, or liability coverage for directors and officers of certain companies.

 

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