Ron Klimek, vice president and Dallas branch manager, announced that Western Security Surplus has increased capacity to write coastal property coverage in Texas, including wind and hail, Tier 1 and 2 counties.
The property coverage is offered via a non-admitted “A” rated market with an appetite for coastal property in Texas. Coverage highlights include Standard Commercial ISO Coverage forms including wind and hail coverage. WSS has in-house quoting and binding authority up to $1,500,000 TIV ($1,000,000 for frame structures). Capacity is available in all Texas Tier 1 and 2 counties with the exception of Galveston and Jackson Counties.
Minimum premium starts at $1,000 and deductibles start at $5,000 or 5 percent per occurrence (whichever is more) for wind and hail coverage and $1,000 per occurrence for all other perils.
Eligible risks include but are not limited to: apartments, churches, condominiums, hotels/motels, lessor’s risks, restaurants/taverns/bars, retail/mercantile, vacant buildings and more. Interested agents and brokers are invited to visit the Web site at .
Source: WSS
Topics Texas Excess Surplus Property
Was this article valuable?
Here are more articles you may enjoy.
Florida’s Unemployment Rate Is Surging Even as High-Profile Companies Move In 
Trump Says Illegal Immigration Increased Car Insurance but Experts Say Otherwise 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
DeSantis Signs Citizens Commercial Clearinghouse Bill That’s Been Called ‘Unneeded’ 
