Excess and Surplus Lines Insurance

What is excess and surplus (E&S) lines insurance?

Excess and surplus lines insurance is a market that protects businesses standard insurers won't cover. It's also known as surplus lines or non-admitted insurance.

Some companies might not qualify for standard insurance because of the type of work they do or how they operate. When that happens, they can get protection through a qualified E&S carrier that's ready to handle complex risks.

Progressive Commercial offers surplus lines coverage in most states, and our experts can help you explore general liability options in the E&S insurance market. Start a quote online or call us to talk to an agent.

Why small businesses might need E&S coverage

E&S insurance gives small businesses another way to get coverage when they aren't eligible for standard insurance. They might need E&S coverage if:

• Their business has a risk that's unusual or hard to categorize.
• Their operations involve specialized tools or processes.
• They've had changes in their business, such as adding new services or experiencing claims.
• They need coverage that standard insurers don't offer.

Admitted vs. non-admitted insurance

There are two markets in insurance: admitted and non-admitted.

• Admitted insurance is standard insurance. The state backs these carriers, which must follow certain regulations. If the admitted insurance company becomes bankrupt, the state will pay necessary claims.
• Non-admitted insurance is E&S insurance. These specialty carriers can take on greater insurance risks. They have this ability because they are not limited by the same state regulations as admitted companies.

Both types of insurance are valid, and each one helps a different kind of consumer.