Arizona Surplus Lines case studies
Arizona Surplus Lines · Put your knowledge to work in context.
The Arizona surplus lines license is a producer credential for insurance professionals who place coverage with non-admitted insurers when admitted carriers decline a risk. It is aimed at licensed property and casualty producers, agency principals, and wholesale or brokerage staff who already understand standard markets and want to work in the excess and surplus space. The Arizona Surplus Lines case studies are 5 cases and about 2,035 words.
1The Contractor Who Was Told No Three Times
Marisol owns a small excavation company in Yuma that needs commercial auto coverage for six dump trucks and two lowboys. Her regular carrier will not write the account because two drivers have at-fault accidents in the past 36 months.
433 words, about 2 min2A Coastal Property Nobody Will Touch
A Tucson broker is asked to place wind and hail coverage on a 40-unit condominium complex near the Arizona-Mexico border. The complex has a prior water-damage claim of 180,000 and a roof that is 22 years old.
425 words, about 2 min3The Agent Who Signed Someone Else's Name
Renée is a licensed Arizona producer working under a surplus lines broker. On a Friday afternoon, the supervising broker is unreachable, and a long-standing commercial client needs a certificate of insurance for a Monday bid opening.
394 words, about 2 min4Two Policies, One Loss
A Flagstaff restaurant owner carries a commercial package policy with a 500,000 building limit and a separate surplus lines policy written for a specific exposure the admitted market would not cover, with a 200,000 limit and a 5,000 deductible. A kitchen fire causes 300,000 in building damage and 60,000 in business interruption.
406 words, about 2 min5The Quote That Came With a Fee
A Phoenix surplus lines broker places a policy for a small manufacturing client with an eligible nonadmitted insurer. The premium is 48,000.
377 words, about 2 min