Excess & Umbrella Liability

MarketScout offers very competitive excess/umbrella quotes thru A rated markets. There are no minimum premium requirements to do business with MarketScout and we accept one off submissions. We can offer admitted and non-admitted quotes and MarketScout will handle most surplus lines requirements. We are an 'open' market.

 

MARKET OVERVIEW

Coverage Parameters

Excess/Umbrella coverage on an admitted and non-admitted basis. We can provide both lead and buffer layers of coverage up to 10 million limits. (Higher limits available upon request and reinsurance approval.) Quotes are subject to company policy forms. Minimum premiums vary depending on class.

Our target list of preferred classes include:

  • Service firms
  • Restaurants
  • Manufacturing
  • Hospitality
  • Real estate
  • Commercial trades and GC's
  • Retail
  • Auto
  • Property
  • Construction

 
We will consider new ventures.

 

Insurer(s)

We use only A-rated markets.

 

Commission Schedule

Varies with a 10% minimum; higher commission available depending on premium, class and activity.

 

Application Requirements

We use standard acord applications. Upon binding all agents are required to sign up on the Marketscout website and provide copies of E&O certificate and state license. No minimum premium is required. We welcome one off submissions. 

 

 

Applications
Title View/Download
Acord Umbrella Application Acord Umbrella Application

FAQs

1What is your commission?
10% minimum.
2What is your turnaround time to receive a quote?
48 hours if submission complete.
3Do you require a minimum premium?
No, we accept one-off submissions.
4Will you consider tougher classes?
Yes.
5Who files the surplus lines taxes(if any)?
MarketScout.