Palomar Specialty Insurance has announced the expansion of its Flex Choice residential earthquake insurance product into Mississippi and South Carolina from its current offer in Arkansas, Illinois, Indiana, Kentucky, Missouri Tennessee and Utah.
Flex Choice allows consumers to tailor make residential earthquake coverage to meet their specific needs. The bespoke earthquake cover offers homeowners a variety of coverage alternatives and deductible options.
Flex Choice is distributed through independent agents and wholesale brokers who can access the unique product via the Palomar Automated Submission System, PASS, which offers producers a quick and efficient quote to issue process that can be completed within minutes.
Palomar President and Chairman, Mac Armstrong, said; “Palomar is committed to bringing innovative catastrophe insurance products to all markets where perils exist and there is a need.
“Flex Choice is the latest example of such innovation; it allows agents to offer unprecedented bespoke coverage options to their customers via an intuitive and streamlined platform.”