Buy down Wind, Wind & Hail, and Named Storm Deductibles on overlying policies.
Designed for Policy Holders who wish to mitigate against out-of-pocket expenses due to retentions imposed by their All Risk Property insurance programme, or where a bank or lender requirement is imposed to seek a lesser retention.
Coverage for Wind, Wind & Hail and Name Storm exposures for property situated in coastal areas and inland/non-coastal areas susceptible within the USA.
The OPAL Underwriting Deductible Buyback Policy constitutes a Follow Form which tracks the terms and conditions of the overlying Property Policy and is linked to the same.
Our award winning platform provides brokers with instant bindable quotes and bound policies that can be sent straight to Insureds with minimal input by brokers. No need to wait on underwriters.
Here are some of the key features of our Deductible Buyback Insurance Policy.
Risk limit up to $5M
Maximum Risk Limit Up to $5 million for coastal areas and inland areas.
Lowest Retention in the Market
Minimum retention of $5,000 per occurrence for policies with TIV of under $15 million and $10,000 for policies with TIV of above $15M.
Available in all 50 states
With no geographical restrictions we are able to offer policies across the USA.
By becoming an AEGIS partner, not only do you gain access to our award winning platform, we will also equip you with additional sales & marketing resources.
Our unique Quote and Bind platform provides you with a fully digital experience that improves your efficiency and reduces wait time for quotes and policies.
Get in touch with us about gaining access to the OPAL Platform and marketing resources.
- UK Wholesale Broker
- UK Wholesale Broker
