Orchid Insurance offers Excess Property coverage that provides protection above and beyond the underlying or primary policy. If a claim exceeds the limits of a primary policy, Orchid Excess Liability picks up the remaining costs that were not covered by the primary insurance.
In other words, excess property serves as insurance on top of original insurance. When risks are large and complicated, Excess Property makes sure that everything is covered, even if the primary coverage has reached its declared limits. If property is valued at more than what an insured’s policy states, then Orchid's Excess Property coverage is a viable option for increasing policy limits and meeting specific needs.
Excess Property coverage, which can be provided on an all-risk or standalone basis, protects against castastrophic perils such as windstorms, floods, and earthquakes. It can provided on an all risk or a standalone basis. Premiums can range from a minimum $25,000 for non-critical exposures to a minimum of $50,000 for critical exposures.
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39 listings in 50 states + DCView Company
Availability 50 states + DC