Excess Flood Insurance & Liability Coverage
Trying to secure sufficient flood insurance for your home can be incredibly frustrating. Bigger and fiercer storms are becoming more and more commonplace and insurance carriers are not willing to take on the added risk. You can’t afford to simply make do with standard home insurance you have or settle for the $250,000 maximum coverage that the National Flood Insurance Program provides. Understandably, the dearth of viable options may be leaving you feeling increasingly desperate.
However, an acceptable solution might be attainable. Custom excess flood insurance coverage for your home or business property is available – even if it’s in a coastal area. You will be able to work with agents to obtain sufficient coverage at a reasonable premium. No longer do you have to resign yourself to sub-standard coverage for your home. Excess flood insurance is a realistic solution to make sure your home and its belongings will be protected.
Authored by Rick J. Lindsey, President, Chairman, and CEO of XINSURANCE
Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Rick J. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick J. Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick J. Lindsey discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Rick J. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick J. Lindsey to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. XINSURANCE also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are XINSURANCE can help.
