Palomar
Palomar offers specialty property and casualty insurance, from construction and movable property to liability and earthquake risks.
Our confirmed Palomar placement is builders risk for projects under construction. Explore more of Palomar’s products below, and ask TSA about access and eligibility for your needs.
What we write with Palomar
Projects under construction
Builders risk addresses property risks during construction. Discuss the project, its value and construction schedule with TSA; the policy determines the covered property, losses, and terms.
Additional coverage Palomar offers
These are Palomar’s public products, separate from the builders risk placement shown above. The linked TSA guides explain coverage types, not Palomar policy terms or confirmation of access through TSA. Ask us about availability for your location and risk.
- Inland marineFor movable business property, including contractors’ equipment, installation floaters, and specialty property floaters.
- Motor truck cargoFor freight carried by hired truckers; cargo protection is separate from coverage for the truck itself.
- General liabilityPalomar’s general casualty program targets small and midsized contractors and artisan trades through wholesale brokers. It currently avoids contractors in New York, Florida, Louisiana, and Georgia; admitted status varies by state.
- Environmental liabilitySite pollution, contractors’ pollution and combined general and pollution liability forms address different operational exposures.
- Professional liability (E&O)Separate real estate E&O and miscellaneous E&O programs address allegations of errors in professional services; excess E&O is also offered.
- Commercial and residential earthquakeSeparate products for business property and homes. Commercial DIC can include earthquake and eligible flood exposures; residential forms and availability vary by state.
Company background
Headquartered in La Jolla, California, Palomar provides specialty property and casualty insurance for individuals and businesses. The company is publicly traded on Nasdaq under the symbol PLMR. Its business uses underwriting expertise and data analysis to focus on selected specialty markets. Builders risk sits within its inland marine division and addresses property risks while construction is underway.
Why we like them
Palomar offers a competitive builders risk program for projects under construction. Its inland marine division addresses both commercial and residential construction, making it worth considering when planning protection for a building project. Eligibility and coverage depend on the project and policy terms.
Discuss these options with TSA
Tell us about the coverage you need and any insurance you already have. We can review the options and their terms with you.
Availability and pricing depend on your location, risk, and underwriting. Coverage is governed by the issuing insurer’s policy terms. This is not a quote.
Official websiteplmr.com(opens in a new tab)