Excel Insurance Services, Inc. provides tailored placement solutions for wind-exposed coastal properties through our New Jersey Coastal Property Insurance (2) program. Built for both commercial and personal lines, this program gives agents and brokers flexible, competitive options for clients located in wind-prone coastal areas where admitted markets may decline.
Ideal Accounts and Target Risks
This program targets properties in coastal New Jersey and nearby states where wind exposure has made coverage hard to secure. We are especially competitive for the following classes:
- Condominium associations
- Apartment buildings
- Hotels and motels
- Boardwalk retail stores and restaurants
- Vacant properties
- Builder’s risk
Typical scenarios include a small apartment complex near the Jersey Shore or a boardwalk restaurant declined by admitted carriers due to high wind exposure — accounts this program is structured to handle.
Coverage Highlights and Features
- Monoline wind coverage available
- Low or no wind deductible options
- Wind deductible buy-back available
- Package policies with equipment breakdown available
- Solutions for both commercial and personal lines
Whether you need full property coverage or wind-only protection to complement an existing policy, Excel Insurance Services can structure competitive solutions to address wind risk and policy gaps.
Underwriting Notes and Minimum Premiums
We place business on a non-admitted (E&S) basis with access to multiple excess & surplus markets, allowing us to take on risks standard carriers often decline. Minimum premiums begin at $500. For efficient review, submissions should include complete property details such as exact location, construction type, occupancy, roof age and condition, mitigation features, and any recent loss history.
States and Availability
This program is available in the following states:
- New Jersey
- New York
- Pennsylvania
- Delaware
- South Carolina
We focus on coastal counties and wind-exposed zones where admitted options are limited or unavailable.
Why Work With Excel Insurance Services?
As a Managing General Agency and E&S broker, Excel Insurance Services combines coastal property expertise with fast, practical underwriting. We understand the nuances of wind-exposed properties and partner with a variety of carriers to find appropriate capacity and creative solutions when others say no. Our team moves quickly to help you close difficult accounts and protect your insureds.
Frequently Asked Questions
What types of accounts are a good fit for this program?
This program fits coastal commercial and residential properties such as condo associations, apartment buildings, hotels, restaurants, vacant properties, and builder’s risk projects that are difficult to insure because of wind exposure.
Can I get wind-only coverage through this program?
Yes. We offer monoline wind coverage and wind deductible buy-back options that can complement existing property policies.
Is this program available for personal lines as well?
Yes. Depending on property type and location, we can consider both commercial and personal lines placements within this program.
What is the minimum premium for this program?
Minimum premiums start at $500, though final premium depends on the risk characteristics and coverages selected.
Which states is this program available in?
The program is available in New Jersey, New York, Pennsylvania, Delaware, and South Carolina, with emphasis on coastal and wind-exposed zones.
Need help placing an account? Connect with a market specialist.