Overview — Southern Insurance Underwriters: High Value Home Insurance
Southern Insurance Underwriters, Inc. (SIU) offers a dedicated High Value Home Insurance program designed for agents placing complex personal property and high-net-worth homeowners in AL, FL, GA and SC. As an experienced managing general agency, SIU brings access to multiple “A”-rated markets and tailored underwriting for homes with higher limits, unique exposures, or non-standard characteristics.
Program at a Glance
- Program name: High Value Home Insurance
- Coverage limits: $250,000 and up
- Provider type: Managing General Agency
- Carriers: Varies — access to multiple “A”-rated markets
- Admitted status: Most available markets (varies by carrier and state)
- Territory: Alabama, Florida, Georgia, South Carolina
Ideal Accounts and Appetite
SIU’s High Value Home Insurance is aimed at independent agents who need markets for higher-limit dwellings and homes with moderate to higher risk characteristics. The program is a good fit for:
- Coastal properties and second homes
- Older homes that have been updated or restored
- Properties with prior losses or credit issues
- Homes with pools (including unfenced pools) and other attractive nuisances
- Locations that may be vacant for short periods or used seasonally
- Homes with dogs of breeds often declined elsewhere
Coverage Highlights and Advantages
SIU places high-value exposures with flexible limits and competitive pricing through multiple admitted and non-admitted markets. Key advantages include:
- Tailored quotes for high-profile and high-net-worth clients
- Access to excess and umbrella capacity for layered liability protection
- Optional stand-alone coverages for valuables and specialty exposures
- Competitive terms from multiple “A”-rated markets to help you bind complex risks
Available Supplemental Coverages
- Stand-alone Personal Umbrella
- Excess Umbrella layers
- Stand-alone Liability
- Personal Article Floaters for jewelry, art, collectibles
- Flood and Excess Flood options
- Builder’s Risk for renovation or reconstruction projects
Underwriting Notes and Minimum Premiums
Underwriting is risk-specific. SIU evaluates exposures such as construction type, proximity to water, claims history, security and fire protection, occupancy and dogs. Typical documentation requested includes recent inspection photos, schedule of valuables, loss history, and details on security/fire systems.
Minimum premiums and exact admitted/non-admitted placement depend on carrier and state. Minimum premium: Varies. Submit or contact SIU with full details for a tailored quote rather than relying on broad assumptions.
Territories and Availability
This program is available in: Alabama (AL), Florida (FL), Georgia (GA) and South Carolina (SC). Admitted availability and market appetite may differ by state and by carrier; SIU will identify the most appropriate admitted or surplus market for each submission.
Why Place High Value Home Risks with SIU?
As a managing general agency focused on complex personal lines, SIU offers agents:
- Direct access to multiple underwriters experienced with high value homes
- Flexible placement options (admitted and non-admitted where appropriate)
- Quick, tailored responses for unique exposures and high profile clients
- A single point of contact for layering property, liability and specialty coverages
Example scenarios where SIU can help: you may have a coastal vacation home with an older but updated structure and a prior loss, or a high-value primary residence with substantial jewelry and an unfenced pool. SIU can evaluate those risks and provide a combination of property, floater and umbrella solutions to fit the account.
Bring your high value, high risk insureds to SIU and let us work the markets to find the best placement.