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Ask Your Peers  Personal Guarantee Insurance 


Matthew Gehrman, CityScape Insurance LLC - Mesa, AZ 85210
Reputation: 1479 - Total posts: 200
I had a call today from a gentlemen looking for personal guarantee insurance. Being as this is a financial product I'm not sure of any markets that offer this type of coverage. Does anyone know where I could point this client and/or any markets that write this type of product?

Thank you!
9 year(s) ago
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Tony Verrico, Verrico Insurance Agency - Monroeville, PA 15146
Reputation: 47 - Total posts: 4
I have heard of products that can be purchased to make it easier for banks to lend money to individuals. In what context does he want to use this coverage.
9 year(s) ago
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TeEvans, N/A - Phoenix, AZ 85028
Reputation: 442 - Total posts: 70
This is a bond. Any of your surety markets should be able to help depending on why he needs/wants it. Also, does he have the financials to support the limit requested? I'm in Phoenix and can help if you want to talk.

Thanks!
9 year(s) ago
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Matthew Gehrman, CityScape Insurance LLC - Mesa, AZ 85210
Reputation: 1479 - Total posts: 200
The client is taking a large loan to to purchase an old business, the lender is requesting this coverage.

TeEvans, what is a good number for you so we can further discuss tomorrow.
9 year(s) ago
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TeEvans, N/A - Phoenix, AZ 85028
Reputation: 442 - Total posts: 70
I sent you a msg via your website earlier this morning.
9 year(s) ago
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