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RISC Inc.
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RISC Inc.
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High-Value Homeowners Insurance


RISC's Home Select is a High-Value Homeowners Insurance solution tailored for homes and condos valued over $250,000. Developed for independent agents and brokers, this program offers flexible underwriting and broad eligibility across the United States, including areas that are traditionally difficult to insure.

Overview of the Program From RISC Inc.

RISC Inc. is a Managing General Agency (MGA) offering access to specialty personal lines markets. With Home Select, agents can place primary and vacation homes, even those in high-risk zones or with unique ownership structures. Coverage is available for properties under construction, vacant, corporately or estate-owned, and more. This program provides a much-needed market for high-value homeowners who face challenges obtaining coverage due to location or risk profile. Whether your client owns a coastal vacation home or a secondary residence in wildfire-prone regions, RISC delivers tailored protection options.

Ideal Accounts and Appetite

Home Select is ideal for clients who meet the following criteria:
  • Homes and condos with dwelling values of $250,000 and up
  • Total insured values up to $10,000,000 (higher limits available with referral)
  • Liability coverage up to $1,000,000
  • Personal articles floater available up to $250,000 (with higher limits by referral)
Target risks include:
  • Primary and vacation residences
  • Properties in high-risk areas such as:
    • Coastal zones
    • High wind regions
    • Brush fire-prone areas
    • Flood or rising water zones
    • Earthquake-prone locations
    • Protection Class 9 or 10 areas
  • Homes under construction or vacant
  • Corporately or estate-owned properties

Coverage Highlights and Advantages

  • Designed for hard-to-place high-value homes
  • Flexible underwriting for specialty and high-risk exposures
  • Access to respected carriers: Lonmar Global Risks & Sagicor Syndicate
  • Customizable limits with referral options for higher values
You might have a client with a luxury mountain home in a wildfire zone or a coastal condo used as a seasonal residence—RISC’s Home Select program can help you find coverage solutions for these scenarios.

Underwriting Notes and Minimum Premiums

  • Most markets are written on a non-admitted basis
  • Minimum premium starts at $1,500
  • Referral required for higher limits or complex risks
RISC works closely with agents to evaluate non-standard or high-net-worth exposures and deliver tailored solutions with responsive turnaround times.

Territories and Availability

The Home Select program is currently available in the following states:
  • Arkansas (AR)
  • Minnesota (MN)
  • Montana (MT)
  • Nebraska (NE)
  • North Dakota (ND)
  • Oklahoma (OK)
  • Oregon (OR)
  • South Dakota (SD)
  • Texas (TX)
  • Utah (UT)
  • Wyoming (WY)

Why Work With RISC Inc. on High-Value Homeowners?

RISC Inc. brings specialized expertise in placing difficult personal lines risks. Their Home Select program gives agents access to quality markets and underwriters who understand the nuances of high-value residential properties. With a focus on flexibility, speed, and customized solutions, RISC makes it easier for brokers to serve high-net-worth clients in challenging territories. Contact RISC today to discuss your next High-Value Homeowners Insurance submission.

Frequently Asked Questions

What types of accounts are a good fit for this program?

Homes or condos valued over $250,000, including those in high-risk areas or with unique ownership structures like trusts or corporations, are ideal candidates.

Can this program insure vacation homes or secondary residences?

Yes, the Home Select program covers both primary and vacation homes, even in coastal or wildfire-prone areas.

What is the minimum premium for this program?

The minimum premium starts at $1,500, subject to underwriting review and risk characteristics.

Are higher limits available for property or personal articles coverage?

Yes, higher limits are available with referral. Total insured values can go up to $10 million or more depending on the risk.

Which carriers support this program?

The program is backed by Lonmar Global Risks and Sagicor Syndicate, offering strong market support for unique personal lines risks.

Need help placing an account? Connect with a market specialist.

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Managing General Agency
  • Admitted:
    Most Available Markets
  • Carriers:
  • Carrier Ratings:
    Refer to AM Best for Carrier Rating
  • Commission:
    Varies
  • Min Premium:
    $1,500

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CONTACT INFORMATION

LOCATION

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APPLICATIONS

  • Please send submissions on HO80 ACORD application.

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RISC Inc. has other insurance programs like Demolition Contractors Insurance.