With the addition of Hawaii, Idaho and Michigan, Coalition's
admitted product is now available in 34 states: AL, AZ, CA, CO, CT, DC, DE, HI,
IA, ID, IL, IN, MD, MI, MN, MO, MS, NC, NE, NH, NJ, NM, NV, NY, OR, PA, RI, SC,
SD, TN, TX, UT, WI & WV.
Technology Errors & Omission coverage is not currently available in the
admitted policy in any state.
The following endorsements are available in all admitted states except Missouri
and Texas:
• Breach ResponseSeparate Limits
• Reputational HarmLoss
• Service Fraud
• Criminal RewardCoverage
• Court AttendanceCosts
• GDPR Enhancement
If
these endorsements are not included in the online quote, use the Coalition chat
feature to request the endorsements be added.
With the introduction of the admitted product, Coalition is becoming a one-stop
shop for cyber coverage for standard and non-standard risks. As cyber threats
become more complex, the surplus lines market allows Coalition to quickly
introduce newer coverages and offer higher limits. Once Coalition enhances the
non-admitted coverage, the admitted policy may lack these coverages or
enhancements for some time, as they may depend on the state insurance
department's approval. If the new coverages or limits are not yet approved in
the admitted product, offering admitted and non-admitted options may be
advantageous, if state regulations allow.
How do I obtain an
Admitted Quote?
The process is nearly identical to obtaining a surplus lines quote. You will
now notice a new button labeled "Get Admitted Quote" on the upper
right-hand corner of your Coalition Dashboard where the "Get Quote"
button used to be.
Just click on this button and you'll be taken to an identical set of questions
used to obtain an admitted quote. If the risk falls outside the admitted
parameters, you will be given the option to continue as a surplus lines quote.
Reach out to Carla McGee,
your dedicated cyber liability program manager, at 800-221-7917, ext. 5495 if
you have any questions or to walk through a quote.