Lexington Insurance Company

Lexington Insurance Company is an American insurance provider. It is the largest American surplus lines insurer. They specialize in property and casualty insurance. They started in 1965 with $3 million. After insuring for years in favorable conditions, they grew quickly. Lexington has an AM Best rating of A (excellent) and a BBB rating of A+. Lexington Insurance is a subsidiary of American International Group (AIG).

Lexington Insurance

Lexington Insurance Company is probably at its best when there are high amounts of coverage. Mansions, beach houses, and other large homes that require high coverage amounts would be likely to get lower rates with Lexington Insurance. Condominiums that require high coverage amounts also have competitive prices. Here are a few types of policies that they offer:

 

HO3 – Homeowner’s: Primary, secondary, tenanted, Lexington does it all.

HO3 – Ex-wind Homeowners: Insurance without wind coverage provides fire, lightning, theft, ice, liability, etc.

HO4 – Renters: Protect your personal belongings while renting a home.

HO6 – Condo policies insure personal property and protect the walls in. A master policy or “all in policy” is usually in place for protecting the walls out. Lexington condo insurance is most competitive at high coverage amounts.

DP3 – Landlord: If you’re a homeowner who rents a home to others, you need a landlord policy.

DP3 – Vacant: Empty homes exclude things like medical coverage and liability.

 

For more information, see the Lexington Insurance Company Wikipedia page.

Also see other carriers; Lloyd’s of London and GeoVera.