Demand for earthquake coverage is heating up on the West Coast, according to two managing general underwriters offering coverage for commercial and residential properties.
“We might need some more underwriters,” says Susan Rivera, president & CEO of V3 Insurance Partners, which launched its V3antage EQ+ difference-in-conditions program three weeks ago.
“We have over 800 submissions” for the program, which targets small commercial businesses with primary exposures in California, Rivera says. “We are seeing a lot of first-time buyers.”
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