Who Is Palomar?
Palomar is an innovative specialty insurer founded in 2014 and headquartered in La Jolla, California. A subsidiary of publicly traded Palomar Holdings, Inc. (NASDAQ: PLMR), the company focuses on catastrophe-exposed property and specialty lines, including residential and commercial earthquake, flood, hurricane and wind, inland marine, casualty, crop, and surety. It carries an “A (Excellent)” financial-strength rating from AM Best.
Palomar's specialty focus makes it a strong market for coverage that standard carriers often exclude or limit, particularly earthquake and other catastrophe-exposed property. Better Choice Insurance Group partners with Palomar to give clients access to standalone earthquake and specialty catastrophe coverage that fills the gaps a typical homeowners policy leaves open.
What They’re Known For
- Catastrophe Specialist: Focuses on earthquake, flood, wind, and other catastrophe-exposed risks.
- Standalone Earthquake: A leading market for both residential and commercial earthquake coverage.
- A-Rated (AM Best): Holds an “A (Excellent)” financial-strength rating from AM Best.
- Publicly Traded: Operates as a subsidiary of Palomar Holdings, Inc. (NASDAQ: PLMR).
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Where We Write Palomar Insurance
Better Choice Insurance Group offers Palomar coverage to clients across our service areas:
- Illinois: St. Charles, Naperville, Chicago, Aurora, Schaumburg
- Texas: San Antonio, Dallas, Houston, Austin, Fort Worth
- Indiana: Indianapolis, Carmel, Fishers
- Minnesota: Minneapolis, St. Paul, Bloomington