Prospect General Launches Admitted Residential Flood Product in Illinois

LA JOLLA, Calif., Jan. 23, 2018 /PRNewswire/ -- Prospect General Insurance Agency ("Prospect General") is pleased to announce the continued expansion of Flood Guard, an admitted residential flood insurance product, into Illinois.

Flood Guard provides innovative residential flood coverage and is an alternative to the National Flood Insurance Program (NFIP).  Through its sophisticated rating algorithm and user friendly online platform, Flood Guard offers affordable coverage and the ability to quote and bind coverage in just minutes.  In addition, Flood Guard offers superior coverage enhancements relative to the NFIP with dwelling coverage up to $5 million and personal property coverage up to $1 million.

Flood Guard is also available in California, Oregon, Arizona, and Utah and will continue to expand into additional states through 2018.

"Our Illinois launch of Flood Guard marks the start of a busy 2018 for Prospect General.  Illinois is the fifth most populous state in the country and we look forward to raising awareness on the benefits of flood insurance to all Illinois agents and homeowners," said Prospect General President, Ryan O'Connor.

Flood Guard is an admitted product written through Palomar Specialty Insurance Company.

For more information on Flood Guard, please visit:
https://www.prospectgeneral.com/insurance_products/flood-guard/

About Prospect General Insurance Agency
Prospect General Insurance Agency (www.ProspectGeneral.com) is a Program Administrator formed to be an advocate for both producers and insureds.  Prospect General seeks to provide modern-day solutions for traditional and emerging risks by working hand in hand with its partners to create highly desirable insurance products.  The company is based in La Jolla, California, operates nationally and is a wholly owned subsidiary of Palomar Insurance Holdings.

Media Contacts
Prospect General Insurance Agency
Phone: (619) 597-1188
Email: Producers@ProspectGeneral.com

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SOURCE Prospect General Insurance Agency