NuSureCo Specialty

NuSureCo Specialty writes property insurance for real estate investments that fall outside the appetite of admitted carriers, where lenders still require coverage. Its policies cover fix-and-flip and vacant properties on three-, six-, nine- or twelve-month terms, with Basic Form coverage at agreed value or Special Form coverage at replacement cost, optional builder's risk endorsements, and general liability. All policies are written through Monarch Sky, the company's affiliated managing general agency.

The carrier's focus is non-standard and high-risk investment property, which it serves with flexible policy terms, a quick quote-to-bind process and one affiliated distribution channel. It sells general liability in Florida, Georgia and Texas and plans to expand into additional states. Its customers are fix-and-flip investors and owners of vacant properties, insuring individual properties or multi-state portfolios.