|LEXINGTON INSURANCE COMPANY INTRODUCES COVERAGE PROGRAM FOR UNIQUE, MID TO HIGH-VALUED, HIGH-RISK PERSONAL EXPOSURES|
|BOSTON, June 27, 2001 - Lexington Insurance Company has introduced LexElite Personal Lines Insurance, a specialized package of personal insurance coverages that address a wide range of unique, mid to high-value or high-risk personal property and liability exposures.*|
“There are times, as a surplus lines carrier, Lexington can provide added flexibility and creativity to serve complex risks,” said Kevin H. Kelley, Chief Executive Officer, Lexington Insurance Company. “LexElite is well suited to individuals with unique or complex personal insurance needs, providing flexible coverage options, high capacity and personalized service.”
LexElite Personal Lines can provide coverage for homeowners, including mid to high-value properties, older homes, secondary/seasonal residences, rental properties, building risks and homes with prior losses; owner-occupied, rental and secondary/seasonal condos including wind and earthquake coverage. Lexington can also provide coverages for vacant dwellings; excess flood; personal articles and personal umbrella and excess liability.
Coverage can be obtained on a “stand alone” basis, or grouped together in a LexElite package policy as endorsements to a homeowners policy. With a LexElite package policy, insureds can benefit from rate discounts, help prevent gaps or overlaps in coverage and simplify insurance management by including coverages in a single policy with a single bill and renewal date.
For the more information about LexElite, contact John Moran at 617/457-2966.
Lexington Insurance Company, based in Boston, is the leading U.S.-based excess and surplus lines carrier. Lexington Insurance Company is rated A++ (superior) Class XIV, by A.M. Best Company.
* The above described is neither a complete description nor a complete list of all terms, conditions and exclusions. Note that certain terms used in the above are defined in the policy. Please see the policy for a complete description of its scope and limitations of coverage. Issuance of coverage is subject to underwriting.