Palomar Holdings Inc.

“Limited Resort Coverage

Pros

Our experience with Palomar Specialty Insurance has been mixed. As part of Tranquil Escapes Resort, weve found their coverage options for the hospitality industry to be limited. While they provide some protection for common hospitality risks, the lack of coverage for niche services and luxury amenities is a drawback.

Cons

The limited coverage for luxury hospitality services has left our resort exposed to potential financial losses. Enhancing coverage options to include a broader range of hospitality-related risks and amenities would significantly enhance the suitability for high-end resorts like ours.

“Moderate Protection for Retail

Pros

Our experience with Palomar Specialty Insurance has been moderate. As part of FashionFlair Boutique, we have found their retail insurance coverage to be somewhat comprehensive. While they cover common risks faced by retailers, the lack of coverage for online sales and e-commerce-related challenges is a limitation.

Cons

The absence of coverage for online retail risks has left our business exposed to potential losses from digital sales. Expanding coverage options to include e-commerce-related challenges would significantly improve the suitability for retail businesses like ours.

“Partial Construction Coverage

Pros

Our experience with Palomar Specialty Insurance has been mixed. As part of CityConstruct Developers, we have found their construction insurance coverage to be partial in addressing our needs. While they provide protection for certain aspects, the lack of coverage for specialized risks in our industry is a limitation.

Cons

The limited coverage for specialized construction risks has left our business exposed to potential financial losses. Enhancing coverage options to include a wider range of construction-related risks and challenges would greatly enhance the suitability for construction companies like ours.