Insurance Term Of The Week: Surplus Lines Insurance Wednesday August 15, 2007. Surplus Lines Insurance markets are needed to provide alternatives for unusual or higher risk insurance not offered by licensed insurers or insurance companies in the state a customer lives. There are often situation where insurance coverage is unavailable from licensed insurers because of the risk exposures or because coverage terms and conditions don’t provide the specific insurance a customer needs. Related Blogs: Some History About Lloyd’s Of London Speciality Lines Insurance Million-Dollar Legs. Body Part Insurance This week I decided I wanted to get the Glossary of Insurance … Continue reading →