Binding Restrictions

Currently, there are no binding restrictions in place for Kinsale’s Agribusiness Property, Aviation (Hull Coverage), Commercial Property, Energy Property (Oil Lease Property), High Value Homeowners, Inland Marine, Ocean Marine (Cargo Coverage), and Small Property products.

Should we need to implement binding restrictions in the future, detailed information will be posted here.

Per our guidelines, the restrictions implemented in the event of a declaration of a named catastrophic event are as follows:

• No policy will be bound on any new business.
• No endorsement may be issued on existing policies that has the effect of increasing limits of liability or decreasing deductibles, and no endorsements for policy term extension will be offered.
• Renewals of expiring policies may be written provided there is no increase in coverage.

Binding restrictions are effective immediately once in place. We will notify you as soon as restrictions can be lifted. If you have any questions, please contact the Aviation, Commercial Property, Energy, High Value Homeowners, Inland Marine, Small Property, or Ocean Marine teams.