Wholesale Commercial P&C · Surplus Lines
Coverage for the risks others won't write.
BenCo Agency helps retail agents place commercial property and casualty risks that standard carriers turn away. Trucking, new ventures, prior losses, hazardous operations: send us the submission and we'll work the excess & surplus lines market until your client's risk has a home.
Surplus lines accessNon-admitted carriers for risks the standard market declines.
Commercial onlyProperty and casualty for businesses is all we do.
Built for agentsWe partner with retail agents to place their clients' hard-to-place commercial risks.
What we write
Commercial coverage, admitted or not.
Bring us the accounts your standard markets declined or won't renew. We'll shop the surplus lines market and come back with options you can present to your client.
General Liability
Third-party bodily injury, property damage, and products/completed operations.
Commercial Property
Buildings, contents, and business income, including vacant and high-value property.
Commercial Auto & Trucking
Fleets, for-hire trucking, owner-operators, and hired and non-owned auto.
Workers' Compensation
Statutory coverage and employer's liability, including hard-to-place classes.
Umbrella & Excess
Additional limits stacked over your primary liability and auto policies.
Inland Marine
Contractor's equipment, tools, and property in transit or off-site.
Builder's Risk
Structures under construction or renovation, from groundbreaking to completion.
Professional & E&O
Errors and omissions for service businesses and consultants.
Commercial trucking
Trucking accounts are our specialty.
From a single owner-operator with a brand-new authority to a growing fleet with a rough loss history, we find markets for the trucking risks standard carriers pass on.
Primary Auto Liability
The core coverage behind your client's operating authority.
Motor Truck Cargo
Freight in the driver's care, custody, and control.
Physical Damage
Tractors and trailers, including stated-value coverage.
Non-Trucking Liability
Bobtail and deadhead coverage for leased owner-operators.
Trailer Interchange
Non-owned trailers pulled under an interchange agreement.
General Liability & Umbrella
Premises exposure and higher limits that shippers and brokers require.
We place with carriers that handle the federal and state filings an authority needs, such as the MCS-90 endorsement and BMC-91X.
Surplus lines, explained
Declined isn't the end of the road.
When admitted carriers won't offer coverage, the excess & surplus lines market can. E&S insurers have the freedom to write unusual, high-hazard, or newer risks with tailored forms and pricing. Placing it well takes a broker who knows those markets.
- Prior losses
- New ventures
- Hazardous operations
- Vacant property
- Coastal & CAT exposure
- High liability limits
- Non-renewed accounts
| Admitted market | Surplus lines (E&S) | |
|---|---|---|
| Best for | Standard, predictable risks | Unusual, high-hazard, or hard-to-place risks |
| Rates & forms | Filed with and approved by the state | Flexible, written to fit the exposure |
| Placement | Direct with the carrier | Usually after declinations from admitted carriers (a "diligent search") |
| Taxes & fees | Built into the premium | Surplus lines tax and any stamping fee shown separately |
| Guaranty fund | Generally covered | Generally not covered, so carrier strength matters |
Surplus lines rules vary by state. We'll walk you through what applies to your placement.
Who we work with
Built for tough classes of business.
If your client's operation makes underwriters hesitate, send it our way. These are some of the classes we place most often.
Contractors
Artisan, GC, roofing, and new-venture contractors.
Habitational
Apartments, older buildings, and landlord portfolios.
Restaurants & Bars
Liquor liability, late hours, and entertainment venues.
Trucking & Transportation
For-hire trucking, delivery, towing, and specialty auto.
Manufacturing
Products liability and equipment-heavy property.
Vacant & Rehab Property
Buildings between tenants or under renovation.
How we work
From first call to bound policy.
One point of contact for your agency and straight answers about what the market will and won't do.
Send us the submission
Email the ACORD applications, loss runs, and current declarations, or call to talk the risk through first.
We package it
We fill any gaps and organize the details underwriters need, so your client's account gets taken seriously.
We go to market
We take it to the surplus lines carriers best suited to the class, location, and limits.
You present, we bind
You get quotes with clear comparisons to review with your client. Once they choose, we bind and issue.
Submit a risk
Got an account that needs a home?
Email your submission or call to talk through a risk before you send it. ACORD applications, currently valued loss runs, and current declarations help us move quickly.