Higher Limits & Additional Coverage Availability
In nearly all cases, higher limits and/or additional coverages are available to you as a policyholder upon request for most lines of business. While we endeavor to offer additional limits throughout our relationship on an annual basis, it is incumbent upon you as the client to relay any change in needs, exposures, and other risk characteristics that would necessitate changes to your current insurance program.
Minimum Limits Policy
At Blue Lotus Insurance Brokers, we strive to meet industry best practice guidelines with respect to minimum limits. We utilize the following minimum limit guidelines when you ask us to obtain a quote on your behalf:
Liability (All Types): $1,000,000
Hired/Non-Owned Auto: $1,000,000
Property/Inland Marine: 100% Replacement Cost
Workers Compensation: $1,000,000
Cyber Liability: $1,000,000
Auto Liability: $100,000/$300,000 (With UM/UIM)
Homeowners – Liability: $300,000
Homeowners – Property: 100% Replacement Cost
You are not required to purchase coverage at these minimum limits, however if you opt to bind coverage at limits less than these standard minimum limits, you will be required to sign a waiver acknowledging that we are placing coverage, at your request, at a limit less than what is recommended.
Blue Lotus Insurance Brokers, Inc.
8670 West Cheyenne Avenue
Las Vegas, NV 89129
7251 West Lake Mead
Las Vegas, NV 89128
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