Palomar is State Admitted with a National Guarantee
Insurance Guaranty Funds
The National Conference of Insurance Guaranty Funds (NCIGF)
A non-profit, member-funded association – provides national assistance and support to the property and casualty guaranty funds located in each of the 50 states and the District of Columbia.
The property and casualty guaranty fund system is a privately funded, nonprofit state-based program.
The system, which pays covered claims up to a state’s legally allowable limits, has safeguarded countless policyholders who might otherwise face financial ruin because of unpaid claims related to an insolvency.
The guaranty fund system supports the insurance promise by assuring the viability, commitment and reputation of the property and casualty insurance industry, adding substantial value both to the insurance industry and for its customers.