Lilypad Insurance Company
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
No formal public underwriting, appetite, or producer guide is currently posted on Lilypad Insurance Company’s official site. Available pages are marketing‑oriented and do not provide detailed risk‑selection criteria, eligibility rules, or submission standards. Current footprint and focus - Lilypad positions itself as a coastal‑property specialist focused on hurricane‑ and catastrophe‑exposed regions, particularly underserved coastal communities. - Through the acquisition of Centauri Specialty Insurance Company and Centauri National Insurance Company (closed September 30, 2024), Lilypad’s broader group presence includes coastal and near‑coastal states such as AL, FL, HI, LA, MS, SC, TX (and historically MA, NC, OK under Centauri). This confirms a strategic appetite for catastrophe‑exposed personal property but does not translate into explicit, state‑by‑state underwriting rules. Products (personal lines) - Homeowners (HO3): Standard homeowners form marketed as covering dwelling, personal property, liability, and loss of use, with flexibility to customize via endorsements. - Dwelling Fire: Marketed for properties rented to others, indicating an appetite for non‑owner‑occupied residential risks in coastal markets. Preferred or target business (inferred from marketing, not a formal appetite grid) - Owner‑occupied homeowners and small residential investment properties in coastal or hurricane‑exposed areas that are otherwise insurable in the admitted market. - Homes that have recent renovations or updates to roof, HVAC, electrical and plumbing are highlighted as desirable; Lilypad explicitly advertises discounts (up to 10%) for such updates, implying a preference for well‑maintained, updated structures. - Business written through appointed independent agents; site directs consumers to “Find an agent,” confirming Lilypad is not a direct‑to‑consumer writer. Restricted or declined classes (not explicitly published) - No official list of prohibited or restricted risks is publicly available. There is no carrier‑issued document online specifying age‑of‑home limits, roof‑age caps, distance‑to‑coast thresholds, protection‑class limits, flood‑zone restrictions, prior‑loss constraints, or minimum Coverage A requirements. - Given Lilypad’s focus on hurricane‑exposed zones and its acquisition of Centauri (a catastrophe‑oriented carrier historically using traditional coastal underwriting controls), it is reasonable to expect typical coastal restrictions (roof and construction standards, wind‑mitigation requirements, stricter guidelines in very near‑shore or high‑storm‑surge areas), but those rules must be confirmed from internal manuals, agency bulletins, or state filings—none are posted on the public website as of this refresh. Geographic notes - Corporate marketing emphasizes “coastal communities” and “hurricane‑prone coastal markets.” Combined with the Centauri acquisition, this indicates concentration in Gulf and Atlantic coastal states rather than nationwide homeowners distribution. - Public pages do not list active states of Lilypad‑branded products nor provide territorial eligibility maps for new business. State availability, distance‑to‑shore rules, and county‑level restrictions must be verified in internal tools or with state‑specific rate/rule filings. Submission and producer instructions - The public site routes prospects to independent agents through a “Find an agent” pathway; there is no agent portal link, producer manual, upload guide, or appetite flyer exposed without credentials. - No published guidance on submission requirements (e.g., required photos/inspections, replacement‑cost estimators, prior‑carrier history, inspection vendors, or minimum premium) is available on the open site. - No public instructions regarding binding authority (e.g., pre‑bind underwriting review, hurricane binding moratorium rules, or maximum TIV per risk) are posted. Operational takeaways for brokers (based on what is and is not published) - Treat Lilypad as a coastal‑property specialist leveraging former Centauri infrastructure, but do not rely on any specific public underwriting rule—those must come from your agency contract documents, appetite guides distributed privately, or the portal. - Expect appetite for standard and slightly non‑standard coastal homeowners and dwelling‑fire risks that meet typical construction, maintenance, and loss‑history standards, with stronger favorability toward properties with newer roofs and system updates. - Because there is no public appetite grid or binding‑authority bulletin, assume standard coastal binding practices (wind moratoria, pre‑bind underwriting conditions) and confirm each in writing with Lilypad’s underwriting team or through the agency portal before binding or promising terms. Overall, as of this refresh, Lilypad’s official website supports that it writes homeowners and dwelling‑fire coverage for coastal, hurricane‑exposed risks but does not provide publicly accessible, detailed underwriting or producer‑submission guidelines. All operational underwriting details must therefore be obtained from internal carrier resources, filed manuals, or your appointed‑agent documentation rather than the public web pages.