LossPay Risk Technologies, Inc., doing business as LossPay and LossPay Insurance Agency (formerly LossPay Diminished Value Insurance, Inc.), is a licensed insurance producer and managing general agency operating in jurisdictions where authorized by law. Insurance products are underwritten by duly licensed surplus lines insurance carriers and may be arranged through appropriately licensed surplus lines brokers where required.
REGULATORY NOTICE
Insurance products placed through surplus lines insurers are not protected by state insurance guaranty funds. If a surplus lines insurer becomes insolvent, policyholders are not protected by the guaranty fund mechanisms that apply to admitted insurers.
COVERAGE AVAILABILITY
Insurance products and services described on this website are offered only in jurisdictions where permitted by law. Availability, eligibility, pricing, and coverage terms may vary by state. All policies are subject to the terms, conditions, limitations, and exclusions stated in the issued policy documents.
PRODUCT INFORMATION DISCLAIMER
Any descriptions of insurance products on this website are provided solely for general informational purposes. Such descriptions do not amend, modify, or replace the terms of any insurance policy. The actual insurance policy and endorsements issued by the insurer govern all coverage determinations.
NO ASSURANCE OF COVERAGE
Nothing on this website constitutes a guarantee that insurance coverage exists or will apply to any specific claim, loss, or circumstance. Coverage determinations depend solely on the terms of the applicable policy and the facts of each individual claim.
CORPORATE STRUCTURE
Insurance products referenced on this website may be offered through one or more affiliated distribution entities and insurance company partners working with LossPay Risk Technologies, Inc. Surplus lines insurance is placed through properly licensed surplus lines brokers in accordance with applicable state insurance laws.
STATE SPECIFIC NOTICES
Certain jurisdictions require statutory surplus lines disclosures or additional regulatory notices. Please review our State Notices page for jurisdiction specific language.
For information regarding Diminished Value Protection coverage options available in your state, please contact a licensed insurance representative.
Coverage availability and terms vary by state. Insurance products are subject to underwriting approval, policy terms, exclusions, and carrier availability. LossPay is not collision insurance, comprehensive insurance, liability insurance, GAP insurance, a vehicle service contract, or a vehicle warranty. No representation is made that every claim will qualify for payment.