The policies Verifly arranges are all “Admitted” policies. Admitted policies are backed by carriers who are state regulated and may access the state guaranty fund which protects policyholders from insolvent insurers. “Surplus Lines” policies are designed to be used on risks which cannot be covered in the Admitted market, they often require additional fees and taxes, are not accepted by many businesses and municipalities, and are not protected under the state guaranty fund.

Verifly works only with A-rated insurers admitted to do business across the country. Markel Insurance Company is rated A-Excellent by A.M. Best.