Union Life & Casualty Insurance Agency
Comprehensive insurance solutions for pawn brokers, including full theft coverage and multiple valuation methods.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Acquisition | |
| Total Funding | 000k | ||
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PawnInsurance.com, operated by Union Life Casualty Insurance Agency (ULC), specializes in providing comprehensive insurance solutions tailored for the pawn and related industries. With over 25 years of experience in this niche market, ULC offers a range of coverage options including full theft coverage with no hidden sub-limits on jewelry, special coverage for both pawned and owned inventory, and various valuation methods such as market value and multiples of property values. The company also provides Umbrella and Excess Liability Coverage and Compensation Coverage.
ULC has been a trusted name in the insurance business since 1965 and is a proud member of numerous state-level associations and the National Pawnbrokers Association (NPA) for over two decades. The company serves pawn brokers and businesses dealing in used property, ensuring they have the necessary protection to operate securely.
ULC's business model revolves around offering specialized insurance products that cater to the unique needs of the pawn industry. The company generates revenue through the sale of these insurance policies, providing peace of mind to its clients by covering potential risks and losses.
Keywords: pawn brokers, insurance, theft coverage, valuation methods, inventory coverage, liability coverage, compensation, used property, niche market, ULC.