BRIC Personal Guarantee Insurance
InsurancePersonal guarantee insurance from Braddock Road Insurance Corp.: covers 50% of the personal-guarantee liability if the guarantee is called after a business failure, described as backed by an A-minus-rated carrier, for loans in the size range SBA acquisitions occupy.
- Pricing
- Custom pricing, Premiums quoted per policy; industry coverage describes annual premiums commonly in the low single-digit percent of the insured amount (roundups, July 2026).
- Best For
- Guarantee-signing buyers who want the stated-carrier-rating version of the product and are comparing at least two PGI quotes
- Roadmap Stages
- 7. Diligence & Financing
Pros
- States its carrier backing and rating plainly, which matters most in a young category
- The 50% coverage structure is simple to reason about
- Purpose-built for exactly the SBA guarantee exposure searchers carry
Cons
- Half the guarantee remains yours by design
- Policy conditions and default definitions decide the real value; read them with counsel
- Young category, short claims history
What Searchers Say
One of the visible early entrants as personal guarantee insurance arrives in the US. The sensible buyer posture: quote it against PGI America, compare policy language rather than headlines, and treat carrier quality as the product.