BRIC Personal Guarantee Insurance vs PGI America

Side by Side

Attribute	BRIC Personal Guarantee Insurance	PGI America
What It Is	Personal 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.	Personal guarantee insurance for US borrowers: covers a portion of the owner's personal liability (the site cites up to 80%) if the business defaults and the lender pursues the guarantee, with underwriting live on SBA 7(a), 504, and conventional acquisition loans.
Category	Insurance	Insurance
Pricing Model	Custom Pricing	Custom Pricing
What It Costs	Premiums quoted per policy; industry coverage describes annual premiums commonly in the low single-digit percent of the insured amount (roundups, July 2026).	Premiums are quoted per policy; industry coverage describes annual premiums commonly in the low single-digit percent of the insured amount (roundups, July 2026). Confirm coverage percentage, exclusions, and carrier directly.
Best For	Guarantee-signing buyers who want the stated-carrier-rating version of the product and are comparing at least two PGI quotes	Buyers signing an SBA personal guarantee who want to insure part of the scariest clause in the deal, especially where the guarantee reaches the house
Where It Fits	Diligence & Close the Deal	Diligence & Close the Deal
Our Verdict	The competing quote that makes the PGI decision an informed one; two policies read side by side will teach you what this young category actually covers.	Get a quote alongside your loan terms and let your attorney read the policy; insuring half the guarantee for a low single-digit premium is a trade many buyers would take if they knew it existed.
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	Addresses the single largest personal risk in SBA-financed acquisitions Underwrites the loan types searchers actually use A young product category, but this is exactly the buyer it exists for
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	Coverage is partial and conditional: read the default definitions and exclusions with counsel Premiums add a real recurring cost to a leveraged deal's budget A new category with a short claims history; carrier quality and terms are the diligence

Our take

Choose BRIC for the plainly stated carrier story: an A-minus-rated carrier behind a simple half-the-guarantee structure that is easy to reason about. In a category this young, read the default definitions with counsel either way.

Choose PGI America to push coverage depth: it cites up to 80% of the guarantee and underwrites the 7(a), 504, and conventional loans searchers actually sign. Premiums are quoted per policy at both shops, so collect both quotes.