PGI America
InsurancePersonal 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.
- Pricing
- Custom pricing, 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
- 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
- Roadmap Stages
- 7. Diligence & Financing
Pros
- 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
- 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
What Searchers Say
Personal guarantee insurance is new to the US market and coverage of it is young; treat the category as promising and unproven in equal measure, and evaluate the specific carrier and policy language rather than the concept.