Any type of coverage that cannot be placed with an insurer admitted to do business in a certain jurisdiction. Risks placed in E&S lines markets are often substandard as respects adverse loss experience, unusual, or unable to be placed in conventional markets due to a shortage of capacity, and excessive risk.
- Example: A motorcycle racing event, open to the public would be an excessive risk for the spectators. This type of insurance is not typical, and is considered an E&S line of insurance.