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A Purchasing Group is an entity that has as one of its purposes the purchasing of liability insurance on a group basis for its members to cover their similar or related exposures. A purchasing group is comprised of members whose businesses or activities have similar or related liability exposures because of common business, trade, product, services, premises or operations. A purchasing group is subject to limited regulatory authority by the Virginia Bureau of Insurance. Although they must be 'recognized' if they are doing business in Virginia, they do not actually receive an insurance license in Virginia. If you are a resident of Virginia and have purchased coverage through a purchasing group domiciled in another state, you may or may not have coverage under the Virginia Property and Casualty Insurance Guaranty Association in the event of an insolvency. If your purchasing group purchased coverage from an insurer licensed in Virginia, you will have coverage. However, if your purchasing group purchased coverage from an unlicensed insurer, such as a surplus lines insurer or from a risk retention group, you will not have coverage under the Virginia Property and Casualty Insurance Guaranty Association if the unlicensed insurer or the risk retention group becomes insolvent. Please refer to Question 14 under Frequently Asked Questions (FAQs) for additional information.

Please be aware that although a company is authorized, it may not necessarily write your business. If you are having problems with availability, it is suggested that you contact your local agent or the Bureau at Bureau of Insurance or (804) 371-9741.

Some companies have provided us with a link to that company's website. The fact that a link is provided should not be considered an endorsement by the Bureau of the company, its products, the views expressed or the facts presented on that company's website.


  Available Companies for Lookup Type. You can click the Company Link(s) Below for Address Information: