Your business plan accounts for the market. This accounts for the government.
Protection for cross-border assets and investments
Political Risk insurance protects businesses and investors against financial losses caused by political events in the countries where they operate or invest — actions and instability that ordinary commercial policies do not address.
For companies with overseas facilities, equipment, contracts, or capital, a single government action or period of unrest can erase years of investment. This coverage is designed for that exposure.
What Political Risk Covers
Political Risk programs can respond to:
Expropriation & Nationalization — seizure, confiscation, or forced divestiture of assets by a host government.
Currency Inconvertibility — inability to convert local currency or transfer funds out of a country.
Political Violence — damage or loss from war, civil unrest, terrorism, or insurrection.
Contract Frustration & Government Interference — non-payment or breach by a government counterparty, or arbitrary regulatory action.
Who Needs Political Risk
Political Risk coverage is relevant for:
Companies with foreign facilities, equipment, or inventory
Exporters and importers with cross-border contracts
Investors and lenders with international exposure
Contractors and energy, mining, or infrastructure operators abroad
A Specialty, Underwriter-Driven Line
Political Risk is placed in specialty and surplus-lines markets, and terms are highly bespoke — priced to the specific country, industry, and structure of your exposure. We help you scope the risk and access the underwriters who write it.
Our Approach
At Cory Washington & Co., Political Risk coverage is never a checkbox. We evaluate how your business actually operates, review your contracts and exposures, and structure coverage to perform in the real world — not just to satisfy a minimum. Licensed in all 50 states, we place Political Risk coverage through admitted carriers and specialty markets that compete for your account, then explain the trade-offs in plain English so you can decide with confidence.
Related coverage: Ocean Marine (Hull & Cargo) · Cargo · Kidnap, Ransom & Extortion.
All insurance descriptions on this website are provided by Cory Washington & Co. LLC strictly for general informational purposes. They are not intended to be, and should not be relied upon as, legal, financial, or insurance advice. The information presented is general in nature and does not guarantee the availability, terms, conditions, or scope of any insurance coverage. Actual coverage is determined solely by the specific policy language issued by the insurer and remains subject to underwriting approval. Nothing on this website creates or implies an agent-client relationship, binds coverage, or alters any existing policy. Cory Washington & Co. LLC expressly disclaims any liability for actions taken, or not taken, based on the content provided here. For advice regarding your particular situation, please consult directly with a licensed insurance professional at Cory Washington & Co. LLC or another qualified insurance professional, and always review your policy documents in full.
Frequently Asked Questions
How do I get political risk insurance through Cory Washington & Co.?
Request a quote or contact our team. We start with a short conversation about your operations, analyze your exposures, then negotiate political risk insurance across multiple carriers that compete for your account and present options with the trade-offs explained. Cory Washington & Co. LLC is licensed in all 50 states.
How are political risk insurance premiums priced?
There is no flat rate. The cost of political risk insurance reflects your industry, your size (payroll and revenue), your claims history, and the limits and deductibles you choose. We market your account to multiple carriers, compare the real quotes side by side, and explain what is driving each number so you can weigh coverage against price with confidence.
Is political risk insurance mandatory?
Requirements vary. Political risk insurance may be mandated by statute, or required under your contracts, leases, or loan agreements — and in many cases it is simply prudent given the risks involved. We look at your specific obligations and exposures, then recommend the coverage and limits that fit.
What if another agency has already declined or non-renewed my coverage?
Difficult, specialty, and previously-declined placements are a core part of our work. We access excess & surplus (E&S) and specialty markets that many generalist agencies cannot, and we explain the trade-offs clearly so you can decide with confidence.
Available in all 50 states. See how requirements differ in California, Texas, Florida, New York, or choose your state.