Sold Exclusively by Independent Insurance Agents
1,000+
5X
50
"Premium Lock has been a game changer for our agency."
"Premium Lock gives us a nice retention boost."
Tracy Cates
Arkansas Federal Credit Union
"We see real time savings when we don't need to re-shop Premium Lock clients."
Danny Betcher
Pack Insurance
"Premium Lock allows us to bring predictability to our clients over their next three renewals."
Ryan Bachman
Village Insurance
"We get helpful commissions from Premium Lock rewards."
Luther Watts
Johnston Agency Inc.
Frequently Asked Questions
What is Premium Lock™ Guarantee?
We predict how carriers will change their prices in the future and guarantee the accuracy of our predictions. If premiums rise above our forecast, we pay the homeowner the difference. We don’t interact with the homeowner’s insurance carrier.
When do payouts happen?
We reimburse homeowners for any premiums that exceed the Payout Threshold. This threshold varies by address and represents our forecast of that property’s insurance premiums over the next three years.
What happens if my client switches carriers or files a claim?
Homeowners can take Premium Lock from carrier to carrier as long as the policy remains on admitted lines and the coverage form is not upgraded. Premium Lock will still pay if premiums exceed the Payout Threshold due to claims, carrier rate increases, or coverage increases required by the carrier. The Payout Threshold will reset if the homeowner intentionally increases premiums, such as lowering deductibles or upgrading coverage (for example ACV → Replacement Cost or adding major endorsements).
How do I get paid as an agent?
Agents set their own commissions, which are added to the homeowner’s Premium Lock fee. The fee can be paid monthly or annually. Agents also earn personal rewards, which can be redeemed for cash.
When does a homeowner receive a payout?
Payouts are triggered by insurance Declarations pages, which serve as our source of truth and are uploaded annually by the agent. If premiums exceed the Payout Threshold, we notify the homeowner by email and pay them via ACH.
Who is eligible for Premium Lock™ Guarantee?
Premium Lock is available in all 50 U.S. states and works with admitted-lines homeowners policies, including HO and DP forms. Premium Lock is not eligible for Excess & Surplus lines, state insurers of last resort, auto, renters, or flood policies.
What are my responsibilities as the agent?
Agents are responsible for selling Premium Lock and uploading Declarations pages annually. Quoting takes about 30 seconds, and Premium Lock can be offered to new homeowner clients, mid-term, or during annual policy reviews.
How does Eventual make money?
Eventual charges homeowners a recurring fee, which can be paid monthly or annually.
Featured Topics
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Eventual Raises $7.5m To Fix Real Estate Insurance Chaos
Today, Eventual announces $7.5m in funding and the launch of Premium Lock™ Guarantee—the first and only product offering long-term insurance predictability for American real estate owners.
Announcing our Partnership with Canopy Connect
Premium Lock™ Guarantee can now be quoted in seconds using verified, pre-filled insurance data from from Canopy Connect, unlocking easy access for 20,000+ insurance agents.
Why is Insurance Getting So Expensive?
As we've outlined in prior publications, insurance premiums grew 10% annually from 2019-2024, outpacing home value appreciation (9% annually) and the consumer price index (4% annually) over the same period.
