Which of the following accurately describes a characteristic of surplus lines coverage?

Surplus lines coverage indeed provides broader coverage options for non-standard risks, which is a fundamental characteristic of this type of insurance. Surplus lines are specifically designed to address unique or atypical exposures that admitted insurers may not be willing to cover due to their high risk or complexity. This flexibility allows insured parties to obtain specialized insurance that meets their specific needs, which is critical in industries or situations where standard policies fall short.

The nature of surplus lines coverage enables insurers to tailor policies to accommodate unusual risks, thereby giving businesses and individuals access to coverage that might not be available through the standard market. Consequently, this characteristic plays a crucial role in ensuring that non-standard risks have a path to obtain necessary insurance protection that otherwise might leave them uninsured.