Have you been informated that your insurance coverage is only offered on a non-admitted basis?
The initial reaction may be that a policy that is non-admitted is inferior to an admitted policy. This is not true, and as with all insurance, the policy should be judged on the actual policy wording, competitiveness of terms, as well as, the financial strength of the insurance carrier.
In addition, most states require insured’s that are placed with a non-admitted carrier to sign a form acknowledging that they are purchasing coverage on a non-admitted basis. These forms can be intimidating and add to the concern and confusion. The questions in our guide to admitted vs non-admitted insurance are intended to clarify the difference and help you better understand your policy.
Complete the form to the right to learn more.