Tag: non-admitted

28
Aug

Admitted vs. Non-Admitted Insurance Companies

Admitted vs. Non-Admitted Insurance   In short, an admitted insurance company, often called a "standard/preferred company" has been approved by a state’s insurance department, whereas a non-admitted insurance company, often called a "non-standard company or" or "excess and surplus line company" is not backed/regulated by the state.   What are admitted and non-admitted insurance carriers?   An admitted insurance company is backed and
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