Are there any disadvantages to purchasing insurance from a non-admitted carrier?

November 1, 2018 - rentrescue@admin

One drawback is if the insurance company isn’t well capitalized and becomes insolvent then the State’s guaranty fund won’t pay any outstanding claims. Thankfully, Rent Rescue has partnered with one of the largest insurance companies and reinsurers in the world rated A by A.M. Best and A+ by Standard & Poor’s.

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