Admitted vs Non Admitted Insurance Carriers What's the Difference?

Описание к видео Admitted vs Non Admitted Insurance Carriers What's the Difference?

https://robfreeman.com/admitted-non-a... - What is the difference between admitted and non admitted insurance carriers? And I get this question a lot because I work with admitted and non admitted insurance carriers.

Especially when I'm working with a solar or other green energy company, that's doing something out of the ordinary... For example a new type of solar technology or they're working on a project in a location that's maybe too difficult to write insurance for a geographic location, where there maybe is a lot of storms.

Puerto Rico is a place where insurance is very difficult to write for solar projects and other things like that. And so this question of admitted versus non-admitted insurance often comes up and people want to know what's the difference.

Often it's because you're placing them with a non admitted insurance carrier and they see that term "non-admitted" and they think, "Hmm, is that bad in some way?"

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