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redditr/LandlordposthomeownerScore: 0
Surplus or non-admitted means its not backed by the state if the insurance company goes broke. Ideally you would want a policy guaranteed by the state, but given your situation thats not realistic. So what you want to look for is the company's am best rating. You want an A X carrier minimum. A denotes the carrier's strength as far as stress tests goes, in terms of having proper reinsurance and things like that. and the X (roman numerals) denotes the amount of assets that they have in reserve for catastrophes. Lloyd's of London is a common underwriter of surplus lines policies. They're the people that will insure things like an athletes arms or a models legs. What area are you in? I'd recommend approaching an independent agent near the location, there's a much better chance they'll have an admitted carrier that likes to write there. And overall should be more knowledgeable about carriers appetites in that area.
Source URL
https://www.reddit.com/r/Landlord/comments/jr7wte/landlord_usca_landlord_home_insurance_policy/gbso674/
Post Date
11/10/2020, 4:08:59 AM
Scraped At
3/16/2026, 4:24:49 AM

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{
  "score": 0,
  "title": "",
  "subreddit": "Landlord",
  "num_comments": 0,
  "scrape_method": "apify_targeted"
}

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reddit — completed — 262 posts collected