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General

Non-Admitted Carrier (Surplus Lines)

A non-admitted carrier operates outside standard state licensing and is used to place risks the standard market will not write. It is generally not protected by the state guaranty fund and typically charges higher premiums.

Not licensed by the state directly. Used to place risks the standard market will not write. Generally not protected by the state guaranty fund. Example: a 1958 home with a 22-year-old roof, prior claim history, and no replacement-cost upgrades may only be insurable through a surplus-lines carrier. Premium often runs 30 to 60 percent higher than admitted.