I received the renewal for my Good Sam Continuing Service Plan or whatever CSP stands for. They made of point of telling me to please fill out the D-1 form and send it in.
I read it and fired them. In California, a Non-Admitted Carrier (NAC) means they can do anything they want and the state of California cannot touch them. I understand why companies do it, they save money and paperwork. BUT if CSP WERE an admitted carrier, they would have to comply with the laws in Calif. and if they went broke, the insurance pool would pick up 80% of the policy... or, more to the point, they would pick up 80% (at least) of a repair. Or so I was told by the Dept of Insurance.
By being an NAC, they could pull their coverage from the state and I might have to go to the state they are domiciled in to get a claim paid.
Some of you won't care about that, some of you will. I am willing to pay a little more to get an Admitted Carrier.
Knowing the histories of claims and other problems with many of these companies, is there any company in the US that is an "admitted" carrier
Bob & Betsy - USN Ret'd '78 & FL LEO Ret'd '03 FMCA #F203528 '05 HR Endeavor, 40PRQ w/400 Cummins - With -'05 GMC Sierra SLT, CC Z-71, the pusher '07 Arctic Cat 500A & Wilderness Kayak, riding in the pusher - Our Current Location
The Texan wrote: Knowing the histories of claims and other problems with many of these companies, is there any company in the US that is an "admitted" carrier
Offline
