USING A NON-ADMITTED INSURANCE COMPANY IN CALIFORNIA
In the past certain agent, brokers and companies used a non-admitted insurance carrier or com-
pany for Laundromat owners who did not keep their Laundromats fully attended. In response to
questions from clients about these policies the following has been prepared. A reason you might
use a non-admitted insurance company in California is if the coverage needed is not available
from an admitted company. There are many admitted companies selling Laundromat insurance
in the State of California. Non-admitted carrier should not be your first choice in selecting your
Laundromat insurance company. One notable point you should carefully consider is that many
California leases may not allow the use of a non-admitted insurance company to fulfill their
terms. It would be prudent for you to read your lease provisions to ensure that you are not violat-
ing any of the terms of your lease by looking in the insurance requirements section. If you decide
to use any non-admitted insurance company, purchased from any broker or agent, you should probably notify your Landlord and receive written permission for this choice. Your Landlord may require you to produce records showing you have been declined by three admitted insurance companies before they will allow any lease modification.
NON-ADMITTED (OR SURPLUS LINES) INSURANCE COMPANIES
The risk is when you have a loss and the application you signed requires your Laundromat to be fully attended. You expose yourself to legal action from your insurance carrier and possibly your Landlord. You need to check your risks before you buy from any sales person and make your own decision on what is best for you.
NON-ADMITTED INSURANCE IN CALIFORNIA
STOP PAYING TOO MUCH FOR YOUR LAUNDROMAT & COIN LAUNDRY INSURANCE