Do You Use B+ Companies?

[Cornelius]

What face amounts are you talking about?

 

[Josh]

What face amounts are you talking about?

I'm pretty sure it's a P&C company he's talking about.

I use Presidential every now and again and I think they just got bumped to a B++. They're a great company with ZERO debt as of a little while ago.

 

[Nickie_heath]

If you are worried about the customer and they are curious then give them the choice. State the coverages, the premiums and the ratings of the companies. This especially works in commercial lines because business owners usually have a little better grasp on how insurance is handled.

 

[tyjones]

The bigger question is are they admitted or not? If they are admitted they should be covered by a state fund if something happens. I have a work comp that's b+ but their reinsurer is a rated. Sometimes company keep from becoming a rated for a reason.
J