Why don't highly rated companies pay higher fixed rates?

[scagnt83]

If it has -10% buffer, it means the client gets credited 0 when losses 0-10%, but client takes all losses over -10%

Thats not complicated at all is it? lol

I get how the carrier can use that effectively to hedge.... but seems ripe for abusive sales tactics. Just look at how it was phrased in this thread.

 

[genefl]

Look at North American sister company of Midland just different distribution.