What is the difference between a California admitted carrier and a non-admitted carrier?

From an insured’s point of view, an “admitted” carrier means that if you think the company has treated you unfairly, or cancelled your policy unjustly, you can submit a complaint to your state insurance department and have them review it, and possibly remedy the problem. It also means the insurance company’s rates are determined by the state and cannot be negotiated. Non-admitted carriers have more flexibility with both policy terms and pricing, so there are coverages that you can get through a non-admitted company that you can’t find through an admitted company. Lloyd’s of London, the first organized insurance company is a non-admitted carrier.

When you are speaking to your contractors insurance agent, be sure to ask if they are an admitted carrier or a non admitted carrier. The answer they give you could end up saving you a bundle!