TexasCHLforum.com

doc540 wrote:

sjfcontrol wrote:Would you consider posting the results of that analysis?

no problem

but with a disclaimer

MoJo wrote:Doc, my associate's brother is an insurance agent. She thought she could get a better deal through him - - - NOT! The best price he was able to come up with was $2,500 annually and less coverage. The NRA insurance is a great bargain.

Hi Steven: I asked the Underwriter from JOSEPH CHIARELLO & CO., INC.
your question regarding being NSSF endorsed vs NRA. Her response was,
as follows:

"The most significant difference is that the carrier we write with,
Granite State, is admitted in all states and the carrier writing the NRA
program is non-admitted."

In explanation:
Admitted
Insurance companies that are admitted are to follow guidelines that are
set by the department of insurance (DOI) of the state they conduct
business in. The admitted insurance company's rates as well as their
practices, advertisements and cash reserves are regulated by the DOI and
are prohibited from deviating or modifying any business decisions
without their approval. Also, admitted companies are part of their
states insurance guaranty program, which will pay the claims of clients
belonging to an admitted company that becomes insolvent. Read more:
Admitted vs. Non-admitted Insurance Company | eHow.com
http://www.ehow.com/about_5426527_admit ... rance-comp" onclick="window.open(this.href);return false;
any.html#ixzz0z8aCyMrc

Non-Admitted
Insurance companies that choose to be a non-admitted business are not
required to follow state regulations. They would have to prove to be
financially able to conduct business. They would not have to report
their rates to the DOI and can charge according to their risk exposure.
This allows insurance companies to take on higher risk applicants who
have greater loss potential. Insurance companies that cover flood,
earthquake, liability and other special risks are mostly non-admitted
entities. Read more: Admitted vs. Non-admitted Insurance Company |
eHow.com
http://www.ehow.com/about_5426527_admit ... rance-comp" onclick="window.open(this.href);return false;
any.html#ixzz0z8aLGi8C

doc540 wrote:

sjfcontrol wrote:Would you consider posting the results of that analysis?

no problem

but with a disclaimer