UPC Insurance

I had a quote from them. Pretty sure they are non-admitted. Wound up going with Chubb. My deductible is high though but I have a lot of coverage.

ok... now i have it. UPC just bought family security.

LINK

so here is the deal. they look like they have a very decent rating but they are aggressively collecting cat exposed properties throughout the coast trying to make a lot of money.

As admitted paper you have the protection of the LA guarantee fund. That fund is flush with cash. Just make 100% sure they are not writing on non some non admitted paper they own but the letterhead shows the parent company. Unlikely but double check the issuing carrier.

So feel free to use them. I would say this however, these companies will pull out of the market on a whim if/after they make what they are trying to make or they take a few losses. So if you have a company with a longer history in the state, i would certainly give them consideration as well if the dollars are close.

but the biggest answer you needed was that they ARE admitted paper and ARE participants in the guarantee fund based on the information you provided

I just got an HO policy with them. Yes they may pull out in five years but I didn't really have a choice as my old insurer raised my rates by almost $2000 a year, and everyone else was much higher. Martin Insurance Agency in NOLA can quote you.