Homeowners Insurance

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This company is not admitted but is AM Best/A excellent financials

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They're all in great condition until they're not. Do you want to be left with a destroyed home and a Louisiana Department of Insurance that tells you, "We're sorry for your recent property loss, but the insurer you paid premiums to was not bound by the Guarantee Association so unfortunately we will not be stepping in to pay your claim after the insurer went insolvent".

I switched to swyfft from Safeco this year, similar savings. I’m aware there is a small risk but insurance is risk regardless. I’ve never been made whole on a claim anyway by State Farm or farmers or Safeco or anyone.

If they wind up being a pain in the arse I’ll switch again

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Sagesure

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I’ve been paying Sagesure $3-4k a year for several years. Am I not as covered as I think I am since they are not admitted?

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What does Not Admitted imply ?

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From the Hartford website.......
Non-Admitted Insurance Carriers
Non-admitted carriers do business through wholesale brokers in states where they do not have insurance licenses. This means they aren’t required to follow the same state regulations as admitted carriers. It also means that if the insurance company fails, the state would not step in to make payments on claims. However, non-admitted insurance carriers are regulated by the state surplus lines office.

Admitted vs Non-Admitted Insurance: Which Is Better?
Both admitted and non-admitted insurance companies have benefits. The types of insurance coverage you need and the risks you face can determine which is right for you.

Remember, admitted insurance companies are required to follow state regulations. If they fail, the state will step in and pay claims. Generally, they offer standard market coverages for small businesses. Non-admitted insurance companies aren’t required to follow state regulations which can make their coverage options more flexible.

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think your going

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"you're"

If this is the agent's writing, I'd run.

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If insured with Lloyd’s of London, they are also surplus lines and they insure their plenty for homes here.

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correct

Check with your broker every other year. they increase every year man.
Bundle is good.

Sagesure has been over covering myself for the last year. They just increased my premium by $1,500 since last year. I am switching to Progressive for my HO and already have it for Auto.

Just bought a house, went with Swyft they were the cheapest for coverages provided. A few weeks later they dropped me without clear reasoning. I spoke with several agents after this and they seem to think Swyft is just mass writing policies to overinflate their books and alot of reputable agents aren't wanting to deal with them because their commissions are charged back. They haven't been around long either. Premium differences were similar to what you listed.