Maxum Casualty Car Insurance Review 
This Maxum Casualty Car Insurance Review  review will cover Maxum Casualty Car Insurance Review  ratings by real users for overall satisfaction and claims, cost, billing, and service satisfaction. To compare insurance rates from the best companies in your locale, enter your ZIP code below.
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UPDATED: Jan 29, 2021
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- Maxum Casualty provides insurance mainly to high-risk companies
- Since Maxum Casualty is a non-admitted insurance company, don’t expect any reimbursement if this company goes bankrupt
- Maxum Casualty Insurance Company does not offer auto insurance
This car insurance review is about Maxum Specialty Insurance Group.
Maxum Casualty is a non-admitted insurance company. A non-admitted insurance company is an insurance company that isn’t bound by the laws and/or regulations that a state has.
If the company goes out of business, for example, then you aren’t entitled to any reimbursement from the company or the state.
That is why it is important to be aware of the financial ratings for a non-admitted insurance company so you can be sure that they don’t go bankrupt.
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What Maxum Casualty Offers
The reason that Maxum is a non-admitted insurance company is that this allows them to provide affordable insurance options for high-risk companies.
Because they aren’t bound by the same laws, they can set limitations on the coverage, making it possible for a business to have the necessary insurance their state requires without having to spend a fortune.
Maxum Casualty has an A.M. Best financial rating of A- and a long-term outlook projected to remain the same. Their outlook is stable.
What this means for you is that you can feel comfortable buying insurance products from this company because they aren’t about to go under.
With that being said, Maxum Casualty doesn’t sell auto insurance of any kind. This means that you aren’t going to be able to consider them for your auto insurance needs. You will need to investigate other car insurance companies.
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