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What is a Gap Insurer?

April 26, 2017gap insurer

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What is a Gap Insurer?

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A. A Gap Insurer is a nonadmitted insurer that is not on the LESLI List, but can be used for placements of California surplus line risks on a limited basis if certain conditions are met. Refer to CIC Section 1765.1(k) for Gap placement conditions and requirements.