• Home
  • Get A Quote
  • Refer a Friend
  • About Us
  • Location Map
  • Employee Directory
  • Privacy Policy
  • Contact Us
Call Us Call Us Now | (251) 504-3951
Coastal Alabama Insurance and Financial Services
Client Login Payment Referral Resources
  • Home
  • Get A Quote
    • Automobile
    • Business & CommercialImage of right arrow
      • Workers Compensation Quote
      • Contractors
      • Small Business Insurance
    • Flood
    • HomeownersImage of right arrow
      • Home Quote
      • Referral Resources
    • Life
    • Watercraft & BoatImage of right arrow
      • Watercraft Insurance Quote
      • Marine Quote
      • Broker - Boat Application
  • Blog
  • Make a Payment
  • Resources
    • Secure File Area
    • Refer a Friend
    • Insurance Glossary
  • About Us
    • About Coastal Alabama Insurance & Financial Services
    • Location Map
    • Employee Directory
    • Customer Testimonials
    • Privacy Policy
  • Contact
    • Contact Us
Auto Insurance In Gulf Shores AUTO & HOME

Serving the primary needs of Orange Beach and Gulf Shores Insurance needs.

Read More
Business Insurance In Gulf Shores BUSINESS

We specialize in workers comp and liability to protect your business and employees.

Read More
Condo Insurance In Gulf Shores CONDO

We insure all condos in Gulf Shores and Orange Beach through our list of carriers.

Read More
Flood Insurance In Gulf Shores FLOOD

We write through a host of carriers to find great insurance rates in Orange Beach and Gulf Shores.

Read More
Marine Insurance In Gulf Shores MARINE

We have access to nationwide insurance carriers to insure everything from skiffs to yachts in the beautiful waters in Gulf Shores and Orange Beach.

Read More
Life Insurance In Gulf Shores LIFE

Let us help you understand the value of life insurance while we find the best rate in the area to save you money and give you peace of mind.

Read More
Home > Blog > Responsible Agents Understand Financials of Carriers
THURSDAY, JANUARY 12, 2023

Responsible Agents Understand Financials of Carriers

Here at Coastal AL Ins, we have strived since our inception nearly seven long years ago to do the right thing for our clients, friends, neighbors, and community. What does the "right thing" mean? It means we answer the phones promptly, return emails, create a position solely for claims assistance, forward phones on nights and weekends and early mornings, invest in our community, and lastly, make sure that our carriers are financially sound. This short blog is about the last part, and our responsibility to our clients.

For YEARS, Frontline Insurance has bought the market. What does "bought the market" mean? It means they were offering coverage WAY below what other carriers were writing. I reviewed their financials periodically, and decided that something wasn't right. We would lose potential clients, and existing clients, to Frontline, due to price. It was a difficult yet persistent conversation I had with agents, clients, and potential clients alike. Despite the loss of business, our agency would not represent Frontline.

However, on Jan 1, 2023, Frontline lost their A Rating by Demotech and now has a BBB+ Rating with KBRA, another financial rating institution. However, mortgages backed by Freddie Mac will no longer be able to be secured via Frontline Insurance, and their insurance will either be voluntarily placed elsewhere by the homeowner, or force-placed by the mortgage company. The financial downgrade should frighten any customer of Frontline. It's truly a historic moment, and one that was frankly long overdue to anybody who had been paying attention to the reports and financials of this company.

If you have any questions, please do not hesitate to contact our office or agents about the multitude of solutions we have. 

Sincerely,

Reginald C Pulliam

Principal Agent

Coastal Alabama Insurance

Posted 11:00 AM

Tags: frontline insurance, frontline home insurance, frontline homeowners insurance, frontline home insurance rating, frontline insurance review, frontline homeowners review, frontline homeowners insurance rating, frontline, kbra rating, frontline insurance alabama, frontline insurance gulf shores, frontline insurance orange beach, frontline insurance fort morgan
Share |


No Comments


Post a Comment
Required
Required (Not Displayed)
Required


All comments are moderated and stripped of HTML.

NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2023
  • 2022
  • 2019
  • 2018
  • 2017

  • #barefootagent(3)
  • gulf shores insurance(3)
  • coastal alabama insurance(2)
  • orange beach insurance(2)
  • #beardedagents(2)
  • frontline homeowners review(1)
  • condo insurance(1)
  • frontline insurance review(1)
  • frontline homeowners insurance rating(1)
  • coastal insurance(1)
  • diminshed value(1)
  • kbra rating(1)
  • jacob johnson(1)
  • frontline insurance orange beach(1)
  • cheap workers comp insurance(1)
  • brokers are better than captive(1)
  • frontline home insurance rating(1)
  • aiua is awful(1)
  • frontline homeowners insurance(1)
  • coastal alabama insurance is awesome(1)
  • coastal alabama insurance agent(1)
  • gulf shores auto insurance(1)
  • frontline insurance alabama(1)
  • orange beach auto insurance(1)
  • let us save you money(1)
  • spinnaker(1)
  • workers comp gulf shores(1)
  • frontline insurance gulf shores(1)
  • workers comp orange beach(1)
  • frontline insurance fort morgan(1)
  • insurance gulf shores(1)
  • liability insurance(1)
  • barefoot agent(1)
  • frontline insurance(1)
  • frontline home insurance(1)
  • frontline(1)

View Mobile Version
Facebook
LinkedIn
Google+
Yelp
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Twitter Logo
Tweets by @iiiorg

Resources

Home About Us Get a Quote Community Involvement Blog Contact Us

Contact Us

  • Our Location

  • 3639 Gulf Shores Pkwy STE 2
  • Gulf Shores, AL 36542
  • O: 251-504-3951
  • Email Us
  • Mailing Address

  • PO BOX 1492
  • Gulf Shores, AL 36547
© Copyright. All rights reserved.
Powered by Insurance Website Builder