Louisiana Citizens Prop Ins Corp
Carrier website links, underwriting access points, mapped product lines, and appetite notes in one place.
This appetite summary is only a guide. Confirm eligibility, submission requirements, restrictions, and binding authority directly with the carrier or underwriter before relying on it.
Carrier appetite summary
Louisiana Citizens Property Insurance Corporation (LCPIC) operates as Louisiana’s residual market mechanism through the FAIR Plan and Coastal Plan. It is explicitly an insurer of last resort: coverage is available only when an applicant, in good faith, cannot obtain the desired property coverage from an admitted private carrier, and has been declined by at least one carrier offering the desired coverage. The declination question on the application must be completed and the declining carrier’s name listed; failure to document declination may result in underwriting rejection. ([iiabl.com](https://www.iiabl.com/roux/SiteAssets/Commercial%20Property%20Rules%2011112021.pdf?utm_source=openai)) Preferred / acceptable risks (commercial guidance – generally indicative of overall appetite): - Structures and contents must meet reasonable underwriting standards including satisfactory housekeeping, maintenance, and occupancy consistent with the policy type. - Buildings are expected to be of sound construction with controlled access where appropriate; all doors and windows must be in place. - Roof, wiring, heating and plumbing must appear to be in good condition; evidence of deterioration, unsafe systems, or open construction may lead to surcharges, coverage modification, higher deductibles, or declination. - Requested limits (including any contributing insurance) must be reasonably consistent with at least 80% coinsurance requirements and Citizens’ rating rules; minimum deductibles must be met per program rules. ([iiabl.com](https://www.iiabl.com/roux/SiteAssets/Commercial%20Property%20Rules%2011112021.pdf?utm_source=openai)) Residual-market / pricing notes: - As a statutory residual market, Citizens’ plans (FAIR and Coastal) are successors to the former Louisiana Insurance Underwriting Plan and Louisiana Joint Reinsurance Plan and must maintain rates at least 10% above the voluntary market to avoid competing with private carriers. This means even eligible, well-maintained risks will typically be more expensive than private alternatives, and producers should treat Citizens as a market of last resort, not a competitive option. ([law.justia.com](https://law.justia.com/codes/louisiana/2006/6/207473.html?utm_source=openai)) Restricted / declined risks (operational themes from manuals and plan of operation): - Risks that clearly fail “reasonable underwriting standards,” including but not limited to: unsafe or significantly deteriorated structures, missing roofs or openings not secured, poor housekeeping creating fire or liability hazards, or properties under major renovation without proper protection. - Situations where the requested amount of insurance is not reasonably related to replacement cost or coinsurance requirements, or where deductibles are below Citizens’ minimum allowed for the program. - Any risk that does not meet eligibility as a residual-market applicant (e.g., evidence that comparable admitted coverage is reasonably available in the voluntary market, or no documented declination from a carrier offering the needed coverage). - Other restricted or declined categories are defined more specifically in the internal Underwriting Manual and Procedure Guide referenced in Citizens’ Plan of Operation; producers should consult the currently issued manual for line‑ and program‑specific prohibitions (e.g., certain occupancies, vacancy conditions, or protection/hazard factors). ([iiabl.com](https://www.iiabl.com/roux/SiteAssets/Commercial%20Property%20Rules%2011112021.pdf?utm_source=openai)) Geographic notes: - Citizens operates two plans statewide: the FAIR Plan (generally non‑coastal property) and the Coastal Plan (properties in designated coastal parishes or territories). Together they provide the residual market mechanism for residential and commercial properties throughout Louisiana, filling gaps where the voluntary market will not write or renew business. ([law.justia.com](https://law.justia.com/codes/louisiana/2006/6/207473.html?utm_source=openai)) Producer / broker and submission expectations: - Producers must be properly appointed/authorized to place business with Citizens and are subject to producer binding and underwriting requirements promulgated by regulation (Regulation 87 – Producer Binding Requirements – including section on underwriting requirements). These rules govern when and how a producer may bind coverage and the documentation required to support eligibility and underwriting decisions. - Applications should be complete and truthful; all declination information must be disclosed on the application. Citizens may apply condition surcharges, adjust coverage amounts, require higher deductibles, or decline the application based on its underwriting review. - Citizens’ Plan of Operation requires the maintenance of a formal Underwriting Manual and Procedure Guide for each plan, and underwriting decisions must conform to those manuals and to the Plan of Operation as approved by the Louisiana Department of Insurance. Producers should rely on the latest issued Citizens manuals and bulletins for specific forms, occupancy limitations, inspection requirements, and any program changes. - In depopulation rounds (policy take‑out by private insurers), producers are expected to cooperate with private carriers’ underwriting standards and should not authorize assumption of any policy that does not meet the assuming insurer’s underwriting criteria; such policies should remain with Citizens. ([law.cornell.edu](https://www.law.cornell.edu/regulations/louisiana/title-37/part-XIII/chapter-121?utm_source=openai)) Operationally, treat Louisiana Citizens strictly as an insurer of last resort for both personal and commercial property. Submit only risks that are in sound physical condition, satisfy reasonable underwriting standards, document at least one voluntary‑market declination, and meet Citizens’ minimum deductible and coinsurance/rating requirements. For any placement, confirm the latest Citizens Underwriting Manual and producer bulletins for line‑specific eligibility, binding authority, inspection triggers, and prohibited classes before committing terms to an insured.