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The main reason I have heard for it, is so that we don't have a case where one state makes the laws the easiest for them, gives buyers the least protection, and they all just HQ there ( for real or by mailbox) It helps avoid what would be a drive to the bottom by all states to lure them in.Also I live in MN, my insurance is from TX, where my company is based...also most insurance companies have there networks of places to go thatl limits where you can go, and most often these are limited to places where they of course have a buisness selling them...so my network is all located in MN...and limited even here..
The main reason I have heard for it, is so that we don't have a case where one state makes the laws the easiest for them, gives buyers the least protection, and they all just HQ there ( for real or by mailbox) It helps avoid what would be a drive to the bottom by all states to lure them in.
Also I live in MN, my insurance is from TX, where my company is based...
also most insurance companies have there networks of places to go thatl limits where you can go, and most often these are limited to places where they of course have a buisness selling them...so my network is all located in MN...and limited even here..
