State |
Guarantee Funds |
Security |
Factor |
Alabama |
May not pay "deductible" amount, and time limits
apply |
Yes - partial |
0.33 |
Alaska |
Will pay, except Longshore written as surplus
line |
Not required |
0 |
Arizona |
Will not pay |
Yes - full |
1 |
Arkansas |
$300,000 limit |
Yes - partial |
0.33 |
California |
Will not pay any Longshore Act
benefit |
Yes - full |
1 |
Colorado |
Will pay |
Not required |
0 |
Connecticut |
Will pay |
Not required |
0 |
Delaware |
Will not pay "deductible" amount |
Yes - partial |
0.33 |
Florida |
Will pay |
Not required |
0 |
Georgia |
Will pay |
Not required |
0 |
Hawaii |
Will pay |
Not required |
0 |
Idaho |
Will pay |
Not required |
0 |
Illinois |
Will not pay if insured nw >$25 m |
Yes - partial |
0.33 |
Indiana |
Maximum benefit of $100,000 per claim |
Yes - partial |
0.33 |
Iowa |
Will not pay |
Yes - full |
1 |
Kansas |
Will pay |
Not required |
0 |
Kentucky |
Will not pay |
Yes - full |
1 |
Louisiana |
Will not pay if insured has net worth of over $25
million |
Yes - partial |
0.33 |
Maine |
Will pay, but 1 year filing requirement from date
of insolvency |
Yes - partial |
0.33 |
Maryland |
Will pay |
Not required |
0 |
Massachusetts |
Will pay |
Not required |
0 |
Michigan |
Will pay |
Not required |
0 |
Minnesota |
Will pay |
Not required |
0 |
Mississippi |
Will pay |
Not required |
0 |
Missouri |
Will not pay |
Yes - full |
1 |
Montana |
Will pay |
Not required |
0 |
Nebraska |
Will pay |
Not required |
0 |
Nevada |
Will pay |
Not required |
0 |
New Hampshire |
Will pay |
Not required |
0 |
New Jersey |
Will not pay if insured is
"insolvent" |
Yes - partial |
0.33 |
New Mexico |
Will not pay |
Yes - full |
1 |
New York |
Will not pay if insured is
"insolvent" |
Yes - partial |
0.33 |
North Carolina |
Will pay |
Not required |
0 |
North Dakota |
Monopolistic state, no guaranty fund |
Yes - full |
1 |
Ohio |
Monopolistic state, no guaranty fund |
Yes - full |
1 |
Oklahoma |
Will not pay |
Yes - full |
1 |
Oregon |
Will possibly pay |
Yes - partial |
0.33 |
Pennsylvania |
Will not pay if insured is "insolvent" and only
up to state rates |
Yes - partial |
0.33 |
Rhode Island |
Will pay |
Not required |
0 |
South Carolina |
Will pay |
Not required |
0 |
South Dakota |
Will not pay |
Yes - full |
1 |
Tennessee |
Will not pay |
Yes - full |
1 |
Texas |
Will pay |
Not required |
0 |
Utah |
Will possibly pay |
Yes - partial |
0.33 |
Vermont |
Will pay |
Not required |
0 |
Virginia |
Will pay |
Not required |
0 |
Washington |
Will pay |
Not required |
0 |
West Virginia |
Will not pay Longshore Act benefits |
Yes - full |
1 |
Wisconsin |
Will not pay if insured's nw > $10
m |
Yes - partial |
0.33 |
Wyoming |
Monopolistic state, no guaranty fund |
Yes - full |
1 |