PLGeorgiamedium
Which condition BEST establishes a Georgia homeowner's eligibility to apply to the Georgia Underwriting Association (GUA)?
AThe applicant simply prefers a lower premium than the voluntary market quoted
The property has been declined coverage in the voluntary market or is located in a high-risk area
CThe applicant has filed a bad-faith claim under O.C.G.A. § 33-4-6
DThe applicant is a Georgia-licensed P&C producer
Why this is the answer
As the FAIR Plan residual market, GUA does not compete with voluntary carriers. An applicant generally must demonstrate that voluntary-market coverage was declined or that the risk lies in a designated high-risk area (e.g., older urban housing stock or coastal wind exposure). Simple price preference does not qualify, a prior bad-faith claim is irrelevant, and producer licensure does not by itself create eligibility for the property risk.
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