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A multi line insurance agent is an agent who not only can provide insurance for you in a certain field, but multiple fields. For example: if you have an insurance license for Life & Health in a certain state but not Property & Casualty, you will only be able to write business for Life & Health in that state. If you have all lines of authority, you can legally write business under any line such as Property & Casualty, Life & Health, and Surplus Lines.
Agents must hold the same lines of authority in her or her resident state that they are applying for in any other (non-resident) state.
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What is the difference between a personal lines agent and a general lines agent?
A personal lines agent deals with homeowners and auto insurance. A general lines agent deals with commercial insurance, bail bonds, life, accident, and health insurance.
What is a personal lines insurance agent?
A Personal Lines Insurance Agent is a person who sells you insurance for your home, boat, car, motorcycle, umbrella, rental dwelling, vacant property, things that you own personally and not used in business.
What is a general insurance agency?
Some times this is referred to as either an agency that sells for multiple companies or multiple lines of insurance.
What has the author Richard D Turner written?
Richard D. Turner has written: 'Multiple-lines insurance production' -- subject(s): Insurance, Multiple-line
Do you have to be bonded to be an insurance agent?
yes.. in some States, depends on the lines of Insurance you would be selling.Call your States dept. of professional regulation.
What can I do to qualify for a discount on my vehicle insurance?
I would check with my insurance agent. Personally, I get discounts for having home owner insurance, multiple cars, and, defensive driving.
Where can one obtain insurance for multiple vehicles?
Most insurance companies will issue policies for people who own multiple vehicles. Contact a broker or agent who can provide quotes for different companies.
How do you start in insurance business as an agent?
First get your insurance license (look up the Department of Insurance in your state). Then find a good brokerage house that offers good contracts with multiple insurance companies.
What is a 220 florida insurance license?
A 220 Florida insurance license is a general lines agent license. It gives the license holder the legal right to sell property and liability insurance.
Can someone suggest you a good auto insurance company?
Call a local insurance agent who has access to multiple companies. Then ask about the carriers ratings & claims handling.
What does excess and surplus lines refer to?
This is the license class that enables an insurance agent and/or agency to place large and/or hard-to-place insurance risks with non-admitted insurance carriers, also known as surplus lines or excess lines carriers. This class of insurance has very stringent filing and reporting requirements in many states including requiring zero reporting by the surplus lines broker.
What is a commercial lines representative?
A Commercial Lines Representative is an insurance broker or agent that sells commercial polcies such as liability, property, business interruption, crime, etc.
