What does a surplus lines producer license allow an individual to do?

A surplus lines producer license enables an individual to sell insurance policies from non-admitted insurers. Non-admitted insurers are those that have not been approved by a state's insurance department, which typically means they do not meet the standard regulatory requirements for operation in that state. Individuals with a surplus lines producer license can offer coverage options that may not be available through admitted carriers, providing businesses and consumers with essential protection, especially in niche markets or for high-risk clients. This role is crucial for ensuring that clients have access to a broader range of insurance products to meet their unique needs.

In contrast, selling only state-approved insurance policies pertains to admitted insurers, which is not applicable under the surplus lines producer license. The role does not include acting as an insurance adjuster or providing legal advice on insurance issues, which are distinct professions requiring separate qualifications and licenses.