Personal lines insurance covers individuals against loss resulting from death, injury, or loss of property. Examples of personal lines insurance include homeowners insurance, earthquake insurance, renters insurance, car insurance, life insurance, health insurance, and disability insurance.
What can you sell with personal lines insurance?
- Personal property, such as jewelry, fine arts, cameras, and musical instruments.
- Personal watercraft, such as boats and yachts.
- Personal umbrella liability insurance to increase and supplement homeowners and personal auto liability coverage.
What's the difference between personal lines and property and casualty?
The basic, Personal Lines - Property and Casualty license allows you to sell basic home and auto insurance. The Personal P&C license allows you to sell auto insurance and home insurance as an independent agent or as a captive agent like Jake from State Farm or Flo from Geico.Sep 4, 2020
What is a line agent?
A General Lines Agent is an agent who transacts any one or more of the following kinds of insurance: Property insurance; Marine and transportation insurance; Health insurance, when transacted for an insurer also represented by the same agent as to property or casualty insurance; Mortgage guaranty insurance.
Is property and casualty insurance the same as personal lines?
Property/casualty insurance can be countermined into two major categories: commercial lines and personal lines. Personal lines, as the term suggests, includes coverages for individuals- vehicles and household insurance. Commercial and business insurance performs a vital role in the world economy.
What does a personal lines insurance agent do?
A personal lines insurance agent is licensed to sell multiple types of insurance policies including property and casualty, life, health, liability, and umbrella insurance to protect individuals and families against financial loss.
What is personal line license?
A personal lines licensee is a person authorized to transact automobile insurance, residential property insurance, including earthquake and flood insurance, personal watercraft insurance and umbrella or excess liability insurance providing coverage when written over one or more underlying automobile or residential
What does a commercial producer do?
What Is a Commercial Producer? Commercial producers are involved at every step in creating and producing advertisements and ad campaigns. They may produce ads for television, radio, the stage, videos, even movies.
What does a line producer get paid?
Salary will depend on your experience and on the type of film you're producing. In general, however, line producers make between $60,000 and $90,000 per year. If you do well as a line producer, you can expect promotion to more lucrative types of production jobs.Jan 5, 2019
Is line producer a good job?
Unlike with some producer roles, being credited as a line producer isn't just a prestigious title. It's intense, hands-on, and rewarding job. That's because a line producer's job description includes a long laundry list of responsibilities that kickoff during pre-production.
Background: People who wish to sell, solicit or negotiate insurance in the United States must be licensed as a "producer". The term producer includes insurance agents and insurance brokers. Producers must comply with various state laws and regulations governing their activities.
What is a subagent in insurance?
: an agent who is appointed by another agent (as an insurance agent) and for whom the principal agent is responsible or liable.