Auto Insurance Company Codes: Florida's 5-Digit Mystery

Every insurance company in the United States has a unique 5-digit NAIC code, which is used to identify and track them for regulatory purposes. NAIC stands for the National Association of Insurance Commissioners, which regulates insurance companies in the country. This code is useful when searching public records, filing claims, and validating licensure. The NAIC code can be found on the NAIC website, the insurance company's website, or by contacting the company directly.

How to find your insurance company's NAIC code

Every car insurance provider in the US is assigned two insurance codes: one from the National Association of Insurance Commissioners (NAIC) and one from the Department of Motor Vehicles (DMV). These codes help consumers determine a provider's legitimacy.

NAIC codes are unique, five-digit national codes that help identify individual insurers in the US and streamline the claims process. They are particularly useful in the event of accidents and collision coverage.

To find your insurance company's NAIC code, try the following:

• Check your insurance card. The NAIC number should be on your insurance card. If you find it challenging to locate, look for a five-digit number labelled as the "Company Number". This is most probably the NAIC number.
• Review your insurance policy documentation. The insurance policy documentation also carries the NAIC number or the Company Number. However, this may be less convenient than checking your insurance card, as policy documents are not usually carried around.
• Visit the NAIC website. If you cannot find the NAIC number on your insurance card or policy documents, or if you have misplaced them, you can log on to the NAIC website. Use the Consumer Insurance Search tool on the website to locate your insurer's company number. You can search for a company by name or find a company by typing in the NAIC code if you already have it.

It is important to note that your insurer may hold multiple NAIC numbers, especially if they offer different types of insurance products or policies, or operate in multiple states. After consulting your insurer, ensure that you provide the correct NAIC number so that your claim or information request can be processed smoothly.

What is the NAIC code used for?

The NAIC code, otherwise known as the NAICS code, is used to classify businesses within the North American Industry Classification System. This system was developed for use by Federal Statistical Agencies for the collection, analysis and publication of statistical data related to the US business economy. It is also used by some government agencies, trade associations and regulatory boards for internal purposes.

NAIC codes are five-digit national codes assigned by the National Association of Insurance Commissioners (NAIC). The NAIC is a regulatory oversight committee that ensures insurance carriers comply with federal laws.

NAIC codes are used to identify specific insurance providers and can be used to file a claim of fraud, check a provider's legitimacy, and access reports on a provider's closed complaints, enforcement actions, financial data, and market conduct reports. These codes are not just for auto insurance policies but are used for all types of insurance, including health, homeowner's, and life insurance.

You can find the NAIC code for a specific insurance provider on the NAIC website, which allows you to search by company name or NAIC code.

NAIC codes for different insurance lines

NAIC codes are assigned to property and casualty insurers, life and health insurers, and other types of insurance companies. Here's a breakdown of how to look up codes based on the insurance line:

Property & Casualty Insurance

Property and casualty insurance policies include auto, home, renters, and business insurance. You can search for NAIC codes for these policies on the Florida Office of Insurance Regulation (OIR) website or the NAIC consumer tool.

Life & Health Insurance

For life insurance and health policies, use the NAIC consumer lookup tool. Florida maintains a separate life and health insurance company database.

Other Insurance Types

Specialty lines like title insurance and travel insurance also have NAIC codes. You can check the licensing databases to find the codes for these insurance types.

Surplus Lines

Non-admitted insurers, or those offering coverage that isn't typically available in the standard insurance market, also have NAIC codes. You can use the Florida Surplus Lines search to find the codes for these insurers.

Overall, NAIC codes provide a standardized system for tracking and identifying insurance companies across different states and insurance lines. This benefits both regulators and consumers by creating a consistent and transparent system.

Why do insurance companies have NAIC codes?

Insurance companies have NAIC codes to help consumers determine a provider's legitimacy. NAIC stands for the National Association of Insurance Commissioners, which is a regulatory oversight committee that ensures insurance carriers comply with federal laws.

NAIC codes are five-digit national codes assigned to every insurer to identify and credential them. They are useful in many cases, especially accidents and collision coverage. If you need to file an insurance claim, you will need your insurer's NAIC number.

NAIC numbers can be found on insurance cards, insurance policy documents, or on the NAIC website. Your insurer may hold multiple NAIC numbers, corresponding to different services or policies. The NAIC number is also required for registering a vehicle or completing paperwork at the DMV.

NAIC codes allow consumers to access information about insurance providers, such as closed complaints, cases of fraud, and financial data. This helps consumers make informed decisions about their insurance choices and ensures they are dealing with a legitimate and reputable provider.

When to use an NAIC insurance company code

The NAIC (National Association of Insurance Commissioners) number is a unique, five-digit identification code assigned to insurers to help identify them and credential their insurance company. This code is useful in many cases, especially accidents and collision coverage. If you are in an accident and need to file for insurance, you will need to provide your insurer's NAIC number.

The NAIC number is also useful when filing an insurance claim for your home, travel, or automobile. Your claim will be considered incomplete without the NAIC number. It is also a common requirement at the Department of Motor Vehicles (DMV) to register a vehicle or complete any other paperwork.

If you have concerns about your insurance company's practices and conduct, you can use the NAIC number to look up their profile online and check for any cases of fraud or financial anomalies. The NAIC number can also help you determine if an insurer is valid to practice in your state.

You can find the NAIC number on your insurance card or insurance policy documentation. It is usually labelled as the "Company Number". If you cannot locate it, you can visit the NAIC website and use their consumer insurance search tool.

Frequently asked questions