Understanding 5 Digit Insurance Company Codes in Florida

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Insurance companies operating in Florida are assigned a 5 digit code known as a National Association of Insurance Commissioners (NAIC) company code. This code is used to identify and track insurance companies for regulatory purposes. Knowing a company’s 5 digit code can be useful when searching public records, filing claims, and validating licensure.

What is a NAIC Company Code?

NAIC stands for the National Association of Insurance Commissioners. This organization oversees the regulation of insurance companies in the United States.

Each insurance company licensed to operate in a state is assigned a unique 5 digit NAIC company code. This code stays with the company if they operate in multiple states.

Some key facts about NAIC company codes:

In Florida, the Office of Insurance Regulation maintains a public database of licensed companies and their NAIC codes.

Why Do Insurance Companies Have NAIC Codes?

NAIC codes serve a few important purposes:

Overall, the NAIC code creates a standardized system for tracking and identifying insurance companies across states. This benefits both regulators and consumers.

How to Find a Company’s NAIC Code

The NAIC code for insurance companies licensed in Florida can be looked up using public records:

Searching the OIR license database or NAIC website will provide the most reliable source. Company websites or documents may also display the code.

Examples of Major Insurance Company NAIC Codes in Florida

Here are some examples of large insurers licensed in Florida and their 5 digit NAIC codes:

These are just a few of the many companies operating in Florida. Again, the full list can be found using the OIR or NAIC lookup tools.

When to Use a NAIC Insurance Company Code

There are a few situations where you may need or want to look up an insurer’s NAIC company code:

Having the NAIC code can provide usefulness in these situations. It provides an standardized identifier to cut through confusion caused by similar names or company license changes.

NAIC Codes for Different Insurance Lines

NAIC codes are assigned to property & casualty insurers, life & health insurers, and other types of insurance companies.

Here are some tips for looking up codes based on the insurance line:

Reach out to the OIR or NAIC if you need clarification on finding codes for a particular line of insurance.

Frequently Asked Questions

How do I find my insurance company’s NAIC code?

You can look up your insurer’s NAIC code using the Florida OIR license search or NAIC consumer lookup tool. Many company websites also list the code.

What is the difference between an NAIC code and a tax ID number?

An NAIC code specifically identifies the insurance company for regulatory purposes. A tax ID number is used for IRS tax filings and is different than the NAIC code.

Does a company have the same NAIC code in every state?

Yes, the NAIC code sticks with an insurance company even as they are licensed across multiple states. The code does not change.

Can an insurance company change their NAIC code?

No, NAIC codes remain permanently assigned to an insurance company. The code would only change if a company was legally acquired by another insurer.

How can I use NAIC codes when comparing insurance quotes?

When comparing quotes, NAIC codes can help you identify if subsidiaries or name variations are from the same parent insurance company. This allows you to compare accurately.

The Bottom Line

NAIC codes are unique 5 digit identifiers assigned to insurance providers operating in Florida and other states. These codes can be useful for regulatory lookups, claims processing, and identifying companies. Referencing public records from the Florida OIR or NAIC is the best way to find an insurer’s official NAIC company code. Keeping these codes handy helps cut through confusion caused by companies changing names, merging, or licensing subsidiaries.

FAQ Where do I find my 5-digit code on my vehicle registration card?

FAQ

Where do I find 5 digit insurance company code?

The NAIC code is a 5-digit number that can be found on your insurance card . Most of the time the NAIC is printed on your ID card, however it may not be labeled. For a complete list of NAIC numbers, please visit the NAIC website.

What is an 5 digit ID number on an insurance card?

The NAIC number is a unique five-figure identification code associated with the insurer and carries the data on their finances, complaints, and much more. The NAIC number is helpful in many cases, especially in accidents and collision coverage.

What is the 5 digit company code?

The NAIC assigns a five-digit code (called an NAIC code or NAIC number ) to every insurance company authorized to do business in the United States.

What is the Florida insurance company code for the general?

The main The General NAIC number is 13703. The General’s NAIC number is the five-digit code given by the National Association of Insurance Commissioners (NAIC), which assigns numbers to authorized insurance providers in order to track customer complaints and ethics violations across state lines.

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