Admitted Insurance

An insurance policy sold by an admitted company, which is an insurance company licensed to operate in one state even though its main office is in another state. Insurance licensing in the United States is conducted on a state-by-state basis; admitted insurance is, in effect, "foreign" insurance that one may buy. Both the insurance companies themselves and the agents they use must be licensed in each state in which they work.

All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.