What is a NAIC number used for?

What is NAICS code for LLC?

5614 - Business Support Services.

What is a NAICS code on tax return?

The North American Industry Classification System (NAICS, pronounced Nakes) provides a way to classify business establishments using a six-digit code.

Is NAIC legitimate?

The NAIC is not a regulator; while its members are the insurance commissioners (i.e., the chief insurance regulators) of each U.S. state and six territories, the NAIC is a non-governmental organization that concerns itself with insurance regulatory matters but does not actually regulate.

Is the NAIC a federal agency?

The National Association of Insurance Commissioners (NAIC) is a nonprofit, nonpartisan organization governed by the chief insurance regulators of the 50 states, the District of Columbia, and the five U.S. territories: American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the Virgin Islands.

How do I find my NAIC number?

The NAIC code is found on your insurance card. Most of the time the NAIC is printed on your ID card, however it is not labeled. It is a 5 digit number. Please call the office and any representative would be happy to provide you with the NAIC needed for your vehicle registration.

Who needs an NAIC number?

All licensed and authorized insurance companies in the U.S. are assigned a five-digit NAIC code that represents their primary area of business within the insurance industry. Consumers can find out information about insurance companies, any complaints, licenses, their financial health and more.

What is NAIC number for Geico?

GEICO NAIC Numbers. GEICO's NAIC number for car insurance is 35882. NAIC numbers are assigned by the National Association of Insurance Commissioners (NAIC), a regulatory support organization that protects consumer interests in the insurance industry.

What is NAIC number for AAA?

The main AAA NAIC number is 11983. AAA'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.

What is the NAIC number for Progressive insurance?

Company NAIC Number: 27804 3.

Is Florida a NAIC state?

The NAIC Financial Regulation Standards and Accreditation (F) Committee voted to accredit the departments of Arizona, California and Florida. Accredited insurance departments undergo comprehensive, independent review every five years to ensure they meet financial solvency oversight standards.

What is NAIC also called as?

NAIC in Insurance

(ɛn eɪ aɪ si) or National Association of Insurance Commissioners. abbreviation. (Insurance: General) The NAIC is an organization in the U.S. which regulates the insurance industry and protects the interests of insurance clients.

Is NAIC free?

National Association of Insurance Commissioners, or NAIC, has a free online service that could help you locate a loved one's life insurance or annuity information if they die. When you submit information, the NAIC will reach out to insurance and annuity companies for a search on your behalf.

Why was the NAIC created?

The NAIC was created in 1871 by state insurance regulators with the intent to standardize the regulation of insurers who conducted business in multiple states, and to promote the uniformity of financial reporting by insurers from one state to another.

Why do states regulate insurance?

The fundamental reason for government regulation of insurance is to protect American consumers. ... State regulation has proven that it effectively protects consumers and ensures that promises made by insurers are kept.

How do I find my NAICS code on my tax return?

Go to www.Census.gov and at the top highlight “Business” and click on “NAICS”. They have a section called “Ask Dr. NAICS” at that location.

What is NAICS code for self employed?

Self Employed - ZIP 33014, NAICS 524210, SIC 6411.

Can I change my NAICS code on my tax return?

There is no “official” way to have a company's SIC or NAICS code changed. Various Federal government agencies maintain their own lists of business establishments, and assign classification codes based on their own programmatic needs.

What is the best NAICS code?