Insurance Agent NAICS Code Guide for Business Owners

As an insurance agent, navigating the world of NAICS codes can be overwhelming, especially when it comes to accurately classifying your business. The North American Industry Classification System (NAICS) is a system used by the US Census Bureau to classify businesses by industry.

Insurance agents can be classified under various NAICS codes, depending on their specific services. For example, insurance agencies that sell property and casualty insurance are typically classified under NAICS code 524126.

Understanding your NAICS code is crucial for insurance agents, as it affects the way you file taxes and report your business activities to the government. It's also essential for determining the correct licenses and permits you need to operate your business.

The NAICS code for insurance agencies can vary depending on the specific services they offer, such as life insurance, health insurance, or title insurance.

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The NAICS code for insurance agencies is 524210, which includes businesses that primarily act as intermediaries in selling insurance policies and annuities. This code encompasses a wide range of insurance services, including claims adjustment and risk assessment.

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There are several subcategories under the 524210 code, which can help you pinpoint a specific type of insurance agency. For example, health insurance agencies are classified as 52421001, while life insurance agencies are classified as 52421002.

If you need to connect with decision makers, experts, and executives in the insurance agencies industry, you can use the North American Industry Classification System (NAICS) code list to create market data. This can help you target your marketing efforts and connect with the right people.

The NAICS code 524210 can be used to identify insurance agencies that are involved in various types of insurance, including automobile, homeowners, and life insurance. In fact, there are over 168,000 industry companies available under this code.

Here is a breakdown of some of the specific subcategories under the 524210 code:

The NAICS code 524210 is also equivalent to the International Standard Industrial Classification (ISIC) code 6622, which is "Activities Of Insurance Agents And Brokers".

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The NAICS code for insurance agencies is 524210, which is a final level code of the Insurance Agencies and Brokerages Sector. This code includes businesses that primarily act as intermediaries in selling insurance policies and annuities.

There are 181,704 companies verified as active in this industry in the USA, with an estimated employment of 738,820 people. The NAICS code is used to classify businesses according to their primary activities, and it's essential to know the specific code for your business to accurately represent your company's industry.

The SIC code, on the other hand, is a four-digit code that is gradually being replaced by the NAICS code. However, the SIC code is still widely used by many organizations and government agencies. The SIC code for insurance agencies falls under the 6-digit code number 641112, which refers to Insurance Agents, Brokers, and Service.

Here is a breakdown of the SIC code for insurance agencies:

By knowing the specific NAICS or SIC code for your business, you can ensure that you're accurately representing your company's industry when filling out surveys or applying for loans, grants, or other programs that require these codes.

The NAICS code is a six-digit number that provides a detailed description of a company's business activities.

It's divided into six sections, with each number representing a different level of specificity.

The first two numbers indicate the economic sector where the company operates.

The third number identifies the company's sub-sector.

The fourth number indicates the industry group the company belongs to.

The fifth number identifies the company's particular industry.

The sixth number identifies the national industry of the company.

Here's a breakdown of what each number represents:

This detailed breakdown helps insurance agents and other businesses accurately identify their NAICS code and understand its significance.

NAICS codes are a standard for classifying business activities by grouping them according to the primary line of business and type of economic activity. This system helps create market data based on NAICS codes to connect with decision makers, experts, and executives around the world.

NAICS code 524210 specifically refers to Insurance Agencies and Brokerages, which consists mostly of institutions that operate as agents in the sale of annuities and insurance products. This industry can be further broken down into various subcategories.

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The NAICS code 524210 list can be used for both marketing and research purposes, providing a 360-degree view of customers and prospects for B2B companies. This helps attain campaign success by connecting with decision makers directly by phone, email, or direct mail.

Here are some specific NAICS codes within the 524210 category:

If you're looking to understand the insurance industry better, you'll want to check out the NAICS Code 524210 industry database. This database consists mostly of institutions that operate as agents in the sale of annuities and insurance products.

Insurance agencies and brokerages are a key part of this industry, with many companies operating as both agents and brokers. You can find a list of related businesses in the database, including life insurance agencies and health insurance providers.

Some of the top companies in the insurance industry include CNA Financial Corporation, Marsh & McLennan Companies Inc, and Hartford Fire Insurance Co. These companies are listed in the NAICS Code 524210 industries database, which provides a wealth of information on the industry.

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Here are some of the top companies in the insurance industry:

These companies are just a few examples of the many businesses operating in the insurance industry. By checking out the NAICS Code 524210 industry database, you can learn more about the companies and businesses that make up this industry.

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The Industries Database for NAICS Code 524210 is a treasure trove of information, providing a comprehensive list of related businesses.

Insurance agencies and brokerages are the primary institutions operating under this code, acting as agents in the sale of annuities and insurance products.

You can find a range of related businesses listed in the database, including life insurance agencies, brokers' offices, health insurance, and insurance adjuster services.

Here's a sample of the database:

These businesses are listed alongside prominent companies in the industry, such as CNA Financial Corporation and State Farm Fire and Casualty Co.