What Does Resident Agent Mean?

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What does Resident Agent mean? Read on to discover the definition & meaning of the term Resident Agent - to help you better understand the language used in insurance policies.

Resident Agent

Resident Agent

A resident agent (or statutory agent) is a licensed insurance broker who works in the state where they reside. Resident agents are licensed to sell insurance in the state in which they live and nowhere else.

We hope the you have a better understanding of the meaning of Resident Agent.

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