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What does it mean when an insurance carrier is non-admitted?

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What does it mean when an insurance carrier is non-admitted?

My doubt is from ascot insurance topic

I got this question during an online interview.

Other related questions to my question are:

What does non-admitted carrier mean?

What does non-admitted basis mean?

What does non-admitted mean?

What does admitted and non-admitted mean in insurance?

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The correct answer by me is: Non-admitted insurance refers to an insurer that is not licensed with the state to offer a type or amount of coverage. But, that does not mean that the insurer is not allowed to work in the state. A non-admitted insurer may sell coverage through a state-licensed broker.Jul 21, 2021

The title of my answer is What Is Non-Admitted Insurance?

 You can read more about by answer on The Balance

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