What type of insurance can a broker NOT transact?

The type of insurance that a broker cannot transact is life, health, and disability insurance. Brokers in California are primarily authorized to deal with property and casualty insurance, which encompasses a range of personal lines like auto and home insurance. Life, health, and disability insurance typically require a separate license, specifically a life and health insurance license, which is not part of the standard brokerage license. Therefore, engaging in transactions related to life, health, and disability insurance goes beyond the scope of what a personal lines broker is licensed to handle.

Understanding the licensing requirements is crucial, as different types of insurance require different qualifications and regulatory requirements. This distinction helps ensure that brokers operate within their expertise and provide adequate service to their clients in the appropriate areas of insurance.