What type of licensee is authorized to transact only personal lines of insurance?

The appropriate licensee authorized to transact only personal lines of insurance is the personal lines broker or agent. This type of license specifically focuses on personal insurance products, which include individual insurance policies such as homeowners, renters, auto, and personal liability insurance.

The distinction of the personal lines license is important because it ensures that the licensee possesses the specific knowledge and skills relevant to the personal lines sector, as opposed to general lines, which would include both personal and commercial products, or commercial lines, which are strictly focused on businesses and commercial entities. Therefore, understanding the personal insurance market and being able to navigate its specific regulations and products is crucial for someone holding a personal lines license. In essence, this specialization is necessary for effectively serving clients' personal insurance needs.