NAIC Codes vs. State Codes You'll find that many insurance companies have both state and national codes assigned to them. Not every insurance company is required to apply for an NAIC code but having one makes a company easily identifiable if a driver is in an accident in another state. NAI...
If it’s a large company, such as Geico, it can have many NAIC codes for every affiliated company operating under Geico. Because insurance companies offer many types of products (homeowners insurance, auto insurance, life insurance, etc.), each policy type may be treated as a unique company...