Certificate of Authority is a document issued to ...

Certificate of Authority is a document issued to ...

• A. A document issued to an insurance company licensed in NJ
• B. A real estate license
• C. A mortgage instrument
• D. A permit to sell vehicles

Answer: (A)

A Certificate of Authority is the official permission from New Jersey’s insurance regulator that an insurance company may legally operate and transact insurance in the state. It shows the insurer has met the required financial and regulatory standards to be admitted to do business in New Jersey. This is the document you’d look for to confirm a title insurer is authorized to issue policies in the state. The other options involve licenses or permits handled by different agencies (real estate licensing, mortgage contracts, or vehicle dealer permits) and are not certificates issued by the state insurance department.

A Certificate of Authority is the official permission from New Jersey’s insurance regulator that an insurance company may legally operate and transact insurance in the state. It shows the insurer has met the required financial and regulatory standards to be admitted to do business in New Jersey. This is the document you’d look for to confirm a title insurer is authorized to issue policies in the state. The other options involve licenses or permits handled by different agencies (real estate licensing, mortgage contracts, or vehicle dealer permits) and are not certificates issued by the state insurance department.