# Carrier appointments

A term used when buying insurance agency.

The insurers that let this agency sell their products, granted to the agency by name.

They are the agency's inventory, and they do not always survive a sale: many carriers reserve the right to review an appointment on a [change of ownership](https://searchspheresource.com/glossary/change-of-ownership), and losing one can strand a whole book that has nowhere to renew. It is also the ceiling on growth, since an agency can only quote what it is appointed for. List the appointments, the premium behind each, and read the [change-of-control](https://searchspheresource.com/glossary/change-of-control) language before agreeing what the book is worth.

Part of: Buying an Insurance Agency (https://searchspheresource.com/guides/buying-an-insurance-agency)

Source: https://searchspheresource.com/guides/buying-an-insurance-agency/terms/carrier-appointments
Not dated: The same editorial definitions as the glossary, inside a trade.

Site index for machines: https://searchspheresource.com/llms.txt