### Question
How does BASED INSURANCE REFORM define independently procured insurance?


### Answer
Under *15 U.S.C. § 8206*, **independently procured insurance** is defined as:

> insurance procured directly by an insured from a nonadmitted insurer

#### Citation:
  - *15 U.S.C. § 8206*
  - Heading: **CHAPTER 108-STATE-BASED INSURANCE REFORM > SUBCHAPTER I-NONADMITTED INSURANCE**

