An agent whose actions exceed the authority granted by contract is considered to be what?

An agent whose actions exceed the authority granted by their contract is considered not backed by the insurer. This means that the insurer does not accept responsibility for actions the agent takes outside of the scope of their authority. Agents are typically granted specific powers to act on behalf of the insurer, and if they exceed this authority, any agreements or transactions they undertake may not be legally binding for the insurer. This distinction is important because it protects the insurer from liability arising from unauthorized actions and ensures that consumers are aware that they are not protected by the insurer in cases where the agent has acted outside their given authority.

The other options would imply that the insurer is somehow responsible or that the agent is acting within guidelines when they are not, which misrepresents the relationship and responsibilities involved.