How to Obtain an Insurance Producer’s License in Virginia

| December 28, 2012

If you live in the state of Virginia you must obtain an insurance producer’s license before conducting insurance transactions for profit.

The Virginia Bureau of Insurance offers 5 different types of insurance producer’s licenses. The insurance licenses are as follows:

  • Life and Annuities
  • Health
  • Property and Casualty
  • Personal Lines
  • Title

In addition to the five licenses, the Bureau also offers two consulting licenses which are for Life and Health consultants and Property and Casualty consultants. Consultants are required to pass the same state exams as their producer counterparts.

Pre-licensing Education Requirements

The Virginia Bureau of insurance only requires its Title insurance candidates to take pre-licensing education courses. If you’re looking to obtain a Title insurance license, you must take 16 approved class hours prior to taking the exam. After taking the class hours, you will need to bring the Certification Form and an Affidavit of Course Completion to the testing center in order to take the exam. All other exam candidates for other lines of authority are not required to take pre-licensing courses. They do however have to take and pass the Virginia State insurance licensing exam.

The state’s insurance exams are administered through a company called Pearson Vue. Visit the Pearson Vue website (PearsonVue.com) and download their Candidate Handbook. The handbook provides all the necessary information for registering and taking the state exam,

While on the Pearson Vue website, download the Content Outline brochure. The Content Outline brochure provides detailed information on the types of questions asked on the exam. The brochure also gives an indication of the number of insurance questions per category. The Content Outline is a valuable study tool for passing the state exam.

Virginia

Virginia State Insurance Licensing Exam

After you’ve adequately studied for the state licensing exam, register to take the exam through the Pearson Vue website. As of November, 2010, there are eight insurance testing locations – Cedar Bluff, Lynchburg, Newport News, Norfolk, Reston, Richmond, Roanoke and Vienna. Each testing center lists its exam schedule online.

Licensing Exam Exemptions

If you hold a Chartered Life Underwriter (CLU) or Chartered Property Casualty Underwriters (CPCU) designation, you are exempt from taking the state licensing exam for the associated line of authority. You must, however, submit valid proof of your designation when applying for your license.

Applying for the Virginia Insurance License

After you have passed the state exam (or have adequate exam exemption proof) you can apply for the Virginia insurance producer’s license. You must apply for the license within 183 days of passing the state exam. To apply you must complete and submit the following:

  1. The electronic insurance producer’s application
  2. Submit current (within the last 90 days) criminal history record report from the Virginia State police.
  3. $15 license processing fee per application.

The Bureau of Insurance will review your application and notify you if and when it is approved. Once you obtain your insurance producer’s license, you must take continuing education classes in order to renew your license upon expiration. The continuing education requirement must be completed prior to the end of each even-numbered year.

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Category: Insurance, Licensing, Virginia

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Felicia A. Williams is a wife, mother, freelance writer and owner of Tidbits and Stuff.

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