A Newbie Question, Don't Laugh

squeed

Super Genius
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If you get licensed in your state, does that mean that you can only sell insurance to people that live in your state, or that you can only operate out of your state ?

-S
 
If you get licensed in your state, does that mean that you can only sell insurance to people that live in your state, or that you can only operate out of your state ?

-S

Only in your state. You must get a non resident license for each additional state you wish to sell in.
 
You have to be licensed in your home state with a Resident License and in any other state you sell in with a Non Resident License.. Once you have your Resident License you can apply online for most other states. Most if not all accept your credentials and there is no further testing required. I use Sircon Corporation | Licensing & Compliance Automation for the Insurance Industry to get my Non Resident Licenses. YMMV in some states, that is how it works in mine. I have licenses in 6 different states right now.
 
Hey Patch,

How much does it cost to get appointed in another state and is it pretty easy to do?
It is pretty easy to get non-resident license. The cost vary from state to state. Some state does not require to pay the fee to be get licensed but many state charge money from 5 dollars to 70 dollars.
 
It depends what you are going to sell them. If your Aunt Alice comes to visit from FL and while visiting decides she needs a huge premium life policy...go to it. If she wants auto, health, homeowners for house in FL or Medicare, you be stuck unless you are licensed for that "thing" in that state.
 
It depends what you are going to sell them. If your Aunt Alice comes to visit from FL and while visiting decides she needs a huge premium life policy...go to it. If she wants auto, health, homeowners for house in FL or Medicare, you be stuck unless you are licensed for that "thing" in that state.


What an absolute BRILLIANT post on a 3 year old meaningless thread.......:goofy::swoon::no::arghh::arghh::realmad::policeman::wacko:
 
It is pretty easy to get non-resident license. The cost vary from state to state. Some state does not require to pay the fee to be get licensed but many state charge money from 5 dollars to 70 dollars.

I thought I would add a little content to this three year old thread. Some states (Kentucky and maybe others) charges a fee for every company you are appointed with. I think it is $50 per carrier. This can get to be pricey.
 
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