Montana Insurance Licensing
News
Read All NewsAppointments and Terminations in Montana
Yes
Yes
Within 15 days of contract execution
JIT appointments permitted. Appointments must be submitted within 15 days of the date the agent/agency contract is executed
Yes
$10
$10
Yes
No
Yes
Required and is the date supplied on transaction. Must not be in the future and must be less than 15 days old.
No, perpetual
No fees
Yes
Yes
Voluntary termination; inadequate production; death; company defunct or liquidation; company indebtedness; poor policyholder service; agent moved; appointed in error; request regulatory review
Required and is the date supplied on transaction. Must not be in the future and must be less than 15 days old
After 30 days of compliance renewal cycle, if CE is not submitted, the appointments are canceled
No fee
Licensing in Montana
Resident New License Insurance Producer: $0 Resident New License Surplus Lines Producer: $50 Non Resident New License Insurance Producer: $100 Non Resident New License Surplus Lines Producer: $50
Resident Renewal Insurance Producer: $0 Resident Renewal Surplus Lines Producer: $100 Non Resident Renewal Insurance Producer: $50 Non Resident Renewal Surplus Lines Producer: $100
90 days before expiration
Last day of birth month every 2 years based on year of birth
Late renewal allowed up to one year after expiration
90 days before expiration
Last day of birth month every 2 years based on year of birth
Late renewal allowed up to one year after expiration
No
Residence, Business, and Mailing
Managing General Agent, Third Party Administrator, Risk Retention Group, Viatical Settlement Broker, Motor Club Agent, Consultant, Purchasing Group, Insurance Producer, Surplus Lines Producer, Health Service Corporation, Public Adjuster, Adjuster, Crop Adjuster, Reinsurance Intermediary Broker, Funeral, Premium Finance Company, Temporary Producer, Health Maintenance Organization (HMO), Property and Casualty Insurer, Surety Bail, Joint Underwriter Organization, Life and Disability Insurer, Navigator, Certified Application Counselor, Certified Exchange Producer, Temporary Surety Bail
Yes
Agency Licensing in Montana
Yes
Yes
No
90 days prior to expiration until expiration date. Late renewal ends one year after expiration date.
Yes
All producers selling on behalf of or through a business entity are affiliated.
Main license meets requirements
Independent and Emergency Adjuster Licensing in Montana
Yes
Yes
Yes
AK, AL, AR, AZ, CT, DE, FL, GA, ID, IN, KY, LA, ME, MI, MN, MS, NC, NH, NM, NV, OK, OR, RI, SC, TX, UT, VT, WA, WV, WY
CA, HI, NY, PR
No LOA required
Licensing Fee: $50 Reinstatement Fee: $50 Renewal Fee: $100 Late Renewal Fee: $200
Yes
Biennially, on the first day of the birth month, in alternating years. Odd birthdays will have odd renewal years. Even birthdays will have even renewal years.
Biennially, on the first day of the birth month. Odd birthdays will have odd renewal years. Even birthdays will have even renewal years.
No license is required in the event of catastrophe. Refer to the instructions issued at the time of the catastrophe announcement.
Continuing Education Requirements for Montana Insurance Licensees
Licensees must complete 24 hours of continuing education every two years.
Renewal occurs biennially, every two years.
The license renewal date falls on the last day of the licensee's birth month.
Renewal year is based on the licensee's year of birth.
Continuing education must be completed prior to license expiration.
The state sends a CE reminder 90 days prior to the expiration date.
There are no specified exemptions to continuing education requirements in Montana.
Licensees can reinstate their license within 12 months of its lapse in Montana. After that period, reapplication is necessary.
Licensees must complete 3 hours of ethics training and 1 hour of Montana statutes.
Initial certification requires an 8-hour course, followed by 4 hours of LTC-specific training every two years.
Licensees must complete a one-time, 4-hour course.
Frequently Asked Questions on Montana Insurance Licensing
A: Montana insurance licenses must be renewed every two years, coinciding with the licensee's birth month.
A: The renewal fees vary based on the type of license. Resident Insurance Producers have no renewal fee, while Surplus Lines Producers have a $100 renewal fee. Non-resident fees are $50 for Insurance Producers and $100 for Surplus Lines Producers.
A: If you miss your renewal date, you can still reinstate your license up to one year after expiration by meeting all required CE and paying any necessary late fees.
Montana
Troy Downing
Office of the Montana State Auditor
