New York Insurance Licensing
The information provided by Agenzee is intended to be accurate and current regarding licensing and appointment requirements across states. While we make every effort to ensure precision through research and expertise, we recommend that readers independently verify details by contacting their state’s insurance department for precise regulations. Remaining informed is essential, and we are here to assist you on your path.
News
Read All NewsAppointments and Terminations in New York
Yes
Yes
Within 15 days of contract execution or first business submission
Initial appointment deadline rule: JIT appointments permitted. Appointments must be submitted within 15 days of the date the agent/agency contract is executed or the first piece of business is submitted to the carrier
Yes
No fee
No fee
Yes
No
No
No
Date is the date transaction is processed by the state.
Yes
Carriers can pay the invoice posted by the state on the NIPR portal.
No fees
No
No
Required (but ignored) and is the date transaction is processed by the state. Must not be in the future
After initial renewal period, a producer must have an appointment or won’t be eligible for renewal
No fee
Licensing in New York
Initial individual new license fee
$40
$80
License renewal fee:
$80
180 days before expiration
Birth date every 2 years based on year of birth
Applicants are exempt from exams if submitting within two years of a license expiration date
No
Yes
Residence, Business, and Mailing
Agency Licensing in New York
Optional
Yes
Yes
Businesses renew June 30 in odd years. Renewal starts 120 days prior to license expiration date until expiration date. No late renewal.
Yes
Independent and Emergency Adjuster Licensing in New York
Yes
No
N/A
AK, AR, AZ, CT, GA, ID, KY, LA, ME, MI, MN, MT, NC, NH, NM, NV, SC, UT, VT
AL, CA, DE, FL, IN, OK, OR, PR, RI, TX, WA, WV, WY
Licensing Fee (More than one year): $100 Licensing Fee (Less than one year): $50
Yes
Biennially, on Dec. 31st on even numbered years.
A temporary permit for 120 days max can be issued to a resident or nonresident adjuster to act as an independent adjuster on behalf of an authorized insurer for claims related to the emergency.
Continuing Education Requirements for New York Insurance Licensees
Here at Agenzee, we strive to provide accurate and up-to-date information on CE requirements for various states. While we take pride in our thorough research and expertise, we encourage our readers to conduct their own due diligence by consulting their state’s department of insurance for specific requirements. Remember, staying informed is key, and we’re here to support you on your journey to compliance!
Licensees must complete between 15 to 30 hours of continuing education every two years.
The renewal period is biennial, occurring every two years.
License renewal aligns with the licensee's birth date.
The license renewal year is determined by the licensee's year of birth.
Continuing education must be completed prior to license expiration.
The state sends a CE reminder 180 days prior to the expiration date.
No specific exemptions found.
A license in expired status can be reinstated by submitting a relicensing application. If the license has been expired for less than 2 years, you must meet all Continuing Education (CE) requirements to relicense. If the license has been expired for more than 2 years, you must re-qualify for the license.
Licensees must complete 1 hour of ethics training and 1 hour of insurance law training.
Three hours of CE training must focus on the National Flood Insurance Program (NFIP).
A one-time 6-hour course on LTC-specific topics is required.
Frequently Asked Questions on New York Insurance Licensing
Apply through the New York State Department of Financial Services' portal after completing all required pre-licensing courses and passing the licensing exam.
For a Property and Casualty Broker, the renewal fee is $80. Additional fees apply if CE is required.
No, a physical residential or business address is required for licensing purposes in New York.
New York
Adrienne Harris
New York State Department of Financial Services
