A property casualty broker represents the insured and can place business with any New York authorized company that will accept it. Some companies will only accept business from appointed agents.
To qualify for a license, the licensing candidate must meet the following prelicensing requirements:
Complete a Department approved prelicensing education course totaling not less than 90 hours of instruction for the property casualty line of authority or not less than 40 hours for the personal lines authority.
Applications and Licensing
Pass, within 2 years of applying for the license, the licensing exam administered by PSI Services. Visit the Exam Vendor Information page for registration and scheduling instructions.
Licenses are issued for up to 2 years. Individual/tba licenses will be issued with an expiration date determined by the applicant’s date of birth:
If born in an even numbered year, the license will expire on the birthday in an even numbered year.
If born in an odd numbered year, the license will expire on the birthday in an odd numbered year.
All licensing fees are non-refundable. A full fee is charged when a license is issued for a licensing period of more than one year; a half fee is charged when a license is issued for a period of one year or less.
For New York residents the full fee is $80, half fee is $40.
NYS Department of Financial Services
1 State Street
New York, NY 10004-1511
41-3021 - Insurance Sales Agents
To learn more about this occupation search the Occupational Information Network (O*Net).
Fees stated and other information contained in this report are subject to change. Please contact the licensing authority listed above for the most current information.
This page was last updated on 2/23/21.
Thanks for the feedback! It will help us improve your experience.