If you are interested in the insurance market and want to make your first steps in the insurance business, then you should consider getting a license.
To obtain an insurance license in the state of Oregon, you must complete some requirements on the licensing way.
If you want to verify an insurance agent, you are on the right path. Always make sure you work with a licensed agent so that you make a deal with a reliable individual or company.
To verify an insurance license, follow this link. There you must fill in the required data (Jurisdiction, Search Type). Once you fill in the information, you can click on the “search button”.
The online tool will give you the needed information on the insurance agent or insurance company, including the number and status of the license.
The state of Oregon requires future insurance agents to complete pre-license education to be eligible to apply for an insurance license. Thus, you should correspond with those standards and complete the following hours of pre-license courses:
You can complete these hours by attending a pre-license course. The courses are available to take in classroom (the traditional way) or online. Nowadays, most applicants prefer online courses as they fit into their busy schedules and are more convenient to take. Nevertheless, the choice of the studying method is up to you.
When you finish the courses, the course provider will give you the Certificate of completion. The latter is necessary for license application.
After obtaining pre-license education, it is time to demonstrate what you have learnt the whole time. To put it differently, you should take and pass the Oregon Insurance exam.
Note that you must take one exam for each desired line of authority.
For the exam, you will have 160 minutes to answer all of the questions. Make sure you get at least 70% of the questions correct to pass the licensing exam.
The examination will take place in a controlled environment as there will be a proctor watching over you. Please bring a primary ID with you on the examination day so that they can identify you.
Click here to schedule an insurance exam. You should pay $45 for each line and $55 for combined lines.
You will have your fingerprints taken on the examination day when you pay the fingerprinting fee. The fee for fingerprinting is $56.25.
Your fingerprints will initiate the background check process.
After passing the state licensing exam, you are eligible to apply for the insurance license. You can apply online here.
Do not forget to apply for all the lines of authority that you took the exam for.
The application fee is $75, but you will have to pay additional $75 for any application amendments.
Oregon Insurance Division
350 Winter St NE
Salem, OR 97301-3883
P.O. Box: 14480
Salem, OR 97309-0405
In the state of Oregon, you must renew the insurance license every two years. The insurance license is due to expire from the month the license was first issued on the last day of the month.
90 days prior to the expiration date, you will receive email notification about the upcoming renewal.
You can renew the insurance license here. The renewal fee is $45 if you renew on time. On the other hand, you will need to pay $90 if you are late.