Getting your Colorado insurance license is the first step to becoming an insurance agent in Colorado. Whether you’re interested in selling property and casualty insurance, life insurance, health insurance, or any combination of those lines of authority, this article has the information you need to get started.
The Colorado Division of Insurance has a 5-step process on how to become an insurance agent in Colorado. We’ll walk you through step-by-step; from the license application to general insurance concepts included in the Colorado licensing exam, and beyond.
This guide has everything you need to know to get your CO insurance license quickly and easily.
Recommended: Interested in getting started? We recommend using Kaplan’s online study packages, which come with a 93% pass rate.
How to Get Your Colorado Insurance License
Getting your insurance license in Colorado is easy! Just follow our step-by-step guide. Be sure to bookmark this page so that you can visit it again throughout this process.
Step 1. Which Insurance Licenses Do You Need?
The first step to getting your insurance license is choosing which licenses you need. The most common licenses new insurance agents get are the property & casualty license (P&C), life and health insurance license (L&H).
The types of insurance products and policies you’ll be selling will determine which licenses you need. Here are some examples of the types of policies you can market with each license:
- Property and Casualty Insurance License – Auto Insurance, Home Insurance, Business Insurance, etc…
- Life and Health Insurance License – Life Insurance, Annuities, Medicare, Health Insurance, etc…
Most insurance agents and producers choose to get both P&C and L&H licenses, but if you plan on specializing in only one category then you don’t need every license.
Step 2. Colorado Insurance Pre-License Education
After you’ve determined which licenses you need, you must now take your Colorado insurance pre-license education courses.
Most folks choose to take their insurance pre-license course online. These courses are created specifically to give you the skills you need to pass the test. The types of licenses you choose (also known as “lines of authority”) will determine which courses you take.
Each line of authority in Colorado requires fifty (50) hours of pre-license education. This means if you are going to get all four lines, you will need two hundred ten 210 hours of education prior to testing.
You will receive a certificate upon completion of the course. Keep this certificate, as you will need it when taking your exam.
Colorado requires that you must complete ten (10) hours in the following subjects once (not per line)
- Principals of Insurance: 3 hours
- Legal Concepts and Regulations: 4 hours
- Ethics: 3 hours
Over 81% of our readers use Kaplan’s online courses — which come with a 93% pass rate — when preparing for their insurance license exam(s). For comprehensive study packages, StateRequirement recommends:
Step 3. Colorado Insurance License Exam
The next step after completing all of your pre-license coursework is to take the insurance exam. You will take one exam for each line of insurance you wish to carry. Life, Accident, & Health (LA&H) and Property & Casualty (P&C) are a total of four lines. Pearson VUE in Colorado offers these four exams in two “back to back” exams, so you will essentially take four tests, but if you pass them on your first try, you will only have to sit for exams twice. This option does not shorten the exams, but it does allow you to save the fee for one exam sitting.
You must pass your exams within one year of completing your pre-license education course. Colorado offers what is called “partial pass” for these exams. This means that if you take one of the exams and pass one part, but not the other, you will receive a waiver for the parts that you have passed on the next attempt at the exam.
This is a proctored test, which means that you will be in a controlled environment with a person watching you. For people who haven’t tested in a situation like this should be aware of this fact, and work on taming their nerves prior to sitting for the exam.
The fee for each attempt of the exams is $41 for each “back-to-back producer exam” (P&C and LA&H). When you show up you must have a photo ID and the original pre-license education certificate. Each “back-to-back” exam will be four (4) parts. An outline of each exam is available on this Pearson VUE PDF.
To explain the scoring of this exam, we will quote Pearson VUE:
The passing score of an examination was set by the Division (in conjunction with Pearson VUE) after a comprehensive study was completed for each examination. Raw scores are converted into scaled scores that can range from 0 to 100. To avoid misuse of score information, numeric scores are only reported to fail candidates. The scaled score that is reported to you is neither the number of questions you answered correctly nor the percentage of questions you answered correctly. Any score below passing score indicates how close the candidate came to passing, rather than the actual number or percentage of questions the candidates answered correctly.
Check out our Insurance Exam Guide. It’s extremely in-depth, and will hopefully help you pass the first time.
Looking for a guide to passing the insurance exam in Colorado? Check out our Colorado Insurance License Exam article.
Insurance license tests are intentionally difficult, but not impossible by any means. You should study to the point of comfortability with the information before you attempt the test. Failing the exam isn’t the end of the world, but keep in mind that you will need to pay the fee each time you attempt the test.
StateRequirement recommends that you study for one exam at a time, then after passing, starting on your next line. The exams are difficult enough on their own without confusing information from one line to another. Check out our review of the Kaplan Insurance Course.
You may register to take your exams and find more information on the Pearson VUE Colorado website.
Step 4. Colorado Insurance License Application
Once you have completed your exams, you are now ready to apply for your license. If you have more than one line of authority that you have passed the exam for, be sure to apply for all of those lines.
The fee for an online application is $89 plus a $5 NIPR service fee for a total of $94 per line of authority. Even if you took your pre-license education and the “back to back” exams as combined lines, Property, Casualty, Life, and Accident & Health are counted as four (4) separate lines when applying.
Fill out your online application on the Sircon Colorado web page.
Step 5. Application Review
Once you have submitted your application and have filled all the other requirements, your license application will be reviewed by the state. Your background check will also be reviewed.
If everything is to acceptable standards your license should be issued within three (3) days. If there are any items from your background check that need to be reviewed, it may slow down the process of issuance. If this is the case, the state may contact you to provide context to the issues that they have run into.
You should receive an email informing you of your license acceptance. If three (3) days pass after submitting your application and you haven’t received an email, contact the Colorado Insurance License Office at (303) 894-7499.
You may look your license up yourself in the Sircon Colorado License Lookup Tool
You’ve done the work, put in the time and effort, and now hold the key to your own success! We’re proud of you. Take five (5) minutes and celebrate.
After Getting Your Colorado Insurance License
Once you’ve passed your exams and completed the licensing application, you are now a licensed insurance agent in Colorado. A common question we hear is, “I have my insurance license, now what?” Here are a few things you can do or need to know:
- Get a job in the insurance field. Check out StateRequirement’s Insurance Jobs board
- If you’re going to sell advanced life insurance products, you’ll need to have the proper securities licenses. The Series 6, Series 7, and Series 63 are the most common among insurance agents, but you’ll need to begin with the SIE (Securities Industry Essentials) exam. Find out which licenses you need with our Securities Licensing Guide
- Every two years, you’ll need to renew your insurance license. Check out our guides on Colorado Insurance License Renewal and Colorado Insurance Continuing Education for more details
- Learn how to market yourself as an insurance agent: Have a look at our Insurance Agent Marketing article
- Interested in learning how successful life insurance agents operate? Check out our How Do Life Insurance Companies Make Money article
Colorado Department of Regulatory Agencies Contact Information
Division of Insurance
1560 Broadway, Suite 1350
Denver, Colorado 80202
Phone: (303) 894-7499
Fax: (303) 894-7693
License Search: Colorado Insurance License Search and Lookup
Colorado Insurance License FAQ
How long is the insurance license period in Colorado?
Learn how to get an insurance license renewal here: Colorado Insurance License Renewal.
How long does it take to get an insurance license in Colorado?
In Colorado, it typically takes between two and eight weeks to navigate the insurance licensing process. Expect to spend the bulk of this time studying for your Colorado insurance exam, though different people will need different amounts of time to prepare. For guidance on the Colorado insurance exams, we recommend checking out our guide on How to Pass the Insurance Exam.
How much does the Colorado insurance license cost?
The total cost for your insurance course, application, and exam will normally end up being around $375. However, it can become a little more expensive if you don’t pass the actual state licensing exam the first time, as each subsequent attempt will cost an additional $48.
How do I get a life insurance license in Colorado?
To get your Colorado life insurance license, you’ll need to complete a state-approved pre-licensing education course, pass the relevant insurance licensing exam, and then submit an application with the associated fee. For more information on the licensing process, we recommend you check out our Colorado Insurance License article.
How do I get a property and casualty license in Colorado?
There is a similar licensing process for applicants hoping to obtain a property and casualty license in Colorado. In this state, individuals once again must finish the required pre-licensing education, clear the property and casualty certification exam, and then apply with the exam fee.
Do I need business insurance in Colorado?
If you are operating a business based in Colorado, you will likely need at least some form of insurance in order to operate legally, let alone safely. For example, a common requirement of businesses with employees is workers’ compensation insurance — this provides protection to both the business and its workers.