How To Become An Insurance Agent In Iowa

Iowa

What Kind Of Agent Are You Going To Be?

A majority of people who are applying for their insurance license have a plan in already in place of where they are going to use it. If you don't yet have a plan on how you will be using your insurance license, this is the place to start. Here are some of the questions that you should ask yourself:

  • What type of insurance am I going to sell?
  • Am I starting my own agency, or working inside of an existing agency? 
    • It may depend on how your agency is set up to tell you what type of licenses you need to hold.
  • What types of licenses does my company require me to hold? 

Answering these questions should give you tell you the types of insurance licenses you need. If you are still unsure of which lines to pursue, you can always ask the folks in the state licensing office at 515-281-7757 or email the Insurance Department.

How To Get Your Insurance License In Iowa

  Pre-Exam Education

The first step in getting an Iowa insurance license is passing your license exam. So why do we say the first step is pre-exam education? The answer is simple. We want you to pass your test the first time you take it. These courses or study materials are not a required step in getting your insurance license in Iowa, but they are highly recommended.

Most applicants choose to take these courses online, as it fits their schedule better, but there are also in person courses available. You should choose which format in which to take your courses based on your preferred method of learning. The goal isn't just to get the courses out of the way, it's to prepare you to pass your license exam on the first attempt.

StateRequirement recommends Kaplan Education Company for all pre-license education courses.

Iowa does not have a list of pre-exam education providers, but the best way to find a provider is to search the Sircon Iowa Education Search Tool and speak to some of the education providers about pre-exam education.

 Insurance License Exams

The next step after completing all of your pre-license coursework or self-study is to take the insurance exam. You will take one exam for each line of insurance you wish to carry.

The state of Iowa and Pearson Vue allow for back-to-back exams in Iowa. This means that you can schedule exams for "like lines" together, and only pay the fee for one. Like lines are Property and Casualty, and the other is Life and Accident & Health.

This is a proctored test, which means that you will be in a controlled environment with a person watching over 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 $69 . When you show up you must have a photo ID any other documents that the testing facility has asked you to bring.

The Life Insurance exam consists of seventy-seven (77) questions.

The Accident & Health exam consists of eighty (80) questions.

The Property exam consists of eighty-three (83) questions.

The Casualty exam consists of eighty-five (85) questions.

Each of the exams is broken down into two sections: general knowledge and Iowa specific. Be sure to study the Pearson Vue Iowa Insurance Exam Content Outlines.

To explain scoring of this exam, we will quote the Pearson Vue Iowa Insurance Licensing Candidate Handbook,

 

"Score Reporting

When candidates complete the examination, they will receive a score report marked “pass” or “fail”. Candidates who pass the examination will receive a score report that includes information on how to apply for a license. Candidates who fail the examination will receive a score report that includes a numeric score and diagnostic information relating to both the general portion and state portion of the examination, as well as information about reexamination. Reservations for reexamination are not made at the test center, and candidates must wait twenty-four (24) hours before making one."

 

Check out our Insurance Exam Guide. It's extremely in-depth, and will hopefully help you pass the first time.

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.

Note: 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.

You may register to take your exams and find more information on the Pearson Vue Iowa Insurance page.

 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 $50, and NIPR will charge a $5 transaction fee for a total of $55.

You must wait two to three (2-3) business after passing the exam to fill out the application. This will allow the system to offer you the correct lines of authority to apply for.

If you wish to add another line of authority to your license at a later date, you will only pay the $5 NIPR fee.

Fill out and submit your online application on the NIPR Iowa website.

 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 initiated by the application will also be reviewed.

If everything is to acceptable standards your license should be issued quickly. 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.

After submitting the application, you won't receive any correspondence from the state regarding your license. The instructions we received from the license department were to wait a couple of days, then look up your license number with the State Based Systems Iowa License Lookup Tool. This is also where you will go to print your license.

Congratulations!

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.

Iowa Department Of Insurance Contact Information

Mailing Address:

Iowa Insurance Division
Attn: Licensing
601 Locust St. - 4th Floor
Des Moines, IA 50309-3738
Phone: 515-281-7757
Fax: 515-281-3059
Email: producer.licensing@iid.iowa.gov
Website: http://www.iid.state.ia.us

Information on this page has been gathered by a multitude of sources, and was most recently updated in August 2017.

Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. Huge Hammer LLC and its members and affiliates are not responsible for any losses, monetary or otherwise. For more information, please contact your state's authority on insurance.

Disclosure: StateRequirement has an affiliation with Kaplan Education company, and may receive compensation based on user activity on this site. We truly believe that Kaplan offers excellent products and services, and compliments the mission of StateRequirement.