How To Become An Insurance Agent In Minnesota

How to Become an Insurance Agent in Minnesota

Getting your insurance license is the first step to becoming an insurance agent in Minnesota. Life insurance, car insurance, home insurance, or business insurance all require a license to sell in any state.

Follow our step-by-step guide to get your insurance license in Minnesota.

How To Get Your Insurance License In Minnesota


Step 1

Step 1. Which Types of Insurance Licenses Do You Need?


Depending on what type of insurance agent you want to be or what types of policies you need to sell, you will need to choose what type or types of insurance licenses you need to get.

These are examples of the types of insurance policies you can sell with each type of license:

Most insurance agents choose to get both of these licenses, but if you will only sell one type of policy then you just need to choose which license fits your needs.



Step 2

Step 2. Insurance Pre-License Education


After you’ve determined which licenses you need, you must now take your Minnesota 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 Minnesota requires twenty (20) hours of pre-license education. This means that if you wish to get a Property and Casualty license, you must take forty (40) hours of pre-licensing, and for Life, Accident, and Health you must also take forty (40) hours.  

You will receive a certificate upon completion of the course. Keep this certificate, as you will need it when taking your exam.

Recommended

For required insurance pre-license courses and exam prep, StateRequirement recommends:



Step 3

Step 3. Minnesota 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. Life, Health, & Accident (LH&A) and Property & Casualty (P&C) lines are combined exams in Minnesota, so you only have to take two tests if you wish to attain all of these lines of authority: Property, Casualty, 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 $50 (one exam per combined lines of authority). When you show up you must have a photo ID any other documents that the testing facility has asked you to bring.

The Life, Health & Accident exam consists of one hundred thirty-five (135) questions. You have one hundred eighty minutes to complete this exam.

The Property and Casualty exam consists of one hundred thirty-eight (138) questions. You have one hundred eighty minutes to complete this exam.

70% correct answers is the minimum passing score for each exam.

PSI Exams offers content outlines for each of the tests:

Minnesota Life, Accident & Health Insurance License Examination Content Outline

Minnesota Property & Casualty Insurance License Examination Content Outline

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 PSI Exams Minnesota Insurance page. PSI Exams provides more testing information in their Minnesota Insurance License Examination Candidate Information Bulletin.

Note: When contacting PSI Exams about your testing, also ask them about their fingerprinting services, as this is your next step.



Step 4

Step 4. Fingerprinting And Background Check


The State of Minnesota requires that all insurance license applications provide fingerprints prior to licensing. Giving your fingerprints will initiate a background check. If you have any prior misdemeanors or felonies, this may affect the outcome of your licensing efforts. For more information on this topic, call the Minnesota Department of Insurance at (651) 539-1600 or email the department.

Your fingerprint impressions will be taken through PSI Exams, so when you are scheduled to take an exam, have your fingerprinting done on the same day.

The fee for fingerprint services is $67.25. Your fingerprints will be submitted automatically to the Minnesota Insurance Department.



Step 5

Step 5. License Application


After you have completed your exams and fingerprinting, the next step is 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 per line, plus a $30 “tech fee.”

Apply for your license online on the Sircon Minnesota Insurance page.



Step 6

Step 6. Application Review


Once you have submitted your application and passed your exams, 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 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.

The license review will take up to ten (10) business days to complete. During this time, you should check with Sircon to see if your license has been issued. If it has, you may print it out. Use the Sircon Minnesota Insurance page.


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.







Minnesota Department Of Insurance Contact Information

Mailing Address:

Consumer & External Affairs
Attn: Licensing
Minnesota Department of Commerce
85 – 7th Place East, Suite 600
Saint Paul, Minnesota 55101

Phone: (651) 539-1600

Email: [email protected]

Website: http://mn.gov/commerce/industries/insurance/




Information on this page has been gathered by a multitude of sources and was most recently updated in October 2019.

Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. StateRequirement 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.