Keeping your New York adjuster license in good standing with the state is simple. This article gives a step-by-step guide on how to apply for your New York adjuster license renewal and complete your continuing education requirements in the state of New York.
How to Renew Your New York Insurance Adjuster License
New York adjuster license renewal is required of all license-holders every two (2) years before the expiration date. The expiration date of your license is set as the last day of your birth month.
If you were born in an even-numbered year, then your license will need to be renewed in even numbered years. If you were born in an odd numbered year, then you will renew in odd numbered years.
Example
If you were born on July 7th, 1986, and got your New York adjuster license in 2019, your first expiration date would be on July 31st, 2020. After that, your next renewal period would be a full two (2) years, ending on July 31st, 2022.
Your license expiration date is not affected by the date in which you originally obtained your license. With that being the case, your first renewal period may not be a full two years.
Follow these simple steps to renew your New York adjuster license:
Step 1. Complete Your New York Adjuster Continuing Education
In New York, you are not required to complete hours of continuing education (CE) to upkeep your adjuster license.
Your continuing education hours are completed by taking adjuster CE courses. These courses are generally held online and taken on a self-paced basis.
Recommended Course
For New York insurance adjuster continuing education courses, StateRequirement recommends:
There are some instances where you may find in-person continuing education courses available, so find what suits you best and get your hours in before your expiration date.
It’s best to finish your continuing education courses at least a week before your expiration date. This will give the CE company time to report your hours to the New York Department of Insurance.
Most CE providers use your license number and NPN number to automatically report your CE hours to the state. If you take an in-person course or an online class from a lesser-known company, be sure to ask if they report your hours when your course is completed.
If you’re not sure what your license number or NPN number is, use the New York Insurance License Lookup tool.
Step 2. Apply for Your New York Adjuster License Renewal
After you have completed your adjuster continuing education, you will renew your New York adjuster license online through an application on New York Insurance Department’s website.
There is an $80 fee to renew your New York adjuster license.
After you complete your renewal application, the New York Insurance Department will email you once your license renewal has been approved or if you need to submit other documents.
You are not required to retake the adjuster license exam on renewal, although your continuing education course may require you to take a short knowledge quiz to complete your CE hours.
Renewal After Expiration
If you find yourself in a situation where your expiration date has passed, but you haven’t yet renewed, you may still be able to renew. This comes down to how much time has lapsed since your expiration date.
Within 30 Days
If you complete your continuing education and renewal application within 30 days after your expiration date, you will only need to pay the $80 renewal fee, plus a $40 late penalty fee, for a total of $120 in fees.
Over 30 Days
If your license is not renewed by the last day of your birth month or your 30 day grace period the license will then expire and have a 365 day reinstatement period from the last day of your birth month with a $120 fee.
All adjuster continuing education must be provided by a state-approved education company. We recommend Kaplan Education Company to help you fulfill your adjuster CE requirements.
New York Department of Insurance Contact Information
Mailing Address:
New York State Department of Financial Services–Main Office
One State Street
New York, New York 10004-1511
Phone: (800) 342-3736
Email: Licensing@dfs.ny.gov
Website: https://www.dfs.ny.gov/
New York Insurance Adjuster Renewal FAQ
How do I renew my insurance adjuster license?
All states regulate licensing for all insurance adjusters and insurance agents. The requirements for each state vary, but they have similar steps and processes that apply to all adjusters (whether you’re working as an independent adjuster, public adjuster, or are employed by an insurance company). See the steps above for a detailed adjuster license renewal process in your state.
Do insurance adjuster licenses expire?
Yes. The deadline for renewal varies by state. So it’s best to know your state’s requirements, such as completing your continuing education (CE) courses and when to pay your renewal fees, to ensure your license remains valid.
How much does it cost to renew my insurance adjuster license?
New York will charge a fee to renew your insurance adjuster license. The renewal fee is $80. You can pay renewal fees online via credit or debit card using the state’s renewal service, or by mail via check or money order.
What states have reciprocity for adjuster license?
Once you complete your initial adjuster license requirements, you can apply for reciprocity in other states. In insurance licensing, this is a common move since you may also need to work out-of-state. However, you still need to follow your state’s adjuster license renewal guideline in New York. Many states that offer reciprocity will accept CE and renewal documents from your licensing state without requiring additional licensing documentation or fees.
Do I need to take an exam to renew my adjuster license?
You only need to pass the insurance adjuster exam as a pre-licensing requirement. To renew your adjuster license, you will need to take CE courses and pay renewal fees as required by New York.