How To Renew Your Insurance License In New York
Updated: March 19, 2021
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Updated: March 19, 2021
|In New York, insurance licenses expire every two years. Licenses can be renewed up to 180 days prior to the expiration of the license.
There is no requirement to take another exam from the state, though depending on the format of your continuing education, it is possible that you may take a short knowledge test at the end of the course to be sure that you understand important insurance concepts, laws, and regulations.
If this is the state you reside in, then renewing your license will also keep any non-resident license you have in good standing. You will still need to pay the license renewal fee for non-resident licenses held in other states.
The State of New York requires that resident individual licensees complete fifteen (15) credit hours of continuing education every two-year renewal period. You may take any course that is approved for your specific class of license.
If you have a producer license in more than one line of authority (ex. Property & Casualty and Life & Health), you do not need to complete double the hours.
You may take your continuing education courses either in person in a classroom setting or online as a self-paced course. The online courses usually require a reading of the subject at hand, then a test at the end.
Upon completion of these courses, the company who you took the course should send the certificate of completion directly to the state. You should, however, print a copy of this certificate to keep in your records just in case there is a dispute later.
After you have completed your continuing education and you are within 90 days of your license expiration, you may renew your New York insurance license online by using the License Renewal application available through the New York State Department of Financial Services Portal.
There is a fee of $80 per application to renew your license.
Once this process is complete, your license will be renewed.
If you don’t know your insurance license number, you can inquire online through the New York State Department of Financial Services Producer/Licensee Search.
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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: [email protected]
Website: https://www.dfs.ny.gov
Information on this page has been gathered by a multitude of sources and was most recently updated in January 2021.
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