How To Become An Insurance Adjuster In Oklahoma
What Kind Of Insurance Adjuster Will You Be?
There are four main types of insurance adjusters: staff adjuster, independent adjuster, catastrophe adjuster, and public adjuster.
Each of these positions accomplishes essentially the same task: assess the damage to property brought about by some event and make an evaluation of what monetary value the insurance claim should carry.
The big difference between these different types of adjusters is who pays them, and in the case of the public adjuster, who they are advocating for. Staff, independent, and catastrophe adjusters all require the same type of license, while a public adjuster license is a little different in its specifications.
- Staff Adjuster – Works directly for an insurance company
- Independent Adjuster – Works for a third-party company who performs insurance adjuster work and is contracted by an insurance company
- Catastrophe (CAT) Adjuster – An independent adjuster who travels to an area that has been largely affected by an event (usually severe weather) and performs claims adjuster services en masse
- Public Adjuster – Is an advocate for the insurance customer, not the insurance company (requires a different type of license)
This article will cover a standard insurance claims adjuster license (sometimes known as an independent adjuster license), not a public adjuster license.
How To Get Your Insurance Adjuster License In Oklahoma
Step 1. Adjuster Pre-Exam Education
Preparation for this exam is not something to take lightly, as the average pass rate of insurance exams nationwide is around 55% for first-time test-takers, and even less for any following attempts. We want you to pass your test the first time you take it.
Studying for this exam can take many different forms. The most common way to get prepared is to take an online study course. These courses are generally comprised of video and text with short knowledge quizzes to make sure you have a comprehensive understanding.
A slightly more minimal approach would be to purchase a state-specific study guide. These guides give you all of the facts that you need to pass the exam and maybe a bit less expensive than a course. They are, however, quite long and densely packed books, so be sure you are ready to tackle this task.
You should choose the method that fits best for you. Some people learn best out of a book, while others take in information better through video and short text. Remember, the goal is to pass your exam on the first attempt, so pick your best path forward and study hard.
Step 2. Oklahoma Insurance Adjuster License Exam
The next step after completing all your coursework is to take and pass the Oklahoma Insurance Adjuster License exams. Depending on the lines of authority you wish to carry, you may need to take more than one exam.
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. When you arrive at the exam location you must have a photo ID any other documents that the testing facility has asked you to bring.
Oklahoma offers Property and Casualty – Motor Vehicle Included Adjuster line, Casualty Only Adjuster line, Crop and Hail Adjuster line, Crime and Fidelity Bonds Adjuster line, Property Adjuster Only – Motor Vehicle Included and Workers’ Compensation Adjuster line.
- The Property and Casualty Adjuster – Motor Vehicle Included license exam consists of eighty-five (85) questions, and you have two hours and twenty-five minutes (2:25) to complete it.
- The Casualty Only Adjuster Include license exam consists of thirty-five (35) questions, and you have one hour (1:00) to complete it.
- The Crop and Hail Adjuster Include license exam consists of thirty-five (35) questions, and you have one hour (1:00) to complete it.
- The Property Adjuster Only – Motor Vehicle Included license exam consists of fifty (50) questions, and you have two hours and twenty-five minutes (2:25) to complete it.
- The Workers’ Compensation Adjuster license exam consists of thirty-five (35) questions, and you have one hour (1:00) to complete it.
An outline of included subjects for these exams can be found here:
- Prometric Oklahoma Property & Casualty Adjuster- Motor Vehicle Damage Included (1930)
- Prometric Oklahoma Casualty Adjuster Only (1931)
- Prometric Oklahoma Crop and Hail Adjuster (1932)
- Prometric Oklahoma Property Adjuster Only with Motor Vehicle Included (1934)
- Prometric Oklahoma Workers’ Compensation Adjusters (1935)
Each attempt of the exam costs $20 and will be paid when you make your reservation.
To explain the scoring of the exam, we will quote the Prometric Oklahoma Insurance Department Licensing Information Handbook
At the end of the exam, you will see a completion notice on the screen. A copy of your score report will be emailed to the email address you provided at the time of scheduling. The report indicates the overall score and grade, including the numerical percentage of questions answered correctly and whether you passed or failed.
The report also displays the correct percentage in each major section of the exam, as defined by the exam content outline. These section scores are shown to guide you, or your employer and/or trainer, about areas requiring additional preparation for retesting if you do not pass the exam. Even after you pass, you may want to focus on these areas as you begin to provide insurance products and services to the public.”
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.
You may register to take your exams and find more information on the Prometric Oklahoma Insurance page or by calling Prometric at (888) 597-8223.
Step 3. Oklahoma Insurance Adjuster License Application
Once you have completed all your coursework and passed the exams, you are now ready to apply for your license.
The fee for an online application is $30.
Apply online with the Oklahoma Insurance Adjuster License Application.
Step 4. Application Review
Once you have submitted your application and have completed all the other requirements, your license application will be reviewed by the state. This process generally takes about five (5) business days. Depending on the results of your background check, the Department of Insurance may request more information or documentation.
After the review is complete, you will receive an email from the state regarding the status of your license. You may also check the status of your license application on Oklahoma License Lookup.
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.
Oklahoma Department Of Insurance Contact Information
Oklahoma Insurance Department
Five Corporate Plaza
3625 Northwest 56th, Suite 100
Oklahoma City, Oklahoma 73112
Phone: (405) 521-2828
Fax: (405) 521-6635
Email: [email protected]
Information on this page has been gathered by a multitude of sources and was most recently updated in August 2020.
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. StateRequirement is not affiliated with any state, government, or licensing body. For more information, please contact your state's authority on insurance.
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