How To Become An Insurance Agent In Oklahoma
Getting your insurance license is the first step to becoming an insurance agent in Oklahoma. 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 Oklahoma.
How To Get Your Insurance License In Oklahoma
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:
- Property & Casualty Insurance License – Car Insurance, Home Insurance, Business Insurance, etc…
- Life & Health Insurance License – Life Insurance, Annuities, Health Insurance, etc…
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. Insurance Pre-Exam Education
After you’ve determined which licenses you need, it’s time to begin studying for the Oklahoma insurance exams.
Oklahoma does not require you to take a certain amount of pre-license credits before testing. This means that studying for your exam is 100% up to you.
Most folks choose to take an insurance pre-license course online. These courses are created specifically to give you the skills you need to pass the test. Others purchase books or other self-study tools to prepare themselves.
It’s wise to take a week or so to dedicate to your study of this exam. If you don’t feel as though you’re a strong test taker, take a little longer, but don’t let it drag out for long. We want you to pass your test the first time you take it, and we know that you can do it.
Step 3. Oklahoma 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 combined line of insurance you wish to carry.
There are two Property and Casualty exams available to take. One includes personal and commercial lines, the other just includes personal lines. Be sure you take the exam that covers all of the coverage situations that you will face in your position.
Life, Accident, and Health are also combined into 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.
The fee for each attempt of the exams is $41. When you arrive you must have a photo ID any other documents that the testing facility has asked you to bring.
Each exam is split into two portions: General Knowledge and State Specific. The minimum score to pass is 70% correct answers.
For much more information on the exams, reference the Prometric Exams Oklahoma Insurance Examinations Candidate Information Bulletin. This document also includes Oklahoma Insurance License Exam Content Outlines.
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 on the Prometric Exams Oklahoma Insurance page.
Step 4. 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 $60 plus a small service charge.
You must wait three (3) business days 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 a line of authority to your license at a later date, there will only be a $5 NIPR fee.
Fill out and submit your online application on the NIPR Oklahoma page.
Step 5. 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.
The review process should take about five (5) days to complete. After this time you should receive an email from the state with verification that your license has been issued.
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 73112-4511
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 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.