How To Become An Insurance Agent In South Carolina
Getting your insurance license is the first step to becoming an insurance agent in South Carolina. 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 South Carolina.
How To Get Your Insurance License In South Carolina
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 South Carolina insurance exams.
South Carolina 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. South Carolina 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. The Property line and Casualty line are combined as one exam. The Lifeline and Accident and Health line are combined as one exam as well.
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 combined exams is $45. When you show up you must have a photo ID any other documents that the testing facility has asked you to bring.
Each of the exams consist of one hundred fifty (150) questions. You have one hundred sixty-five (165) minutes to complete each test. The minimum score required to pass is 70% correct answers.
PSI Exams provides content outlines for each exam. Be sure to study them before you attempt the test:
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 PSI Exams South Carolina Insurance page. For much more information on testing, visit the PSI Exams South Carolina Insurance License Examination Candidate Information Bulletin.
Step 4. License Application
After passing your exams, the next step is to apply for your license. If you have more than one line of authority that you passed the test for, be sure to apply for all of those lines.
The fee for an online application is $25.
If you wish to add another line of authority at a later date, you will complete another application, and pay the same fee as the original.
Fill out your online application on the South Carolina NIPR page.
Step 5. Fingerprinting and Background Check
As of January 1st, 2017, the State of South Carolina 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 Department of Insurance at (803) 737-6160 or email the Insurance Department.
You must schedule your fingerprinting appointment with the IdentoGo. Be sure that they know that you are being fingerprinted for insurance licensing. Use the code: SC920124Z-DOI Producer Licensing/Renewal when prompted.
The fee for the fingerprinting is $50.50. When completed, you will receive a receipt and other documents. Send these documents to the department at [email protected]. The sooner you do this, the faster your background check will go through.
Step 6. 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 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.
After submitting your application, the background check will take a few days to complete. You will not receive any correspondence from the department unless they find an issue. You will need to use the South Carolina Insurance License Look-Up Tool to verify 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.
South Carolina Department Of Insurance Contact Information
South Carolina Department of Insurance
P.O. Box 100105
Columbia, South Carolina 29202
Phone: (803) 737-6160
Fax: (803) 737-6231
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.