How To Become An Insurance Agent In South Dakota
Getting your insurance license is the first step to becoming an insurance agent in South Dakota. 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 Dakota.
How To Get Your Insurance License In South Dakota
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 Dakota insurance exams.
South Dakota 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 Dakota Insurance License Exams
The next step after completing all of your pre-exam 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 and Casualty lines are combined as one exam, as is the Life, Accident, and Health or Sickness lines.
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
- Life & Accident and Health or Sickness: $95
- Property & Casualty: $95
- Life: $85
- Accident and Health or Sickness: $85
- Property: $85
- Casualty: $85
When you arrive you must have a photo ID any other documents that the testing facility has asked you to bring.
Each of the tests consists of one hundred fifty (145) questions, and you have two hours and thirty minutes (2:30) to finish them. The minimum score to pass the exams is 70% correct answers.
Pearson Vue provides content outlines for each of the exams. Be sure to study them before you attempt the tests.
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.
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 Pearson Vue South Dakota Insurance page. For much more information on testing, refer to the Pearson Vue South Dakota Insurance Licensing Candidate Handbook.
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 $25, plus a transaction fee from Sircon.
If you wish to add a line of authority to your license at a later date, you will only need to pay the Sircon fee.
You must wait five (5) 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.
Fill out and submit your online application on the Sircon South Dakota 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.
After submitting the application, the licensing department will receive it from Sircon within a few hours. If there are no questions, then your license will be issued right away. You will get an email from the department with verification when the process is complete.
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.
After Licensing, What's Next?
Now that you have your license, use the StateRequirement Job Board to find the opening to your new career.
South Dakota Department Of Insurance Contact Information
Division of Insurance
124 South Euclid Avenue 2nd Floor
Pierre, South Dakota 57501
Phone: (605) 773-3513
Fax: (605) 773-5369
Email: [email protected]
Ready for more?
- Get tips and tricks to ace your insurance exam | How To Pass The Insurance Exam
- Take a pre-license course to prepare for the test | Kaplan Pre-License Course
- Get 10% off your pre-license or continuing education course | Insurance Pre-License Course Coupon
- Learn what it takes to become an insurance agent | How to Become an Insurance Agent
- Learn about securities licensing for insurance agents | Securities Licensing
- Find CE requirements for insurance agents | Insurance Continuing Education
- Looking for a new position? Check out StateRequirement Jobs - a job board just for insurance professionals | Insurance Job Board
Information on this page has been gathered by a multitude of sources and was most recently updated in September 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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