How To Become An Insurance Agent In Wyoming
What Kind Of Agent Are You Going To Be?
A majority of people who are applying for their insurance license have a plan in already in place of where they are going to use it. If you don't yet have a plan on how you will be using your insurance license, this is the place to start. Here are some of the questions that you should ask yourself:
- What type of insurance am I going to sell?
- Am I starting my own agency, or working inside of an existing agency?
- It may depend on how your agency is set up to tell you what type of licenses you need to hold.
- What types of licenses does my company require me to hold?
Answering these questions should give you tell you the types of insurance licenses you need. If you are still unsure of which lines to pursue, you can always ask the folks in the state licensing office at 307-777-7319 or email the department.
How To Get Your Insurance License In Wyoming
The first step in getting an Wyoming insurance license is passing your license exam. So why do we say the first step is pre-exam education? The answer is simple. We want you to pass your test the first time you take it. These courses or study materials are not a required step in getting your insurance license, but they are highly recommended.
Most applicants choose to take these courses online, as it fits their schedule better, but there are also in person courses available. You should choose which format in which to take your courses based on your preferred method of learning. The goal isn't just to get the courses out of the way, it's to prepare you to pass your license exam on the first attempt.
StateRequirement recommends Kaplan Education Company for all pre-license education courses.
For a list of approved pre-exam study prep providers, use the Wyoming Insurance Study Material Provider page.
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 and Casualty lines are combined into one exam. The same is true for the Life and Accident, Health, Sickness, and Disability 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 $113. When you show up you must have a photo ID any other documents that the testing facility has asked you to bring.
Each exam is broken down into two sections: general knowledge and state specific. They each contain one hundred thirty-five (135) questions.
Pearson Vue offers content outlines for each of the exams. Be sure to study them before you attempt the test.
To explain the scoring, we will quote the Pearson Vue Wyoming Insurance Licensing Candidate Handbook:
There are multiple versions of each of the licensing examinations. These versions are known as forms. All forms of an examination are developed based on the content outlines. To ensure that no candidate is put at an unfair advantage or disadvantage due to the particular form of an examination that he or she is given, a statistical procedure known as equating is used to attain comparable form difficulty.
The passing score of an examination was set by the Wyoming Insurance Department (in conjunction with Pearson VUE) after a comprehensive study was completed for each examination. You need to answer 70% of questions correctly in order to pass the examination."
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 and find more information on the Pearson Vue Wyoming Insurance page.
After you have completed your exams, the next step is to apply for your license. If you have more than one line of authority that you have took the education for, be sure to apply for all of those lines.
The fee for an online application is $100 for Property and Casualty, and $100 for Life and Accident, Health, Sickness, and Disability. There is also a fee of $39 for the fingerprinting that you will pay with the application.
Apply for your license online with the Sircon Wyoming Insurance website.
Fingerprinting And Background Check
The state of Wyoming 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 307-777-7319 or email the department.
After submitting your application, the license department will send you a fingerprint packet with instructions on how to complete the fingerprint requirement.
You will take this packet to your nearest law enforcement agency. They will perform the fingerprinting, and may charge a fee for doing so. After you complete your appointment, you will send the completed packet back to the license department.
The fee for fingerprint services is $39, but you paid this fee with your license application.
License Application Review
Once you have submitted your application and passed your exams, 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.
It normally takes about two weeks for the review of your application to be completed. When your license is issued you will receive a confirmation email from Sircon. The license department will also send you a hard copy of your license in the mail, but you don't need to wait for this to transact business.
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.
Information on this page has been gathered by a multitude of sources, and was most recently updated in May 2018.
Any Information on this site is not guaranteed or warranted to be correct, accurate, or up to date. Huge Hammer LLC 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.