Auto Insurance Broker License Ny
Pc broker licenses are issued under section 2104 of the insurance law.
Auto insurance broker license ny. Examples are case sensitive so be sure to use both capital and lower case letters when necessary. The captcha technology above help us prevent automated programs from abusing this service. Please use the renew your license link at the bottom of this page. Education providers and monitors if you are a continuing education provider or exam monitor looking for resources related to registration renewals or filings please visit the insurance education provider section of our website.
However the broker should keep a copy for their records. New york insurance license exams. Insurance license search please type the letters you see above into the empty box below. The renewal for entities with licenses expiring october 31 2018 broker excess lines brokerlife broker are now available to renew.
If your status as an agent is currently inactive and has been inactive for more than 2 years you will not be eligible to renew until a licensed insurance company processes an appointment on your behalf. Note that the following wording has been added to the license. The next step after completing all of your pre license coursework is to take the insurance exam. Insurance prelicensing courses are provided by ad.
An insurance broker with the propertycasualty line is authorized to act as such with respect to any and every line of authority except life insurance and variable life and variable annuity insurance service contract registrants life settlement providers and life settlement intermediaries. If you would like to sell insurance in new york you must complete an approved line of prelicensing education and pass the state licensing exam. A license must be renewed prior to its expiration date or it will expire. Classroom web classes online courses or self study.
The general business law requires that an automobile broker business as defined by statute maintain a surety bond in the amount of 100000 to be filed with the department of state. It is the responsibility of automobile brokers to understand article 35 b of the general business law. Online license requests and duplicate license requests are not available. The license must be renewed prior to its expiration date or the license will expire.
If you are currently engaged in business as an automobile broker business prior to june 16 2018 you must obtain the appropriate surety bond and submit it to the ny department of state dos. Life accident health lah and property casualty pc are a total of four lines but the licenses and exams are presented at two combined lines. Dmv does not require a copy of the bond. You will take one exam for each combined line of insurance you wish to carry.