Jane Dotson
If you're looking to become an insurance agent in Nevada, you'll need to obtain a Nevada insurance license. This process involves several steps, including deciding on the type of insurance policies you want to sell, completing pre-licensing education (not mandatory but recommended), taking and passing the relevant Nevada insurance license exam, and applying for your license. Nevada has specific requirements and a high passing score requirement, so investing in a good pre-licensing course is critical to increase your chances of passing the exam on your first attempt. Once you have your license, you'll be able to work for an insurance company or as an independent broker.
| Characteristics | Values |
|---|---|
| License | A Nevada Resident Producer license is required. |
| Previous license | If you have a previous state resident license, it must be surrendered within 30 days of obtaining the Nevada license. |
| License transfer | It is not possible to transfer or convert a license from one state or type to another. |
| Licensing exam | A state licensing exam must be passed with a score of 70% or higher. |
| Exam provider | Exams are provided by Pearson VUE and are multiple-choice. |
| Exam content | The exam covers general insurance product knowledge and Nevada-specific insurance laws, rules, regulations, and practices. |
| Exam duration | The exam duration ranges from 2 hours to 3 hours and 35 minutes, with 90-159 questions. |
| Exam fee | There is a $37 fee for single-line exams and a $47 fee for combo exams. |
| License application | The application must be submitted online through Sircon, and a transaction fee may apply. |
| Fingerprints | Digital fingerprint impressions and a criminal history background report are required. |
| Continuing education | 30 hours of continuing education, including 3 hours of ethics, are required every 3 years for license renewal. |
| License types | Common license types include Property and Casualty (P&C) and Life and Health. |
| License cost | The total cost depends on the number of exams taken. |
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What You'll Learn
Nevada insurance license exam
To become a licensed insurance agent in Nevada, you must pass a state licensing exam with a score of 70% or higher. The exam is administered by Pearson VUE and covers both a general section with basic insurance product knowledge and a state-specific section with insurance laws, rules, regulations, and practices unique to Nevada. The exam is multiple-choice and typically includes 90–159 questions, although the number can vary from 60 to 170 depending on the line of insurance being tested. For example, the Nevada Life insurance exam has 97 questions, while the Life & Health insurance exam has 170. The exam will take between 2 hours and 3 hours and 35 minutes to complete.
Pre-licensing education is not required in Nevada, but it is highly recommended that you complete an exam prep course to increase your chances of passing. Companies such as Kaplan Financial Education and America's Professor offer exam prep courses and practice exams to help you prepare for the test. These courses cover insurance concepts, terminology, and the format of the state exam.
Once you have passed the exam, you will need to apply for your license through the National Insurance Producer Registry and pay the application fee. Nevada also requires digital fingerprint impressions and a criminal history background report for all applicants, which can be completed within 90 days of submitting your application.
Nevada insurance licenses must be renewed every three years, and continuing education (CE) credits are required for renewal. Insurance agents must complete 30 hours of CE credits every three years, including 3 hours of ethics.
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Pre-licensing education course
Although prelicensing education is not a requirement in Nevada, it is highly recommended that aspiring insurance agents complete a pre-licensing education course to prepare for the state licensing exam. Nevada insurance exams are notoriously more difficult to pass than those offered in other states, so investing in a high-quality pre-licensing course will significantly increase your chances of passing the exam on your first try.
A good prelicensing training course will feature practice exams that simulate the format of the state exams, so you know exactly what to expect. Depending on the line of insurance you are testing on, the amount of time and number of questions on the exam will vary. Exams will typically be between 2 hours and 3 hours and 35 minutes long and can have anywhere from 90 to 159 questions.
When choosing a pre-licensing course, look for one that is state-approved and offers coursework that is tailored to your learning style. Online courses and printed materials can provide flexibility and convenience, allowing you to learn at your own pace and on your own time.
There are several reputable pre-licensing education providers in Nevada, including Kaplan Financial Education, AD Banker, America's Professor, and All-Lines Training. These companies offer exam prep courses that cover the material you need to know for the state licensing exam. Their courses can help increase your chances of passing the exam and provide valuable tools to support your career as a licensed insurance agent.
Remember, after completing your pre-licensing education course, you will need to pass the relevant Nevada insurance license exam with a score of 70% or higher. The exam must be specific to the line of insurance you wish to specialize in, such as the Property and Casualty exam or the Life and Health exam.
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Application process
The application process to become an insurance agent in Nevada involves several steps, including education, examination, and licensing. Here is a detailed breakdown of the process:
- Pre-licensing Education: Although not mandatory, completing a pre-licensing education course is highly recommended. Nevada insurance exams are known to be challenging, and a good pre-licensing course can significantly enhance your chances of passing. America's Professor and All-Lines Training are two providers that offer online prep courses tailored to the Nevada insurance exam. These courses cover the relevant material and provide practice exams, helping you become well-prepared for the test.
- State Licensing Exam: To obtain a Nevada insurance license, you must pass a state licensing exam with a score of 70% or higher. Pearson VUE administers these exams, which cover general insurance knowledge and Nevada-specific insurance laws, rules, and regulations. The exam format is multiple-choice, and the number of questions and time allotted depend on the line of insurance you are testing for. You can find exam information, including exam content outlines and testing locations, in the Pearson VUE candidate handbook.
- License Application: Once you have successfully passed the licensing exam, you can proceed to apply for your license. This can be done online through the National Insurance Producer Registry or Sircon. There is typically a transaction fee associated with submitting your application. Along with your application, you will need to provide:
- Fingerprint Background Waiver: This authorizes the Division of Insurance to review your background report.
- Fingerprint Confirmation Receipt: This serves as proof of your digital fingerprinting, which must be done through an approved vendor in Nevada.
- Criminal History Documentation: Any relevant charging and resolution documents are to be included.
License Processing and Fees: After submitting your application, you will need to pay the applicable transaction fees. The total cost to obtain a license depends on the number of exams taken. Once your application is processed and approved, you will receive your Nevada Resident Producer license.
It is important to note that maintaining your license requires continuing education. Insurance agents in Nevada must complete 30 hours of continuing education every three years, including three hours focused on ethics.
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License renewal
Once you have obtained your Nevada insurance license, you will need to renew it every three years. To renew your license, you must complete continuing education (CE) requirements. Insurance agents are required to complete 30 hours of CE credits every 3 years, including 3 hours of ethics-approved courses. If you are an independent or public adjuster, you must complete 24 credit hours every 3 years, including 3 ethics credits.
If you are a non-resident of Nevada and are applying for a non-resident producer license, you must apply electronically through Sircon. The state licensing fee is $185, but the vendor may charge additional transaction fees. If you apply through Sircon, there is no charge to print the license for 30 days from the date of issuance; a transaction fee will be applied after this period.
If you wish to request an exemption from continuing education, you can complete the Continuing Education Exemption Request Form and return it to [email protected].
If you are transferring from a non-resident license to a resident license, you must apply for a Nevada Resident Producer license. This usually does not require taking a licensing exam. However, you must apply for this license within 90 days of establishing legal residency in Nevada. If you are applying for the same lines of authority, you will not need to take a licensing exam.
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License types
The type of insurance policies you want to sell dictates the type of license you'll need. The majority of insurance agents in Nevada obtain a Property and Casualty (P&C) or a Life and Health license, or both. However, if you want to specialize in a particular type of policy, you can focus on the specific license that's relevant to that insurance type. For example, if you want to be a property and casualty insurance agent, you will need to pass the Property and Casualty exam.
If you want to sell variable annuities or variable life insurance, you must be registered with the Financial Industry Regulatory Authority (FINRA) and hold an active producer license with a life line of authority.
To become a licensed insurance agent in Nevada, you must pass a state licensing exam with a score of 70% or higher. The exam covers a general section with basic insurance product knowledge and a state-specific section. The exam will be 2 to 3 hours and 35 minutes long and can have 90 to 159 questions.
You can prepare for the exam by taking a prelicensing course, although this is not required. Prelicensing courses are available at Sircon.com and Kaplan. Kaplan's online courses have a 93% pass rate.
After passing the exam, you can apply for your license through the National Insurance Producer Registry. The state licensing fee is $185, and you will also need to pay transaction fees. You will need to submit your fingerprints and a background waiver.
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Frequently asked questions
To become an insurance agent in Nevada, you must be a resident of the state and pass a state licensing exam with a score of 70% or higher. You must then apply for a license and pay the application fee.
The exam is multiple choice and taken on a computer. It covers basic insurance product knowledge and specific insurance laws, rules, regulations, and practices unique to Nevada. The exam will be between 2 hours and 3 hours and 35 minutes long and can have 90 to 159 questions.
Prelicensing education is not required, but it is recommended to take a prelicensing course to prepare for the exam. There are many online courses available, such as those offered by Kaplan Financial Education, America's Professor, and All-Lines Training. These courses can improve your chances of passing the exam on your first try.
You will need to renew your license every three years and complete 30 hours of continuing education, including 3 hours of ethics. You will also need to pay renewal fees.
