Introduction
This page details the insurance agent licensing requirements in New Jersey. It outlines eligibility criteria, education hours, exams, fees, renewal requirements, and reciprocity policies.
License Requirement Status
Is a license required? Required
Regulating Authority
The regulating authority for insurance licensing in New Jersey is the New Jersey Department of Banking and Insurance. Licensing operates at the State level.
Eligibility Requirements
- Minimum age: 18
- Residency requirement: No
- Background check: Yes
Education Requirements
Yes
Total hours: 20 hours per line
Exam Requirements
Exam required: Yes
Exam name: New Jersey insurance licensing exam
Application Process
- Choose the line(s) of authority.
- Complete pre‑licensing education.
- Pass the licensing exam(s).
- Submit your application with fees.
Fees and Processing Time
Application fee: $150–$200
Estimated processing time: 2–4 weeks
Insurance or Bond Requirements
None
Renewal and Continuing Education
Renewal frequency: 2 years
CE hours: 24
Reciprocity
Limited
Legal and Statutory References
For statutes, rules, and additional guidance, refer to https://www.nj.gov/dobi/laws.shtml or the official authority website listed below.