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Insurance Producer Licensing Fees | |||
For Paper Applications - Biennial Producer and Public Adjuster Licenses | |||
The New Jersey Department of Banking and Insurance offers an online application service. All producers are encouraged to utilize our electronic process for faster, easier and less costly license application, appointments and terminations. | |||
Producer License | License Fee | Processing Fee | Total |
Initial Resident & Nonresident Individual (Major Lines) | $150 | $40 | $190 |
Initial Resident & Nonresident Business Entity (Major Lines) | $150 | $40 | $190 |
Initial Resident and Nonresident Individual (Limited Lines Only) | $75 | $40 | $115 |
Initial Resident and Nonresident Business Entity (Limited Lines Only) | $75 | $40 | $115 |
Disabled Veterans – Resident and Nonresident Individuals* | Waived | Waived | $0 |
Individual and Business Major Line Renewal | $150 | $20 | $170 |
Individual and Business Limited Line Renewal | $75 | $20 | $95 |
Late Renewal Fee (Major Lines) $150 + | $100 | $20 | $270 |
Late Renewal Fee (Limited Lines Only) $75 + | $50 | $20 | $145 |
Disabled Veterans Renewal - Resident or Nonresident Individuals* | Waived | Waived | $0 |
Reactivate License (during 2-year term of license) | N/A | $40 | $40 |
Additional Line of Authority | N/A | $40 | $40 |
Branch Office Registration | N/A | $20 | $20 |
Producer Company Appointment/Termination Fee | N/A | $35 | $35 |
License Certification | $0 | $0 | $0 |
Address Change | $0 | $0 | $0 |
Appointment Renewal (electronic only) | $0 | $25 | $25 |
Duplicate License | $0 | $0 | $0 |
Public Adjuster License | License Fee | Processing Fee | Total |
Initial Individual | $50 | $20 | $70 |
Initial Individual (Disabled Vet*) | $0 | $0 | $0 |
Initial Organization | $50 | $20 | $70 |
Temporary Sub-licensee | $50 | $20 | $70 |
Temporary Sub-licensee (Disabled Vet*) | $0 | $0 | $0 |
Individual Renewal | $50 | $0 | $50 |
Organization Renewal | $50 | $0 | $50 |
Temporary Sub-licensee Renewal | $50 | $0 | $50 |
*Documentation confirming service-connected disability is required. Acceptable documentation includes Veterans Administration form DD214 or other official notification.
Each officer, partner, director or owner of 10% or more of a business entity who is noted on a resident organization or business application must also submit electronic fingerprints. |
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Last Modified: January 2012 |
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Copyright © 2011,
State of New Jersey New Jersey Department of Banking and Insurance |