Virginia
Scott A. White
Bureau of Insurance State Corporation Commission
P.O. Box 1157
Richmond, Virginia, 23218
Appointments & Terminations
Yes
Yes
Within 30 days of first business execution
VA ST § 38.2-1833(A) An agent may solicit insurance applications for an authorized insurer who has not yet appointed the agent only if the insurer: a. files a written notice of appointment on the prescribed form within 30 days after accepting the first insurance application from that agent; and b. mails a copy of the notice of appointment to the agent within the 30-day period.
Yes
$10 per LOA
$7 per line
Yes
No
No
Yes
Required and is the date supplied on transaction. Must not be in the future and must be less than 30 days old.
Yes
Virginia portal
1 year, $7 per line
No
Yes
Voluntary termination; death; appointed in error; cancelled for cause
Yes
Required and is the date supplied on transaction. Must not be in the future and must be less than 30 days old
No fee
No
Notices must be mailed
Licensing
Resident New License Insurance Producer: $15 (per LOA)
Resident New License Surplus Lines Broker: $15
Resident New License Limited Lines: $15
Nonresident New License Insurance Producer: $15 (per LOA)
Nonresident New License Surplus Lines Broker: $15
Nonresident New License Limited Lines: $15 (per LOA)
Resident / Nonresident Fees Public Adjuster Fee: $10 Late Renewal Fee: $30 Consultant Fee: $10 Late Renewal Fee: $30 Fee Disclaimers: All fees are charged per line of authority Surplus Lines Broker Fee: $10 Late Renewal Fee: $30 Viatical Settlement Broker Fee: $10 Late Renewal Fee: $30 Insurance Producer Fee: $10 Late Renewal Fee: $30 Fee Disclaimers: All fees are charged per line of authority Limited Lines Producer Fee: $10 Late Renewal Fee: $30 Fee Disclaimers: All fees are charged per line of authority
90 days before expiration
Last day of birth month every 2 years based on year of birth
Late renewal allowed up to one year after expiration
90 days before expiration
Last day of birth month every 2 years based on year of birth
Late renewal allowed up to one year after expiration
For individual's business address only
No
Business and Mailing
Risk Retention Group, Viatical Settlement Broker, Surplus Lines Broker, Public Adjuster, Reins Intermediary Broker, Consultant, Insurance Producer, Coop Non-Profit Life Benefit, Mortgage Redemption, Health Services/HMOs, Property & Casualty Insurer, Title Settlement Agency, Life & Health Insurer, Temporary Producer, Limited Lines Producer
Yes
A consultant license is required for an individual or a business entity that acts as a property and casualty insurance consultant or a life and health insurance consultant for compensation.A nonresident may obtain a Virginia consultant license if: a. he/she holds the same license in his resident state; and b. the resident state has a reciprocal agreement with Virginia. Insurers are not required to appoint Brokers per NAIC PLMA
No
No pre license education requirements EXCEPT Except for title agent applicants, who must complete 16 hours of title-specific in-person or distance learning equivalent instruction, Virginia does not require an applicant to complete pre-licensing education
Yes – FBI
Yes, for Resident Licensing
FieldPrint - Application must be submitted first and the fingerprints must be within 90 days
183 Days
NIPR Gateway
None
Yes
Yes
A licensee must file notice within 30 calendar days of a change of name, residence address, or email address. Contact Change Request supported via NIPR Gateway.
Agency
No
Yes
No
Renewal period starts 90 days prior to expiration and ends on expiration date. No late renewal period.
90 days prior to expiration until expiration date. No late renewals.
Yes
No
If the branch is operating under the same name as the licensed Business Entity, then the branch may be added to the existing license.
Agency address changes must be submitted within 30 days and must be made by the officer or principal of the agency. Business Entities must use the method identified on the state's website.
Adjuster
Only Public Adjusters
No
None
Biennially, on the date the license was issued.
Requires a $50,000 surety bond for resident public adjusters (individuals and business entities). Nonresidents are required to hold an active adjuster license in their home state to be eligible. Business entities are required to designate a licensed Public Adjuster in Virginia as responsible for the business entity's compliance.
Public Adjuster
**Licensing Fee: **$250
Yes
N/A
Yes
Continuing Education
16 hours if you hold one license. 24 hours if you hold multiple
2 years
Yes
Last day of birth month
Year of birth
Prior to license expiration.
Resident producers who are at least 65 years old and have held a Virginia license for 20 consecutive years don’t need to worry about CE requirements. Also, resident producers at least 65 years old who’ve held their license for the preceding four years and hold a license authority for Virginia for at least 20 of the immediately preceding 30 years may also be exempt from maintaining CE requirements.
Reinstatements only apply to individual licenses. Individual licenses may be reinstated within one year from the renewal date. In addition to the original renewal fee, a reinstatement fee that is double the renewal fee will be required. Renewal fee is $10 plus a $20 reinstatement fee per LOA. All CE requirements must be satisfied before submitting a reinstatement.
Yes
Credits must be reported in the same biennium as completed in order to be rolled over into the next renewal period.
3
Yes
8 hours must be applicable to each license type held. If you have only one license type or hold both Life & Annuities and Health licenses, the state requires that you complete 16 credit hours of continuing education every 2-year renewal period. Producers with multiple licenses or LOAs must take 24 CE hours. Producers should be careful to be sure not to take more than 75 percent of credits from agency-sponsored or company-sponsored courses.
3 hours of NFIP course
8-hour initial certification (separate from or in addition to 2 hours of Virginia-specific LTC CE), with 4 hours of LTC-specific training every two years
One-time, 4-hour course
Public adjusters, however, must complete 24 hours of CE credits, of which three must be in ethics and the rest must be in a combination of courses categorized as the following: Property and casualty Mitigation Flood Public adjuster
https://www.scc.virginia.gov/pages/Continuing-Education-Requirements
https://agentsync.io/blog/individual-producers/insurance-continuing-education-virginia
Regulatory Updates
Virginia Pre-Licensing Examination Changes
Effective March 20, 2025, Virginia's new pre-licensing examinations will be live. CE Providers are asked to review the updated exam content outlines and make necessary changes to their pre-licensing education materials. Please see the attachment for more information.
Virginia Changing Payment Processing Method Related to Surplus Lines Reporting
Effective June 3, 2024, Virginia Bureau of Insurance moved its payment processing to J.P. Morgan Chase and its affiliated partner Paymentus. To facilitate electronic payments, Virginia’s new Company Identification Number (0000408976) must be provided to your Accounts Payable Department.
Virginia to Disallow Reinstatements for Admin Term for CE Status
Effective October 13, 2023, Virginia will no longer allow applicants with the status of Admin Term for CE to reinstate through NIPR. The affected applications are Resident Licensing and Resident Licensing Renewals.
Virginia Adding Validation to Prevent Amendments
Effective June 9, 2023, Virginia will add new validation to prevent an amendment transaction if the applicant’s license is in the renewal period. The applicant must first renew the license and then submit the amendment transaction.
Virginia Will Add Non-Uniform Questions for Viatical Settlement Broker
Effective June 9, 2023, Virginia will add new Non-Uniform Questions for Viatical Settlement Broker applicants. These will be required for Resident, Nonresident, Resident Renewal, and Nonresident Renewals.
Update: Virginia Fee for “Admin Term” for CE Status
Virginia has updated the effective date for related to the fee for Admin Term for CE status reason. The new effective date is January 13, 2023. Previously the effective date was December 28, 2022.
Virginia Applicants with “Admin Term” Status for CE Will Have Fee Update
Effective ~~December 28, 2022~~ January 13, 2023, if an applicant's status is Admin Term for CE, then a $20 fee per line of authority will be assessed after the expiration date. On January 12, 2023 the effective date was updated to January 13, 2023.
Virginia Updates Late Renewals and Reinstatements
On April 1, 2022, Virginia will be determining if a license is eligible for a late renewal or reinstatement by the authority status date for that producer. A licensee may have a late renewal or submission of a reinstatement on both their resident and nonresident license for up to one year after the LOA status date.
Virginia Changes Appointment Fee
As of January 1, 2022, the appointment fee was reduced from $10 to $7. This change will be reflected starting April 1, 2022, quarterly billing and for anything following this date.
Virginia Reminds All to Read Cybersecurity Policy
Cybersecurity risk has been raised for US critical infrastructure following the Russian attacks on Ukraine. As a result, the State Corporation Commission's Bureau of Insurance prompts each licensee should review Shields Up.
Virginia Reinstatement Fees to Initial Applications
Virginia will charge a reinstatement fee for an LOA if the license associated was already renewed and the LOA was within a year of its expiration date.
FAQs
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How Do I Get an Insurance License in Virginia?
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How Do I Get a State Adjuster License in Virginia?
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How do I renew my insurance license in Virginia?
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How do I renew my nonresident insurance license in Virginia?
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How Do I renew My Non-Resident Adjuster License in Virginia?
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How Do I Renew My Adjuster License In Virginia?