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Property Broker-Agent
License Description A property broker-agent is a person authorized to act as an insurance agent, broker, or solicitor. Licenses to act as a property broker-agent include the type property, which entitles the licensee to transact insurance coverage on the direct or consequential loss or damage to property of every kind. Qualifications  Minimum Age: 18 years  Residency: California residency is not required   Prelicensing Experience/Education: Complete 20 hours of approved property prelicensing study and 12 hours of approved prelicensing study on ethics and the California Insurance Code  Entity: Individual and Business Entity Fees:  Application: $188 for two-year term  Renewal: $188 every two-year license term  Fingerprint Processing: The fee at the California Department of Insurance's (CDI) test centers is $59. The fee at PSI's test centers is $68.95. Other license information and requirements:   Examination Requirement: Yes  Examination information: PSI Services, LLC, schedules the examinations for CDI's property broker-agent license applicants. For scheduling examinations use PSI's Examination Scheduling Service at PSI Online - One stop Solution for Test Takers (psiexams.com). Individuals may schedule their examinations with PSI either online or by telephone.  Fingerprint impressions: Fingerprint impressions are required for all unlicensed resident and most non-resident applicants  Average Time to Process Application: two to three weeks  Renewal Period: Two-year license term  Continuing Education: 24 hours of continuing education which includes three hours of ethics each two-year license term For more information on this license type use this URL http://www.insurance.ca.gov/0200-industry/0050-renew-license/0200-requirements/casualty/index.cfm. Authority: California Insurance Code section 1625(b)(1).
Licensing Agency
Department of Insurance
Producer Licensing Bureau
320 Capitol Mall
Sacramento, CA 95814-4309
(800) 967 9331
Charlene.Ferguson@insurance.ca.gov Dianne.Cooper@insurance.ca.gov.
Active Status Active
Active Military/Veterans Expedited processing is available for military and spouses
Continuing Education Continuing education required to maintain license
Criminal Record No criminal record prohibitions
Education No educational requirements
Exam State exam required
License Type Register with licensing agency
License Updated 08/09/2023
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