what is the best prelicensing course to take for the nj property and casualty license

by Orville O'Keefe 8 min read

What is a New Jersey pre-licensing course?

PSI Exams manages insurance licensing examinations for New Jersey. Contact PSI Exams to register and schedule your exam time for a $45 fee. When you arrive at the testing center, you will need your certificate of completion and two forms of I.D. Both must be valid government-issued documents and at least one must have a picture.

Where can I take the property and casualty insurance license exam?

Apr 03, 2022 · New Jersey Real Estate Institute - NJ Real Estate License. Houses (2 days ago) ¹ NJ Real Estate School - The New Jersey Real Estate Institute is a state licensed real estate school providing professional real estate education. We are conveniently located in C entral New Jersey and easily accessible from the NJ Turnpike , I-95, I - 295 , Route 1, and Route 130.

How to get an insurance license in New Jersey?

Description. In order to be licensed to solicit, sell, or negotiate insurance in the state of New Jersey, individuals must complete a pre-licensing education course offered by an approved education provider. Individuals with CLU and ChFC designations can waive the Life and Health Insurance pre-licensing education and examination. Individuals with CPCU designations can …

What is a property and casualty license?

This course prepares students to take the New Jersey Property &Casualty Insurance Producers Exam. This course satisfies the NJ Insurance Department's pre-licensing education requirement. Students must attend all sessions and achieve a score of 70% or better on the course final exam to receive a Certificate of Completion.

How do I get a P&C license in NJ?

How to Get Your New Jersey Insurance LicenseComplete an Insurance Prelicensing Course. ... Pass Your New Jersey Licensing Exam. ... Apply for a New Jersey Insurance License. ... Plan to Complete Required Insurance Continuing Education (CE) Credits.

How many questions is the NJ Life insurance test?

83-questionNew Jersey Life And Health Insurance Exam Requirements The New Jersey Life Insurance Examination is an 83-question, multiple-choice exam covering issues like types of life insurance policies, taxes, retirement and related issues.

How many questions is the NJ Life producer exam?

83Exam FormatNew Jersey Exam InformationExam NameExam TimeTotal QuestionsLife Producer3 hrs 30 min83Accident & Health Producer3 hrs 30 min88Property Producer3 hrs 30 min793 more rows

How many CE credits do you need for insurance license in NJ?

All public adjusters who are renewing a license that has transitioned into a two year license must complete 15 hours of continuing education to renew their license....1.Individual Producer Renewal Application (Resident or Nonresident)2.Business Producer Renewal Application (Resident or Nonresident)22 more rows

Can a felon get an insurance license in NJ?

Applicants who have committed a felony of the first degree, a capital felony, a felony involving money laundering, fraud, or embezzlement, or a felony directly related to the financial services business are most likely not eligible to apply for an insurance license.Jul 21, 2021

Does New Jersey require adjuster license?

The Straight Story! New Jersey does not license Insurance Adjusters. Employees and residents of New Jersey who handle claims in this state, are not required to be a Licensed Adjuster. Residents of New Jersey who want to become an Independent Claims Adjuster should obtain the Texas All Lines Adjuster License.

Which is not considered a rebate?

B; A rebate is an illegal act which involves returning something of value to the client as an inducement to buy, such as the commission. Rebates are only allowed if specifically stated in the policy. Insurance dividends are not considered rebates as the IRS considers it as a return of overpaid premium.

What is the maximum fine for a producer violating a New Jersey insurance law for the first time?

Monetary penalties in lieu of supervision, termination or revocation of approval of any provider, director or authorized personnel are increased to a maximum of $5,000 for a first violation and a maximum of $10,000 for succeeding violations. Amended N.J.A.C. 11:17-3.4, which was N.J.A.C.

How often must an insurance producer's license in New Jersey be renewed?

In New Jersey, insurance licenses expire every two years. The expiration will be on the last day of your birth month, biennially, based on the anniversary of your original license year.Aug 26, 2021

How do I check my CE credits in NJ?

You may check your CE credits by going to NJ Real Estate CE Tracking System. Please read the following instructions carefully to log in for the first time. If you have trouble logging in you must contact PSI Tech Support at 1-877-526-6833. Click here to get your license reference number.

Which entity is responsible for regulating insurance advertising in New Jersey?

NJDOBI | Division of Insurance. The National Association of Insurance Commissioners (NAIC) is the organization of insurance regulators from the 50 states, the District of Columbia and U.S. territories. More information about New Jersey and the NAIC...

How many hours do you need to get a property and casualty license?

This means that if you wish to get a Property and Casualty license, you must take forty-eight (48) hours of pre-licensing, and for Life, Accident, and Health you must also take forty-eight (48) hours. You will receive a certificate upon completion of the course.

How many hours of pre-license education is required in New Jersey?

Each line of authority in New Jersey requires twenty-four (24) hours of pre-license education.

How to become an insurance agent in New Jersey?

Once you’ve passed your exams and completed the licensing application, you are now a licensed insurance agent in New Jersey. A common question we hear is, “I have my insurance license, now what?” Here are a few things you can do or need to know: 1 Get a job in the insurance field. Check out StateRequirement’s Insurance Jobs board. 2 If you’re going to sell advanced life insurance products, you’ll need to have the proper securities licenses. Series 6 , Series 7, and Series 63 are the most common among insurance agents, but you’ll need to begin with the SIE (Securities Industry Essentials) exam. Find out which licenses you need with our Securities Licensing Guide. 3 Every two years, you’ll need to renew your insurance license. Check out our guides on New Jersey Insurance License Renewal and New Jersey Insurance Continuing Education for more details.

What happens if you give fingerprints in New Jersey?

Giving your fingerprints will initiate a background check. If you have any prior misdemeanors or felonies, this may affect the outcome of your licensing efforts. For more information on this topic, call the New Jersey Department of Insurance at (609) 292-5316 x50552 or email the License Department.

Is it hard to get an insurance license?

Insurance license tests are intentionally difficult, but not impossible by any means. You should study to the point of comfortability with the information before you attempt the test. Failing the exam isn’t the end of the world, but keep in mind that you will need to pay the fee each time you attempt the test.

How to get a prelicensing certificate?

Once you have completed your course, ExamFX will issue a certificate of completion which you may download and print from your online ExamFX account. Step 2: Schedule your exam with your state’s testing provider, PSI.

How to cancel PSI exam?

Exam fees must be paid at the time of reservation. To cancel your exam, you must contact PSI Exams at least two days in advance or forfeit your registration fee. Step 3: Take and pass your state licensing exam.

What happens if you fail a NIPR exam?

If you pass, you will immediately receive a successful notification and a score report. If you fail, you will receive a diagnostic report indicating your strengths or weaknesses by examination type with the score report. Your score will automatically be reported to NIPR and the Department of Insurance.

How to get a certificate of completion?

To earn your certificate of completion, you must: Complete all Study by Topic reading chapters and Study by Topic quizzes. Study by Topic quizzes must be passed with a score of 70% or better and must be taken in order. Complete and pass the simulated exam with a score of 70% or better.

How much does it cost to make an appointment with IdentoGo?

Schedule your appointment online with IdentoGo or by phone at 1-877-503-5981. A total cost of $62.66 must be paid at the time of registration. Upon your appointment, you must present the appropriate and completed Universal Form and proper identification.

What is WebCE course?

WebCE is mainly focused around continuing education, much like the last pick. However, it has a more refined presentation that’s much easier to navigate— seemingly at the cost of its library of courses.

What is Kaplan's family?

Kaplan’s family of educational and exam prep packages are a standout within many different fields of study, and their Property & Casualty course catalog is yet another instance of their impressive track record. There are many different types of students with different budget levels and learning styles; hence, Kaplan’s platform and study materials adapt to these different students and their needs.

What is a property and casualty license?

A property and casualty license allows you to sell property and casualty insurance products, such as homeowner’s insurance, renter’s insurance, auto insurance, general liability, and worker’s compensation, among others.

Where can I take the property and casualty insurance exam?

You can take the property and casualty insurance license exam at a testing center or remote-based testing platform authorized and approved by your state. Many states contract with exam providers, such as PSI, Prometric, or Pearson Vue, to administer licensing exams.

What is a P&C license?

A P&C license allows you to sell insurance products like homeowner’s, auto, commercial property, and professional liability. To obtain this license, you first need to pass your state’s Property and Casualty Insurance Exam and complete your state’s application process.

How old do you have to be to get an insurance license?

To qualify for a license, it is important to meet the following pre-licensing requirements: At least 18 years old. Complete pre-licensing education for your line of authority determined by your state. Pass the insurance licensing exam in your state for your line or lines of authority. After passing the exam, complete your license application.

What is insurance pre license?

An insurance pre-licensing course will provide the general knowledge and state-specific information you need to study to pass the state licensing exam. If your state requires pre-license education credit hours, this course will also complete those requirements.

What is the passing rate for property and casualty insurance?

According to the National Association of Insurance Commissioners (NAIC), the passing rate for property and casualty insurance is 54.9%. Passing the property and casualty exam can be a challenging process, but taking an exam prep course and developing ...

How much does a property and casualty insurance producer make?

According to ZipRecruiter, most property and casualty insurance producers earn between $30,000 to $44,500. The top earners make $50,000+ annual salaries throughout the United States. Using this and other insurance licenses, you could increase your earning potential by starting your own insurance agency.

Dave's ExamFX Testimonial

Meet Dave, an insurance professional who found success passing his Property and Casualty exam with ExamFX. Check out his success story!

ExamFX Insurance Prelicensing Study Steps

Our "Path to Success" study steps are designed specifically to help you pass your Life & Health, or Property & Casualty Insurance Prelicensing exam!

Property & Casualty Insurance Exam Prep Package Comparison

We offer flexible solutions and packages for every learning preference, specifically designed to help candidates pass their Property and Casualty exam. Our training provides a variety of helpful study tools that prepares candidates for success.

State Licensing Requirements

Each state has specific licensing requirements. Candidates need to understand their state's Property and Casualty licensing requirements as a first step toward success. Select your state to review the requirements and additional information about testing providers and scheduling.

Additional Property and Casualty Study Materials

ExamFX offers candidates all the study materials they need to be successful in passing their licensing exam. In addition to our online learning platform, we offer printed study materials that help candidates throughout their learning. Our Study Guide, Flash Cards, and Tip Sheets can easily be added to any package during checkout.

Have you heard about our pass rates?

ExamFX candidates report a 93% overall licensing exam pass rate. Our pass rates reflect our comprehensive study programs and our commitment to helping you succeed.

What is the ExamFX Guarantee Exam?

ExamFX is so confident in our training program that we guarantee users who successfully complete the Guarantee Exam will pass their licensing exam on their first attempt! If you do not pass your licensing exam within three days after scoring 80% or higher on the Guarantee Exam, we will refund the cost of your course. It is that simple.