Minnesota Insurance License
Licensing requirements for Minnesota insurance professionals and companies.
This page provides an overview of insurance licensing in Minnesota for individuals and companies. You will find state requirements, application fees, filing instructions, and more. For assistance with licensing, please contact us to learn about our software and managed license services.
Companies that provide insurance producer services in Minnesota must apply for a license prior to doing business. Depending on the lines of authority offered by the entity and the types of services offered, multiple firm licenses may be required.
Before applying, firms should ensure that the licensed individual to be appointed agent in charge has the necessary licenses. Firms should also gather proof of incorporation, or foreign qualification for out-of-state firms, in anticipation of application requirements.
Company Licenses
Minnesota Insurance Company Licenses
Minnesota Insurance Agency License
| Agency: | Minnesota Department of Commerce |
Initial Registration
This section applies to insurance firms that are applying for a license in Minnesota for the first time.
| Agency: | Minnesota Department of Commerce |
| Form: | http://mn.gov/commerce/industries/insurance/producers-adjusters/agencies.jsp |
| Agency Fee: | Varies by insurance type. Baseline of $50 |
Registration Renewal
This section applies to insurance firms that are already licensed in Minnesota and need to renew their license.
| Agency: | Minnesota Department of Commerce |
| Form: | https://mn.gov/commerce/licensees/insurance/license-renewal.jsp |
| Agency Fee: | Varies by insurance type. Baseline of $50 |
| Due: | Annually |
Minnesota Service Contract Provider License
| Agency: | Minnesota Department of Commerce - Licensing Division |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Form: | |
| Filing Method: | |
| Agency Fee: | $750 |
Registration Renewal
| Form: | |
| Filing Method: | |
| Agency Fee: | $750 |
| Due: | Annually by the date of issuance. |
Minnesota Third Party Administrator License
| Agency: | Minnesota Department of Commerce - Licensing Division |
| Law: | Minnesota Statutes 60A.23, Subd. 8, Minnesota Rules Chapter 2767 |
| Foreign Qualification is Prerequisite: | No |
| Notes: | The annual activity report should be filed on the Excel spreadsheet form. The spreadsheet should be emailed to: tuan.tran@state.mn.us |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Form: |
Gurantee Form - Must be completed when applying for a TPA license when an applicant uses the financial statements of a parent or other related entity to meet the financial requirements. The guarantee must be accompanied by a resolution by the guarantor's board of directors authorizing the guarantee.
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| Filing Method: | Mail or online |
| Agency Fee: | $1,500 |
| Required Attachments: | Submit financial statements for the administrator for the last three fiscal years. For the purpose of new applications, “Financial statements” means an income and expense statement along with a balance sheet. |
Registration Renewal
| Form: | |
| Filing Method: | Mail or online |
| Agency Fee: | $1500 |
| Due: | Triennially by date of issuance. Annual Activity Report is due March 1 annually. |
Minnesota Utilization Review Organization Registration
| Type of Review: | Medical Utilization Review |
| Agency: | Minnesota Department of Commerce |
Initial Registration
| Form: | |
| Agency Fee: | $1,000 |
Registration Renewal
| Agency Fee: | $1,000 |
| Due: | Biennially |
| Notes: | Renewal can be made by submitting a written request and the renewal fee to the department. |
Minnesota Vehicle Protection Product Warrantor Registration
| Agency: | Minnesota Department of Commerce - Licensing Division |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Filing Method: | |
| Agency Fee: | $250 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $250 |
| Due: | Annually by date of issuance |
Individual Licenses
Minnesota Individual Insurance Licenses
Minnesota Insurance Agent License
| Agency: | Minnesota Department of Commerce |
Initial Registration
This section applies to insurance agents that are applying for a license in Minnesota for the first time.
| Agency Fee: | From $50 to $500 depending on license type |
Registration Renewal
| Filing Method: | |
| Agency Fee: | Producer: $50 per line of authority + $25 technology surcharge Agent: $50 + $25 technology surcharge |
| Due: | Biennially by the last day of initial registration month |
Minnesota Insurance Producer License - Resident
| Agency: | Minnesota Department of Commerce |
Initial Registration
| Filing Method: | |
| Agency Fee: | $50 + $50 for each additional line of authority + $20 technology fee |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $50 + $50 per line of authority + $25 technology fee |
| Due: | Biennially by the end of the licensee's birth month. |
Learn about insurance licensing in other states:
