
Florida Finance Licensing

Licenses are typically required for individuals and businesses that provide finance industry services in the United States. This guide contains information about professional finance licensing in Florida.
Company Licenses
Florida Financial Services Company Licenses
Florida Agency License - Non-Resident
Initial Registration
Filing Method: | |
Agency Fee: | $0 |
Renewal Not Required
Not required
Agency licenses are perpetual as long as there is an agent-in-charge effectively designated. An agency license will expire after 90 days without an agent-in-charge.
Florida Agency License - Resident
Initial Registration
Filing Method: | |
Agency Fee: | $0 |
Renewal Not Required
Not required
Agency licenses are perpetual as long as there is an agent-in-charge effectively designated. An agency license will expire after 90 days without an agent-in-charge.
Florida Commercial Collection Agency Registration
Agency: | Florida Office of Financial Regulation |
Foreign Qualification is Prerequisite: | Yes |
Bond Requirements: | $50,000 surety bond. |
Exam Required? | Not Set |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Form: | Form OFR COM-101: Registration of Commercial Collection Agency |
Agency Fee: | $500 |
Registration Renewal
Filing Method: | |
Agency Fee: | $500 |
Due: | Annually by December 31. |
Florida Consumer Collection Agency Registration
Agency: | Florida Office of Financial Regulation |
Foreign Qualification is Prerequisite: | Not Set |
Exam Required? | Not Set |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Form: | Form OFR 559-101: Registration of Consumer Collection Agency |
Agency Fee: | $200 |
Registration Renewal
Filing Method: | |
Agency Fee: | $200 |
Due: | Annually by December 31. |
Amendment
Form: | Form OFR 559-101: Registration of Consumer Collection Agency (Amendment) |
Agency Fee: | $0 |
Florida Insurance Agency License
Initial Registration
This section applies to insurance firms that are applying for a license in Florida for the first time.
Agency: | Florida Office of Insurance Regulation |
Form: | http://www.myfloridacfo.com/division/agents/licensure/general/#agency |
Agency Fee: | $0 |
Renewal Not Required
This section applies to insurance firms that are already licensed in Florida and need to renew their license.
Not required
Licenses are perpetual and do not need to be renewed.
Florida Motor Vehicle Retail Installment Seller License
Agency: | Florida Office of Financial Regulation - Division of Consumer Finance |
Foreign Qualification is Prerequisite: | No |
Exam Required? | Not Set |
Registered Agent (Special Agency) Required? | Yes |
Initial Registration
Form: | |
Filing Method: | Mail or online. |
Agency Fee: | $175 |
Registration Renewal
Filing Method: | |
Agency Fee: | $175 |
Due: | By December 31 of even-numbered years. |
Florida Sales Finance Company License
Agency: | Florida Office of Financial Regulation |
Law: | Chapter 520, Part IV, Florida Statutes - Installment Sales Finance Chapter 520, Part VI, Florida Statutes - Department Regulation of Sales and Finance Rule 69V-70, Florida Administrative Code - Sales Finance Rule 69V-85, Florida Administrative Code - Retail Installment Sales Act - General Rules |
Foreign Qualification is Prerequisite: | No |
Notes: | In addition to the main location license, any subsequent location other than the main office must be filed as a SFB: Sales Finance Company Branch by way of Online Services. |
Exam Required? | Not Set |
Registered Agent (Special Agency) Required? | No |
Initial Registration
Form: | |
Filing Method: | Mail or online. |
Agency Fee: | $175 |
Florida Third Party Administrator License
Agency: | Florida Office of Insurance Regulation |
Foreign Qualification is Prerequisite: | Yes |
Exam Required? | Not Set |
Registered Agent (Special Agency) Required? | No |
Initial Registration
Form: | |
Filing Method: | |
Agency Fee: | $100 application fee + fingerprint fee |
Notes: |
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Before you Apply: |
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Renewal Not Required
Not required
A certificate of authority issued under this section shall remain valid, unless suspended or revoked by the office, so long as the certificate holder continues in business in this state.
Financial Reporting
Form: | |
Filing Method: | |
Agency Fee: | $250 |
Due: | Annually within 3 months after the end of the administrator’s fiscal year. |
Law: |
Florida Utilization Review License
Not required
Utilization Review licensure is not required on the State level in Florida.
There is no license for utilization review in Florida, however, employers and insurers are required to follow state guidelines regarding the review process.
Individual Licenses
Florida Individual Financial Services Licenses
Florida Adjuster License - Non-Resident
Initial Registration
Filing Method: | |
Agency Fee: | $50 |
Florida Agent License - Non-Resident
Initial Registration
Filing Method: | |
Agency Fee: | $50 |
Renewal Not Required
Not required
Florida Agent License - Resident
Initial Registration
Filing Method: | |
Agency Fee: | $50 |
Registration Renewal
Filing Method: | |
Agency Fee: | $50 |
Due: | Biennielly by date of issuance. |
Florida Designated Home State Adjuster License - Non-Resident (No Home State)
Initial Registration
Filing Method: | |
Agency Fee: | $0 |
Florida Insurance Agent License
Initial Registration
This section applies to insurance agents that are applying for a license in Florida for the first time.
Agency Fee: | From $55 to $150 depending on license type. |
Renewal Not Required
Not required
Florida Non Resident Surplus Lines License
Initial Registration
Filing Method: | |
Agency Fee: | $50 application fee + $48.05 finger print fee + $5 license ID + $60 appolintment fee = $163.05 |
Required Attachments: | Qualified individuals will need to provide one of the following supporting documents; a copy of a military identification card, military dependent identification card, military service record, military personnel file, veteran record, discharge paper, or separation document that indicates such member is currently in good standing or such veteran is honorably discharged. This documentation can be emailed to AgentLicensing@MyFloridaCFO.com. Please include your application ID number in the subject line. |
Registration Renewal
Filing Method: | |
Agency Fee: | $50 application fee + $48.05 finger print fee + $5 license ID + $60 appolintment fee = $163.05 |
Due: | Surplus lines self-appointments must be renewed every two years by the end of the agent's birth month. It is the responsibility of the surplus lines agent to make sure the self-appointment is renewed. |
Florida Resident Surplus Lines License
Initial Registration
Exemption Eligible Organizations: |
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Filing Method: | |
Agency Fee: | $50 application fee + $48.05 finger print fee + $5 license ID + $60 appolintment fee = $163.05 |
Required Attachments: | Qualified individuals will need to provide one of the following supporting documents; a copy of a military identification card, military dependent identification card, military service record, military personnel file, veteran record, discharge paper, or separation document that indicates such member is currently in good standing or such veteran is honorably discharged. This documentation can be emailed to AgentLicensing@MyFloridaCFO.com. Please include your application ID number in the subject line. |
Registration Renewal
Filing Method: | |
Agency Fee: | $50 application fee + $48.05 finger print fee + $5 license ID + $60 appointment fee = $163.05 |
Due: | Surplus lines self-appointments must be renewed every two years by the end of the agent's birth month. It is the responsibility of the surplus lines agent to make sure the self-appointment is renewed. |
Florida Service Representative License - Non-Resident
Initial Registration
Filing Method: | |
Agency Fee: | $50 |
Florida Service Representative License - Resident
Initial Registration
Filing Method: | |
Agency Fee: | $50 |
Explore licensing in other states:
Adjuster - A person or firm that is paid to adjust, investigate, and negotiate claim settlements. There are 3 categories of adjusters: company, independent, and public. Company adjusters work for insurance companies and investigate claims on behalf of the company. Independent adjusters investigate claims on a contractual basis for insurance companies. Public adjusters investigate claims on behalf of claimants, usually to determine the amount of money that can be claimed.
Agent in Charge - A licensed individual responsible for the supervision of all individuals within an insurance agency. The agent in charge must be licensed in the same lines as the agency.
Insurance Agent - Insurance agents act as intermediaries between the insurance company and policyholders. Agents can be either captive or independent. Captive agents represent a single insurance company, while independent agents represent multiple insurers.
Insurance Broker - Individuals who sell insurance policies while representing the interests of the buyer. Brokers are typically independent intermediaries without an insurance company affiliation.
Insurance Producer - May be used to refer to either individual insurance agents and brokers or insurance agencies and brokerages.
Managing General Agent - An agent or broker that is involved in underwriting and has other areas of authority normally handled by insurers. MGAs are typically involved in unusual lines of coverage or in geographically prohibitive areas.
Surplus Lines Insurer - An insurance carrier that takes on risks that a licensed carrier is unwilling to insure. Surplus lines insurers do not have access to state guaranty funds and are less tightly regulated by state governing bodies.
Third Party Administrator - An organization that manages group insurance policies and works with the employer and insurance carrier to process claims, handle loss control, and provide risk management and consulting services.
Title Agent - Title agents sell insurance that protects real estate owners against loss of ownership of a property due to a legal claim.
Viatical Settlement Provider - A company that purchases life insurance policies at a discount from individuals seeking immediately available funds.
Independent Insurance Agents and Brokers of America (Big “I”)
Advocacy group of independent insurance brokers and agents.
National Association of Insurance and Financial Advisors (NAIFA)
Professional association that advocates for favorable regulatory conditions for insurance agents and financial advisors.
National Association of Insurance Companies (NAIC)
A standard setting and regulatory support organization that is governed by state insurance regulators.
National Association of Professional Insurance Agents (PIA)
Professional association that provides education and advocacy for insurance agents throughout the United States.
National Insurance Producer Registry (NIPR)
An affiliate of the NAIC that provides streamlined and uniform producer licensing processes.
