Idaho 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 Idaho.
Company Licenses
Idaho Financial Services Company Licenses
Idaho Bail Agency License - Non-Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $120 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the registration anniversary month. |
Idaho Bail Agency License - Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by December 31. |
Idaho Collection Agency License
Initial Registration
| Form: | |
| Agency Fee: | $150 application fee + $20 per agent/responsible person in charge. |
| Notarize: | Required |
Registration Renewal
| Form: | |
| Agency Fee: | $150 application fee |
| Due: | Annually by March 15. |
| Notes: | Along with the license renewal, agencies must submit the annual notification of agents form with the required fee. |
Amendment
| Form: | |
| Agency Fee: | $0 |
| Notarize: | Required |
Supplemental Reporting
Annual Notification of Agents
| Form: | Collection Agency Quarterly Notification of Collectors/Agents Form |
| Agency Fee: | $20 per active agent. |
| Due: | Annually by March 15. |
Supplemental Reporting
Quarterly Notification of Agents
| Form: | Collection Agency Quarterly Notification of Collectors/Agents Form |
| Agency Fee: | $20 for each newly added agent conducting Idaho activity. |
| Due: | Quarterly reports are due every June 15, September 15, and December 15. |
Idaho Independent Review Organization (IRO) Registration
| Type of Review: | Medical Utilization Review |
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Form: | |
| Agency Fee: | $500 |
Registration Renewal
| Form: | |
| Agency Fee: | $300 |
| Due: | Biennially by the date of issuance. |
Idaho Insurance Agency License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
This section applies to insurance firms that are applying for a license in Idaho for the first time.
| Agency: | Idaho Department of Insurance |
| Form: | |
| Agency Fee: | Varies by insurance type. Baseline of $50 |
Idaho Life Settlement Broker License - Non-Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $160 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $160 |
| Due: | Biennially by the end of the registration anniversary month. |
Idaho Life Settlement Broker License - Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $300 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $80 |
| Due: | Biennially by December 31. |
Idaho Life Settlement Provider License - Non-Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $600 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $600 |
| Due: | Biennially by the end of the registration anniversary month. |
Idaho Life Settlement Provider License - Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $500 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $300 |
| Due: | Biennially by December 31. |
Idaho Non-Resident Producer License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the registration anniversary month. |
Idaho Non-Resident Public Adjuster License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $120 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $120 |
| Due: | Biennially by the end of the registration anniversary month. |
Idaho Non-Resident Third Party Administrator License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Yes |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Form: | |
| Agency Fee: | $300 |
| Required Attachments: |
|
Registration Renewal
| Form: | |
| Filing Method: | Mail or online. |
| Agency Fee: | $80 |
| Due: | Biennially by December 31. |
Supplemental Reporting
| Form: | |
| Filing Method: | Mail or email to doi.tpa@doi.idaho.gov |
| Agency Fee: | $0 |
| Due: | Annually by July 1. |
| Required Attachments: |
|
Idaho Portable Electronics License - Non-Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $200 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $200 |
| Due: | Biennially by the end of the registration anniversary month. |
Idaho Portable Electronics License - Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $1,000 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $500 |
| Due: | Biennially by December 31. |
Idaho Resident Producer License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by December 31. |
Idaho Resident Public Adjuster License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by December 31. |
Idaho Resident Third Party Administrator License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $300 |
| Before you Apply: | General Documentation Requirements
|
Registration Renewal
| Filing Method: | |
| Agency Fee: | $80 |
| Due: | Biennially by December 31. |
Supplemental Reporting
| Form: | |
| Filing Method: | Mail or email to doi.tpa@doi.idaho.gov |
| Agency Fee: | $0 |
| Due: | Annually by July 1. |
| Required Attachments: |
|
Idaho Third Party Administrator Registration
Initial Registration
| Form: | |
| Agency Fee: | $0 |
| Required Attachments: |
|
Registration Renewal
| Form: | |
| Agency Fee: | $0 |
| Due: | Biennially by December 31. |
Individual Licenses
Idaho Individual Financial Services Licenses
Idaho Independent Adjuster License - Non-Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Independent Adjuster License - Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Insurance Agent License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
This section applies to insurance agents that are applying for a license in Idaho for the first time.
| Agency Fee: | From $80 to $500 depending on license type |
Registration Renewal
| Filing Method: | |
| Agency Fee: | Varies depending on license type |
| Due: | Biennially by the last day of initial registration month. |
Idaho Life Settlement Broker License - Non-Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $160 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $160 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Life Settlement Broker License - Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $300 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $80 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Life Settlement Provider License - Non-Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $600 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $600 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Life Settlement Provider License - Resident
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | No |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $500 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $300 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Non Resident Bail Agent License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $120 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Non Resident Producer License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Non Resident Surplus Lines Broker License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $120 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Non-Resident Public Adjuster License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Resident Bail Agent License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Yes |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Resident Producer License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | Not Set |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
Idaho Resident Surplus Lines Broker License
| Agency: | Idaho Department of Insurance |
| Foreign Qualification is Prerequisite: | Not Set |
| Exam Required? | No |
| Registered Agent (Special Agency) Required? | Not Set |
Initial Registration
| Filing Method: | |
| Agency Fee: | $80 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $60 |
| Due: | Biennially by the end of the licensee's birth month. |
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.
