Florida Personal Lines Insurance License Exam — All Questions
3 questions
Which agency licenses resident personal lines insurance agents in Florida?
- a.The Florida Office of Insurance Regulation
- b.The federal Department of Insurance
- c.The Florida Board of Insurance Agents
- d.The Florida Department of Financial Services (DFS)✓
In Florida, agents are licensed by the Florida Department of Financial Services (DFS), through its Division of Insurance Agent and Agency Services. (A separate body, the Office of Insurance Regulation, oversees insurers' rates and solvency.) Source: Florida DFS (https://myfloridacfo.com/division/agents).
After an agent is licensed in Florida, what generally must occur before he or she can transact business for a specific insurer?
- a.The agent must post a personal surety bond with the state treasurer
- b.The agent must first sell to at least five clients on a temporary permit
- c.Nothing further — the license alone authorizes sales for any insurer
- d.The insurer must appoint the agent, and that appointment is filed with the Florida Department of Financial Services✓
A license lets a person act as an agent, but to represent a particular company that insurer must appoint the agent, with the appointment filed with the Florida Department of Financial Services. An agent may hold appointments from several insurers at once. This mirrors the NAIC producer-licensing model Florida follows.
Which statement about continuing education (CE) for resident personal lines agents in Florida is correct?
- a.Resident agents must complete state-approved CE each renewal cycle to keep the license active; confirm the exact hours and ethics requirement with the Florida Department of Financial Services✓
- b.CE is optional and only recommended for new agents
- c.Passing the licensing exam permanently exempts an agent from all CE
- d.CE is required once, in the first year, and never again
Florida requires resident agents to complete approved continuing education each renewal cycle, typically including an ethics component, before renewing. Because specific hour totals change, verify the current CE requirement directly with the Florida DFS (https://myfloridacfo.com/division/agents).