Colorado Insurance Prelicensing Requirements

COLORADO INSURANCE PRELICENSING INFORMATION

Colorado requires potential agents take and complete a state approved prelicensing course before taking their licensing exam.

HOW DO I COMPLETE MY EXAMFX PRELICENSING EDUCATION COURSE?

To earn your certificate of completion, you must:

  • Complete and pass the certificate exam with a score of 70% or better with a proctor/disinterested third party present. The disinterested third party chosen by the licensee to monitor your simulated exam must have no financial interest in the success or failure of a licensee maintaining an insurance license and must not be a minor, relative, supervisor, or an employee under your line of supervision.

DON'T FORGET YOUR GUARANTEE EXAM!

ExamFX is so confident in the quality of its material that we offer our customers a first-time pass guarantee. If you don’t pass the first time around, we will refund your money. To qualify for this offer, you must pass our Guarantee Exam with a score of 80% to determine maximum exam readiness. While completing this portion of your online course is not required, we highly recommend taking this extra step.

HOW DO I GET MY LICENSE?

Step 1: Complete a prelicensing course that has been approved by the Department of Insurance. Once you have completed your course, ExamFX will issue a certificate of completion which you may download and print from your online ExamFX account. Certificate population may be delayed by a short period time due to need for proctor validation.

Step 2: Schedule your exam with your state’s testing provider, Pearson VUE. You may also schedule over the phone at (800) 274-2616. Your exam fee will be $48 and must be paid at the time of reservation.

Step 3: Take and pass you state licensing exam. On the day of your appointment you must bring with you two valid forms of government issued identification (driver’s license, passport, military I.D., etc.) which must contain your name and photograph. You must also bring with you your certificate of completion. You will not be able to take your exam if these requirements are not met.

After the exam, results will be available immediately.

Step 4: Apply for your license. Colorado resident applicants may use the online application service at NIPR or with Sircon.

Step 5: Maintain your license by being aware of your continuing education requirements. Most insurance licenses must be maintained by completing a certain number of credit hours of continuing education each licensing period. ExamFX offers continuing education courses that will help you comply with your state’s requirements. Click here to view your state’s education rules and stay on top of your license.

WHAT WILL MY EXAM BE LIKE?

Your exam experience is dependent on the line of authority you are testing for. Carefully review the below examination breakdowns to learn important factors like:

 

  1. the number of questions on your exam
  2. the time limit
  3. the subjects that you will be tested on
  4. the score that you must achieve to pass the exam

 

Colorado Life Insurance Examination
95 Questions (80 scored, 15 pretest)
Time limit: 2 hours
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Insurance:
Completing the Application, Underwriting, and Delivering the Policy 15%
Types of Life Policies 15%
Policy Riders, Provisions, Options, and Exclusions 23%
Taxes, Retirement, and Other Insurance Concepts 10%
State Law:
Colorado Statutes, Rules, and Regulations Common to All Lines 25%
Colorado Statutes, Rules, and Regulations Pertinent to Life Only 12%

Colorado Accident and Health Insurance Examination
96 Questions (80 scored, 16 pretest)
Time Limit: 105 minutes
Passing score: 70%

CHAPTERPERCENTAGE OF EXAM
General Knowledge:
Field Underwriting Procedures 11%
Types of Policies 18%
Policy Provisions, Clauses, and Riders 25%
Social Insurance 3%
Other Insurance Concepts 5%
State Law:
Colorado Statutes, Rules, and Regulations Common to All Lines24%
Colorado Statutes, Rules, and Regulations Pertinent to Sickness and Accident Only 14%

Colorado Property Insurance Examination
90 Questions (75 scored, 15 pretest)
Time Limit: 2 hours
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Knowledge:
Insurance Terms and Related Concepts 19%
Policy Provisions and Contract Law 15%
Types of Policies 33%
State Law:
Colorado Statutes, Rules, and Regulations Common to All Lines 25%
Colorado Statutes, Rules and Regulations for Property and Casualty Only 5%
Colorado Statutes, Rules and Regulations Pertinent to Property Only 3%

Colorado Casualty Insurance Examination
96 Questions (81 scored, 15 pretest)
Time Limit: 2 hours
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Knowledge:
Insurance Terms and Related Concepts 17%
Policy Provisions 14%
Types of Policies, Bonds and Related Terms 31%
State Law:
Colorado Statutes, Rules, and Regulations Common to All Lines 23%
Colorado Statutes, Rules and Regulations for Property and Casualty Only 5%
Colorado Statutes, Rules and Regulations Pertinent to Casualty Only 10%

Colorado Personal Lines Insurance Examination
119 Questions (104 scored, 15 pretest)
Time Limit: 2 hours and 15 minutes
Passing Score: 70%

CHAPTERPERCENTAGE OF EXAM
General Knowledge:
Property and Casualty Insurance Terms and Related Concepts 27%
Property and Casualty Policy Provisions and Contract Law 23%
Types of Property Policies 10%
Types of Casualty Polices12%
State Law:
Colorado Statutes, Rules and Regulations Common to All Lines18%
Colorado Statutes, Rules and Regulations for Property & Casualty Only 3%
Colorado Statutes, Rules and Regulations Pertinent to Property Only 2%
Colorado Statutes, Rules and Regulations Pertinent to Casualty Only 5%

I FAILED MY EXAM. NOW WHAT?

We are sorry to hear that you have failed your first attempt at passing your state’s licensing exam. These licensing exams are difficult and some candidates must try again to reach their goal. We want to help you get there, so we recommend that you:

Step 1: Reschedule your exam through the initial registration process after a 24 hour waiting period.

Step 2: ExamFX’s subject matter experts are available by email at instructor.support@examfx.com to help you pass your licensing exam on your next attempt. Many testing providers will supply you with a score report or performance summary after your testing appointment. Use this report to let the ExamFX subject matter experts know what areas of the exam that you are struggling the most with.

Step 3: Study your materials. ExamFX materials are created by analyzing the exact testing outline supplied by your testing provider or Department of Insurance. This means that all the information that you need to pass your exam is within your course. Be confident that with more studying, you can pass your licensing exam and achieve your goals!

MORE QUESTIONS?

ExamFX recommends that you contact your Department of Insurance or testing center directly.

For PearsonVUE licensing information:
Pearson VUE Colorado Insurance
3131 S Vaughn Way, Suite 205
Aurora, CO 80014
Phone: (800) 275-8247
E-mail: PVColoradoInsurance@pearson.com
Website: www.pearsonvue.com

For questions about the examination:
Pearson VUE
Website: www.pearsonvue.com
Phone: (800) 274-2616

For state licensing information:
Colorado Division of Insurance
Department of Regulatory Agencies
1560 Broadway, Suite 850
Denver, CO 80202
Phone: (303) 894-7499
Website: www.colorado.gov

The information displayed above is for informational purposes only. ExamFX is not responsible for the accuracy of the information on this page. All steps have been taken to make sure that the information relayed on this page is accurate; however, information is subject to change without notice. It is the responsibility of the producer to be compliant per their states requirements.