How much does it cost to get licensed, bonded, and insured?

Getting licensed as an insurance producer typically means paying an exam fee, an application fee, and a fingerprint background check fee, plus NIPR's $5.60 transaction fee when you apply online. State fees vary widely: Texas charges $49 for the exam and $50 for the application, while Illinois charges $92 for the exam pair and $215 for a biennial resident license. A surety bond is required only in some cases, such as Illinois producers placing business with non-contracted insurers ($2,500 minimum), and errors-and-omissions coverage is required for Texas agency licenses.