How Much Does It Cost to Take the Texas Insurance License Exam? – Are you interested in becoming a licensed insurance agent in Texas? If yes then you will need to pass the state exam for the line of insurance you want to sell. The Texas Department of Insurance (TDI) contracts with Pearson VUE to administer the exam and collect the fees. The cost of the exam varies depending on the type of license you are applying for.
In this article, we will break down the exam costs for each major line of insurance, as well as some tips on how to prepare and register for the exam.
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Exam Costs by Line of Insurance
The following table shows the exam costs for each major line of insurance in Texas, as of 2023:
| Line of Insurance | Exam Cost |
|---|---|
| General Lines – Life, Accident & Health | $43 |
| General Lines – Property & Casualty | $43 |
| Life Agent | $33 |
| Personal Lines Property & Casualty | $33 |
| Property and Casualty Risk Manager | $33 |
| Public Insurance Adjuster | $33 |
| Adjuster – All Lines | $43 |
| Adjuster – Property & Casualty | $43 |
| Adjuster – Workers Compensation | $23 |
| Limited Lines | $23 |
| Surplus Lines | $23 |
| Insurance Service Representative | $43 |
| Life and Health Insurance Counselor | $43 |
| Managing General Agent | $43 |
These fees are non-refundable and non-transferable. You will need to pay the fee each time you take the exam, regardless of whether you pass or fail. You can pay the fee online by credit card or debit card when you register for the exam.
How to Register for the Exam
You can register for the exam online or by phone. You will need to create an account on the Pearson VUE website and select the exam you want to take. You will also need to provide some personal information, such as your name, address, date of birth, and Social Security number. You will then be able to choose a date and time for your exam, as well as a location. You can take the exam online or at a Pearson VUE testing center near you.
You will need to register at least 24 hours in advance of your preferred exam date. You can also reschedule or cancel your exam up to 48 hours before your scheduled appointment, without any penalty. If you reschedule or cancel within 48 hours, you will forfeit your exam fee and have to pay again.
How to Prepare for the Exam
The best way to prepare for the exam is to study the content outline provided by Pearson VUE. The content outline shows the topics and subtopics that are covered in each exam, as well as the number and percentage of questions for each section. You can use the content outline as a guide to focus your study efforts on the most important areas.
You can also use various study materials and resources to help you review the concepts and terms that you need to know for the exam. Some of these resources include:
Pre-licensing courses
These are courses that are designed to teach you everything you need to know for the exam. They are usually offered by online or classroom providers that are approved by TDI. You can find a list of approved providers on the TDI website. Some lines of insurance require you to complete a pre-licensing course before you can take the exam, such as Life and Health Insurance Counselor and Managing General Agent.
Study guides
These are books or manuals that summarize the key points and information that are covered in the exam. They usually include practice questions and answers, as well as tips and strategies for taking the exam. You can buy study guides from various sources, such as Amazon or Barnes & Noble.
Practice exams
These are mock exams that simulate the format and difficulty of the actual exam. They usually consist of multiple-choice questions that test your knowledge and understanding of the material. They also provide feedback and explanations for each question, so you can learn from your mistakes and improve your performance. You can find practice exams from various sources, such as Pearson VUE, ExamFX, or Kaplan.
What to Expect on Exam Day
On the day of your exam, you will need to bring some items with you, such as:
- A valid government-issued photo ID, such as a driver’s license or passport
- A confirmation email or letter from Pearson VUE with your reservation number
- A calculator (if allowed for your exam)
- A pen and paper (if allowed for your exam)
You will also need to follow some rules and procedures, such as:
- Arrive at least 30 minutes before your scheduled appointment
- Check in with the test administrator and present your ID
- Store your personal belongings in a locker or designated area
- Read and sign the candidate rules agreement
- Have your photo and palm vein scan taken
- Proceed to your assigned workstation and begin your exam
The exam will consist of multiple-choice questions that are delivered on a computer. You will have a specific amount of time to complete the exam, depending on the line of insurance. You can use the calculator, pen, and paper provided by the testing center if needed. You can also use the on-screen tools, such as the highlighter, magnifier, and flag functions, to help you navigate the exam.
You will be able to see your score report on the screen as soon as you finish the exam. You will also receive a printed copy of your score report from the test administrator. The score report will show whether you passed or failed, as well as your scaled score and the passing score for your exam. The scaled score is a number between 0 and 100 that reflects how well you performed on the exam, relative to the difficulty of the questions. The passing score is the minimum scaled score that you need to pass the exam. The passing score varies by exam, but it is usually around 70.
If you pass the exam, you will be eligible to apply for your license with TDI. You will need to submit an application form, pay an application fee, and undergo a background check. You will also need to provide proof of completing any required pre-licensing education or training. You can find more information on how to apply for your license on the TDI website.
If you fail the exam, you will need to retake it until you pass. You can retake the exam as many times as you need, but you will have to pay the exam fee each time. You will also have to wait at least 24 hours before you can register for another attempt. You can use your score report to identify your areas of weakness and focus your study efforts accordingly.
In conclusion, Taking the Texas insurance license exam is a necessary step to becoming a licensed insurance agent in Texas. The cost of the exam depends on the line of insurance that you want to sell, and it ranges from $23 to $43 per attempt. You can register for the exam online or by phone with Pearson VUE, and you can take it online or at a testing center near you. You can prepare for the exam by studying the content outline, using various study materials and resources, and taking practice exams. You can expect to see your score report on the screen and receive a printed copy after you finish the exam. If you pass, you can apply for your license with TDI. If you fail, you can retake the exam until you pass.
Frequently Asked Questions (F&Qs)
Is it hard to pass the Texas insurance exam?
Each Texas insurance licensing exam presents its own challenge. Between Life and Accident & Sickness, students say that the Accident & Sickness (Health) insurance exam is the more difficult. Health insurance policies are simply more complicated than life insurance policies. The Property insurance exam is easier than the Casualty insurance exam. Property insurance deals with easy-to-understand issues – fire, flooding, earthquake, etc. On the other hand, Casualty insurance deals primarily with Liability insurance – protection against lawsuits. Casualty insurance is a more conceptual topic and one that is more difficult for students to grasp – particularly if you have never been sued.
You will need a scaled score of at least 70 to pass the insurance licensing exam. Each state considers the difficulty of the test’s questions, accounting for differences in the version by equating and scaling raw scores. Preparation is key to passing the insurance licensing exam.
How long is the Texas insurance license course?
The length of the Texas insurance license course depends on the type of license you are seeking. For example, if you are seeking a General Lines – Life, Accident, Health, and HMO license, you must take at least 40 hours of training. If you are seeking a Texas Adjuster (Property & Casualty) or Texas Adjuster (Worker’s Compensation) license, you must complete 40 hours of prelicensing education. Temporary licensees must complete 40 hours of prelicensing education within 14 days of their temporary license application
How long is the Texas insurance license exam?
The duration of the Texas insurance license exam varies depending on the type of license you are seeking. For example, the Texas Personal Lines Insurance Examination has a time limit of 2 hours. You can find more information about the duration of specific exams on the Pearson VUE website.
How Much Does It Cost to Take the Texas Insurance License Exam?
How Much Does It Cost to Take the Texas Insurance License Exam?
How Much Does It Cost to Take the Texas Insurance License Exam?
How Much Does It Cost to Take the Texas Insurance License Exam?
How Much Does It Cost to Take the Texas Insurance License Exam?