Licensing and Registration Fees
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Note: All license or registration fees are non-refundable and non-transferable whether the application has been approved, denied, cancelled, withdrawn, or when an applicant submits multiple applications for the same license or registration.
Maryland Insurance Administration Licensing and Registration Fees:
Producer (Individual / Business Entity) – Resident / Non Resident **
| $54
| $69*
| $169*
|
Motor Vehicle Rental Company / Franchisee **
| $54
| $69*
| $169*
|
Portable Electronics Limited Lines License **
| $54
| $69*
| $169*
|
Self-Service Storage (Individual / Business Entity) – Resident /Non Resident **
| $54
| $69*
| $169*
|
Peer-To-Peer Car Sharing **
| $54
| $69*
| $169*
|
Public Adjuster - Resident / Non Resident **
| $50
| $65*
| $165*
|
Insurance Adviser - Resident / Non Resident **
| $200
| $215*
| $315*
|
Third Party Administrator (TPA) **
| $250
| $65*
| $100*
|
| Surplus Lines (Individual / Business Entity) - Resident / Non Resident Note: The Surplus Lines License requires an active Producer License with the Property and Casualty lines of authority. Surplus Lines Licenses are issued to expire on the same day as the underlying Producer License. Initial fee depends on if the producer license expires within one year or more than one year.
| $100 / $200
| $200
| $300
|
| Viatical Life Settlement Broker Note: The Viatical Life Settlement Broker registration requires an active Producer License with the Life line of authority. Viatical Life Settlement Broker registrations are issued to expire on the same day as the underlying Producer License.
| $250
| $50*
| N/A
|
Viatical Life Settlement Provider
| $1,000
| $50*
| N/A
|
Third Party Administrator (TPA) – ERISA Only
| $0
| $0
| N/A
|
| Motor Club Representative Registration Note: Registrations expire August 31st unless renewed. The initial registration is $5.00 if submitted September 1st – April 30th ; the fee is $7.00 submitted May 1st – August 31st
| $5 / $7
| $2
| N/A
|
Temporary Producer License (Due to Death / Disability)
| $27
| N/A
| N/A
|
* Late Renewals are allowed for up to 1 year after the expiration date
One (1) year after the expiration date, licensees may reinstate the license by completing all the initial license requirements.
** Renewal fees includes $15 fraud fee