Insurance Agent Permit Requirements in Evansville, IN

1. EIN (Employer Identification Number)

   Required if operating as a business entity (LLC, corporation) or if you have employees. Free from the IRS. Sole proprietors without employees may use their SSN but an EIN is recommended for privacy.

   Official government source

   Free·Immediate (online application)

   Free

   Immediate (online application)

2. NIPR — National Insurance Producer Registry

   Most states process insurance producer licenses through the National Insurance Producer Registry (NIPR). When applying for or renewing a license, or when applying for non-resident licenses in other states, NIPR streamlines the multi-state process.

   Official government source

   Varies by state ($10–$25 NIPR transaction fee)·Immediate processing

   Varies by state ($10–$25 NIPR transaction fee)

   Immediate processing

1. Indiana Department of Insurance — Resident Insurance Producer License

   To sell, solicit or negotiate insurance in Indiana you must hold a resident insurance producer license from the Indiana Department of Insurance (IC 27-1-15.6). You must be at least 18, keep your principal residence or place of business in Indiana, complete an IDOI-approved pre-licensing education course and obtain a Certificate of Pre-Licensing Education Completion (valid six months), pass the Pearson VUE exam for each line of authority, and apply online through Sircon or NIPR. Licenses renew biennially on the last day of your birth month with 24 hours of continuing education.

   Official government source

   $40 application fee per license line (Life; Health; Life and Health; Property and Casualty; Personal Lines) + $69 Pearson VUE producer exam fee; $40 biennial renewal; pre-licensing course cost varies by provider·4–8 weeks (education, exam and application processing)

   $40 application fee per license line (Life; Health; Life and Health; Property and Casualty; Personal Lines) + $69 Pearson VUE producer exam fee; $40 biennial renewal; pre-licensing course cost varies by provider

   4–8 weeks (education, exam and application processing)

2. Indiana Department of Insurance — Resident Business Entity (Agency) Producer License

   An agency organized as an LLC, corporation or partnership must hold its own Business Entity producer license from the Indiana Department of Insurance, separate from its individual producers' licenses. The entity must name at least one Designated Responsible Licensed Producer (DRLP) who holds the same lines of authority the entity is seeking. Apply online through Sircon or NIPR. The license renews biennially.

   Official government source

   $40 application fee plus online processing fee; $40 biennial renewal·2–4 weeks

   $40 application fee plus online processing fee; $40 biennial renewal

   2–4 weeks

3. Indiana — Errors & Omissions (E&O) Insurance

   While not mandated by state law in all cases, most Indiana carriers and agency contracts require licensed insurance agents to carry Errors & Omissions (professional liability) insurance. E&O protects against claims arising from mistakes or failures in professional services. Minimum coverage is typically $1 million per occurrence.

   Official government source

   $400–$2,500/year depending on lines sold and revenue·Obtained before writing business

   $400–$2,500/year depending on lines sold and revenue

   Obtained before writing business

4. Indiana Department of Revenue — Registered Retail Merchant Certificate (Sales Tax)

   Insurance premiums are not subject to Indiana sales tax, and Indiana does not tax services generally. You only need a Registered Retail Merchant Certificate (RRMC) if your agency sells tangible personal property at retail. Businesses also owe 7% use tax on taxable items bought without tax paid (e.g. out-of-state office supplies). Register through INBiz using the BT-1 business tax application.

   Official government source

   $25 registration fee per business location; renews automatically every two years at no charge·Immediate to 1 week (online via INBiz)

   $25 registration fee per business location; renews automatically every two years at no charge

   Immediate to 1 week (online via INBiz)

1. No General Business License in Evansville

   Evansville does not require a general business or occupational license for insurance agencies operating from a physical office. The city's licensing list covers only specific regulated activities and does not include this profession. Insurance producers are licensed at the state level by the Indiana Department of Insurance.

   Official government source

   Not applicable (city level)·Not applicable

   Not applicable (city level)

   Not applicable

Official Sources

• Indiana Department of Insurance
• NIPR — National Insurance Producer Registry
• Evansville Business Licensing

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