Monday, July 27, 2009

Transfer Resident P&C License from VA to IL?

My cousin lives in Virginia and wants to get her P%26amp;C license right now. She is planning on moving to Illinois within a few years. I believe she can write to the Department of Insurance of IL and submit a fee, but I'm not sure.





Anyone know how this works?





I should know this, as it was on the P%26amp;C test that I took a few months ago but I've forgotten most of what I learned from that class!





Thanks in advance :)

Transfer Resident P%26amp;C License from VA to IL?
She can get her P%26amp;C license now in VA. Then, once she moves, she has to notify VA Dept of Insurance, there is a number of days she has to do this. They will cancel her VA license. When she gets to IL, she will need to contact the Dept of Insurance there %26amp; find out their requirements. When I moved to a different state, I had to take only the Law %26amp; Ethics portion of the state test in the new state (50 questions instead of the regular 100 questions) because the basic rules of insurance are the same from state to state %26amp; the ISO forms are the same. On the law %26amp; ethics section you would have to know the state specific forms, the number of days for cancellation %26amp; nonrenewal, days to notify the State of changes to your situation (name change, address change, etc), things like that. Once she passes the test in IL, she would have to pay the fees to the State to have her license.


Good luck to her.
Reply:it depends on the state. if they are reciprocal states all she has to do is get a letter of clearance from VA and then fill out an app in IL, pay the fee, and then submit with the letter of clearance. i had to do this when i moved from NC to SD and back again. VERY easy. you can contact the IL insurance dept and they can tell you exactly what she needs to do.
Reply:When you move, first you get a letter of clearance from your old state, then you fill in the application and do whatever you have to do for the new state (sometimes it's taking a test, frequently it's getting fingerprinted), turn in your letter of clearance and a fee, and voila! You have your new resident license.


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