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How do I Renew My Oklahoma Insurance Adjuster License?
- July 13, 2022
- Posted by: April Hilbert
- Category: Adjuster Licensing Claims Training Continuing Education eLearning Insurance Adjuster licensing Uncategorized Workers' Compensation
Once you have your insurance adjuster license, you might ask yourself what you need to do to keep it active. You will need to complete some additional steps every couple of years to maintain your license, including completing Continuing Education Courses.
To be CE compliant requires more than just taking CE courses. It’s important to be aware and to think ahead so you don’t find yourself stuck with fines or penalties. Here are 3 steps to maintaining an active adjuster license in Oklahoma:
1. Review the State Requirements
In order to renew your insurance license, you must complete the required continuing education hours for the lines of insurance that you are licensed in. All the hours must be completed and reported prior to your license renewal date to avoid a lapse in your license. You can access your CE status and transcript HERE.
General Requirements:
Resident Adjusters are required to complete 24 hours of continuing education (CE) every two-years. The 24 hours should consist of 3 hours of ethics, 2 hours of legislative update and 19 hours of adjuster general.
A licensee holding a property line of authority is required to complete a 1 hour earthquake course, plus a 1 hour flood course.
Compliance Renewal Date
Oklahoma Adjuster licenses expire every two years. The expiration will be on the last day of your birth month, biennially, based on the anniversary of your original license year. This means that if you were licensed in an even-numbered year, your license will expire on the last day of your birth month in the next even-numbered year. From there, licenses renew on the last day of your birth month every other year.
Your transcript must show CE COMPLIANT, at least 3 business days before you will be allowed to process your renewal application online. Best Practice is that your CE should be completed at least 30 days prior to the license expiration date to allow ample time for the CE provider to report the credit. This will also allow time for you to process your renewal prior to expiration.
*Six (6) credit hours in excess of the minimum twenty-four-month period requirement shall carry forward to the next twenty-four-month period as general hours.
*You may not repeat a course within the same compliance period.
2. Register for and Complete Courses
Once you have determined the renewal requirements for your license, you can register for courses. Each course has an associated credit type; when registering for courses, select courses with credit types that will help to fulfill the renewal requirements for your license.
AE21 makes it simple to register for and complete all your CE requirements. CE registration is done through our state-of-the-art eLearning system. You can log-in or register your account HERE.
By entering Oklahoma as your licensing state during registration, the system will present you with a customized dashboard that will contain the Oklahoma course catalogs, as well as important links for Oklahoma adjusters. Once logged in, you will be able to add courses from the catalog to your shopping cart and proceed with online checkout and enrollment. Make sure that the adjuster license number listed in your eLearning system profile is correct and that the name on your profile reflects your name as stated on your adjuster’s license.
Pursuant to state rules, all online CE courses do contain a final exam. But don’t worry! Our “reinforced learning” format will ensure that you are completely prepared and you will have unlimited attempts to achieve a passing score.
Reporting Method:
You must fulfill the course requirements for each of the courses to have them reported. Once a course has been completed, the completion must be reported to the state. AE21 will report the course completions to the Oklahoma Department of Insurance. We will take care of all the reporting for you. We report CE credits within 1-3 business days following the completion of a course.
3. File a Renewal Application
Once all CE requirements have been met, adjusters may file online renewals beginning 90 days prior to license expiration. All renewals are required to be processed online through the National Insurance Producer Registry.
There is a $60 fee to renew your Oklahoma adjuster license.
To contact the Oklahoma Office of the Insurance Commissioner:
Five Corporate Plaza
3625 NW 56th Street, Suite 100
Oklahoma City, OK 73112
405-521-3916
licensing@oid.ok.gov