How to Get Your Minnesota Insurance License in 2026
A complete step-by-step guide to becoming a licensed insurance producer in Minnesota.
Minnesota insurance license — quick facts
| State regulator | Minnesota Department of Commerce |
| Exam vendor | PSI |
| Pre-licensing education | Verify per line |
| Exam fee (resident) | ~$45 per attempt |
| License application fee | ~$50-$80 per line |
| Fingerprinting | May be required |
| License term | 2 years |
| CE requirement | 24 hours / 2 years incl. 3 hours ethics |
The six steps
- 1
Complete pre-licensing education
Minnesota's PLE requirements should be verified with the Department of Commerce. {/* TODO: verify whether MN requires state-approved PLE per line — many sources indicate no statutory PLE requirement for resident producers */}
- 2
Schedule your PSI exam
Minnesota contracts with PSI for insurance license exams. Register at psiexams.com, pick a testing center, and pay the current exam fee (~$45 per attempt). {/* TODO: verify */}
- 3
Pass the exam
Minnesota uses a 70% passing standard for resident producer exams. PSI sends your score directly to the Department of Commerce within 24 hours.
- 4
Submit your license application
Apply through NIPR. Minnesota license fees run ~$50-$80 per line. {/* TODO: verify */}
- 5
Background check
Minnesota may require fingerprinting for new resident producers. {/* TODO: verify */}
- 6
Get appointed by a carrier
A producer license alone doesn't authorize you to sell — you need at least one carrier appointment.
What's on the Minnesota P&C exam
Standard NAIC P&C framework plus Minnesota-specific statutes (Minn. Stat. ch. 60K).
- Minnesota insurance regulation — ~15-20%
- General insurance principles — ~10-15%
- Property — ~20-25%
- Casualty — ~25-30%
- Commercial Package, BOP, WC, Surety — ~15-20%
CE requirements after licensing
Minnesota producer licenses renew every 2 years with 24 hours of Department-approved CE including 3 hours ethics.
Cost breakdown
- Exam prep (or PLE if required): $50-$300
- PSI exam fee: ~$45 per attempt
- License application: ~$50-$80 per line
- Biennial CE: $30-$200
Minnesota course — coming soon
We're finalizing our Minnesota content with the Department of Commerce. Sign up below to be notified when our Minnesota exam-prep course launches.
Notify me when Minnesota launches →Frequently asked questions
Does Minnesota require pre-licensing education?
Minnesota's PLE requirements should be verified with the Department of Commerce before registering for the exam.
What's the passing score on the Minnesota insurance exam?
70% — PSI administers and sends results to the Department of Commerce.
How long does it take to get a Minnesota insurance license?
Typically 4-7 weeks.
Related guides
- Texas insurance license cost — full breakdown
- How to get your Texas insurance license
- All exam-prep and CE pricing
Sources cited
- Minnesota Department of Commerce
- PSI Exams — Minnesota
- NIPR — National Insurance Producer Registry
- Minn. Stat. ch. 60K — Insurance Producers
This guide is based on Minnesota Department of Commerce and PSI published procedures current as of 2026. Always verify current requirements at mn.gov/commerce before relying on any specific number.