State Requirements

Business Rules

• Please note that Colorado does not license independent adjusters. If you, or the party you are applying on behalf of, are an independent adjuster who works on behalf of an insurer, please do not apply for a public adjuster license.

• Public Adjuster's applying as a Resident or Non-Resident receive this message:  "Pursuant to statute 10-2-417(2), C.R.S. and Colorado Insurance Regulation 1-2-19, you must provide a $20,000 signed Surety Bond from an insurance company and a Power of Attorney in the format defined in the regulation. Failure to provide the Surety Bond and the Power of Attorney may delay processing. Email the Surety Bond and Power of Attorney to pvcoloardoinsurance@pearson.com"

• Applicant must be eighteen (18) years old or older as determined from the applicant's date of birth.

• Applicant must not hold an active resident license in another state or an active non-resident license in Colorado.

• Applicant must not have any serious RIRS actions or 1033 actions. Please contact the state if applicable.

• All amendment applications will be deferred to the state for review.

• Professional Cash Bail Agent line of authority applicants must already actively hold the Resident Producer- Casualty line of authority.

• Resident Producer life is required when Resident Producer variable life and variable annuity product is selected.

• Resident Public Adjuster must submit a fiduciary bond for an amount no less than $20,000. The original bond must be mailed to or delivered to the state.

• Surplus Lines applicants must hold an active property and casualty line of authority (LOA) or apply for property and casualty LOA simultaneously in order to be eligible for surplus lines.

• Variable Annuities applicants who have not provided their CRD# on the application must mail or fax proof of FINRA registration. For applicants who have provided their CRD#, Pearson VUE will verify current registration on the FINRA website. If Pearson VUE is unable to verify this information, the applicant will be notified by mail.

• Title applicant, including attorney title and title agency, must complete the Affiliated Business Arrangement Disclosure Form immediately after initial licensure or renewal of a title license. The form can be found on Colorado's state website. Failure to submit the form is cause for license suspension, revocation, and or a fine.

• Applicants applying for either Variable Life and Variable Annuity Products or Surplus Lines must already hold, or apply for in conjunction with their application, the required prerequisite authority(ies).

• Colorado law allows an insurance producer exemption from pre-licensing education and testing if reinstatement of their license occurs within one year of the license termination/expiration date.  Beyond that one (1) year period, the individual must apply for a new Colorado resident license, which includes a new prelicensing education course and passing the Colorado exam.

• If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax.