License fees for individuals (nonresidents)

A. Total fee due for new applications: $130 (biennial license)

B. Individual/insurance producer renewal fee: $130 (biennial license)

Miscellaneous fees (nonresidents)

1. Duplicate License fee: $25.00 (if requested)
2.  *Letter of Clearance Fee $15.00 each
3. **Reinstatement Fee: additional fee of $50.00
4. ***Amendment to license fee: $50.00

*Request must be in writing and the original license should be attached to the request.

**Pursuant to R.I. Gen. Laws § 27-2.4-9(c) a license that expires is renewable within one (1) year of the expiration date.

If the Renewal is received within the thirty (30) day grace period of the expiration date, the individual is required to pay the biennial Renewal Fee of $130.  An additional Reinstatement Fee is not required.

If the Renewal is received over the thirty (30) day grace period of the expiration date, the individual is required to pay the biennial Renewal Fee  $130 + an additional reinstatement fee of $50 for a total fee of $180.

Renewals/Reinstatements will not be accepted past one-year. All Individuals that are over the one-year allowable time frame are required to reapply as a new applicant, complete a new NAIC Uniform Application and pay the biennial fee of $130.

***Nonresident licensees that wish to amend his/her license (to add another LOA) are required to complete an NAIC Uniform Application to amend, and pay the additional amendment fee of $60.

Bond/Deposit requirements: Pursuant to R.I. Gen. Laws § 27-2.4-10(a) and (d), Rhode Island is only requiring a bond (in the amount of $25,000) from Rhode Island resident surplus lines broker applicants and nonresident surplus lines broker applicants whose home state require Rhode Island residents to obtain a bond as a condition of licensure. The states requiring bonds are California, District of Columbia & Florida.

Miscellaneous fees (residents)

1. Duplicate License Fee: $25.00 (if requested)
2. * Letter of Clearance Fee: $15.00 each
3.  **Reinstatement Fee: additional fee of $50.00
4. ***Amendment to license fee: $50.00 

*Request must be in writing and the original license should be attached to the request.

**Pursuant to R.I. Gen. Laws § 27-2.4-9(c) a license that expires is renewable within one (1) year of the expiration date.

If the Renewal is received within the thirty (30) day grace period of the expiration date, the individual is required to pay the biennial Renewal Fee of $130. An additional Reinstatement Fee is not required.

If the Reinstatement is received over the thirty (30) day grace period of the expiration date, the individual is required to pay the biennial   Renewal Fee  $120 + an additional reinstatement fee of $50 for a total fee of $ 170.

Renewals will not be accepted past one-year. All Individuals are over the one-year allowable time frame are required to reapply as a new applicant, complete a  new NAIC Uniform Application and pay the biennial fee of $ 120.

***Resident licensees that wish to amend his/her license (to add another LOA) are required to complete an NAIC Uniform Application and pay the additional amendment fee of $55.

To check the status of a license or to verify the expiration date, please visit the Department website at www.dbr.state.ri.us. 

Bond/Deposit requirements: Pursuant to R.I. Gen. Laws § 27-2.4-10(a) and (d), Rhode Island requires a bond (in the amount of $25,000) for all Rhode Island resident surplus lines broker applicants.