Passing your New York insurance license exam is a pivotal part of becoming a licensed insurance agent in the state of New York.
In this guide, we’ll break down the general information that you need to know in order to pass your exam, outline the differences between each examination line, and offer tips on both: how to prepare for your New York insurance licensing exam, and on what to do after you pass.
Tip: Doing a pre-licensing education course dramatically increases your chance of passing your exam on your first attempt, which can end up saving you both time and money in the long run.
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The state of New York uses PSI to administer its insurance agent licensing. This means you can register and book all of your licensing examinations through the PSI website. Your test can be carried out online or in person.
Each major insurance line examination is made up of multiple-choice questions and includes both general and state-specific material.
The general questions test your federal insurance product and agent knowledge, whereas the state-specific questions test you on the New York insurance regulations and laws that you will need to know in order to operate as an insurance agent.
You must score at least 70% correct overall to pass your insurance license exam. You don’t have to reach this mark for each individual section, so long as the overall score is 70%.
Your score will be shown upon completion, so you’ll instantly know whether you passed or not.
The overall score is all that will be shown if you pass. If you fail, a diagnostic report that shows your strengths and weaknesses will also be provided.
Note: You can request a duplicate score report by reaching out to PSI at scorereport@psionline.com. You will need to include your name, candidate ID number, and confirmation number.
Your New York insurance license exam cost will depend on the number of examinations that you take:
Examination
Cost
Time Allowed
Life, Accident, and Health
