Lookup a License: Use the License Inquiry Service to verify individual, agency, and company licenses.
Vermont implemented changes to its fee schedule during this recent legislative session. They changes were made under Act 70 H.527. As a result, producer appointment and adjuster/appraiser fees increased to $120.00 on July 1st, 2019. Also with this new implementation, the appointment renewal schedule will change to an annual cycle effective June 1st, 2021.
Vermont Adjuster, Appraiser, Public Adjuster, Surplus Lines Broker, Consultants, Reinsurance Intermediary, and Life Settlement Broker licenses expire on a common expiration date of March 31 of even years. If you apply for a license now, you will pay the initial license and application fee for a license that expires on March 31, of the next even year. You will also receive an invoice for the license renewal fee prior to the expiration date of that license. All applications received at the Insurance Department after March 1st, of the even year will not be issued effective until April 1st, of the same even year, unless a specific request is made.
Fees for these initial licenses are as follows:
On September 1, 2012 - ALL Non Resident Producer, Business Entity, and Surplus Lines Broker license applications were required to be submitted electronically to the Department.
Effective July 1, 2014 - ALL Non Resident PC Adjuster, DHS Adjuster, WC Adjuster, Crop Adjuster, Public Adjuster, Appraiser, Title Agent and Limited Lines Producer and Limited Lines Business Entity license applications must now be submitted electronically to the Department. This requirement includes the submission of supporting background documentation during the electronic application submission. An applicant may request a hardship exception to this requirement by stating the grounds for the hardship, and submitting the request by fax to 802-828-1633.
On September 1, 2012 - ALL Non Resident licensees were required to report electronically administrative, criminal and applicable civil actions electronically, with the exception of Adjusters with a DHS.
Effective July 1, 2014 - ALL Non Resident Licensees including DHS Adjusters must report ROA's done outside the application or renewal process using NIPR's Attachments Warehouse at www.nipr.com.
Background Question Supporting Documents (BQSD) - New applications or renewal applications submitted electronically who have an affirmative answer to a background question will be prompted to attach their backup documentation during the application or renewal process. A licensee may request a hardship exception to this requirement by stating the grounds for the hardship, and submitting the request by fax to 802-828-1633.
The Department of Financial Regulation has received a number of inquiries from insurers asking if Vermont law provides an exception to the adjuster licensing requirement if the individual adjusting is a staff adjuster of the insurer. The answer is 'No;' there is no exception to the adjuster licensing requirement, unless the insurer is a Vermont domestic fire or casualty company. See Title 8 V.S.A. 4791(3). Insurers should review their licensing protocols to ensure their adjusters handling Vermont claims are properly licensed. For information about how to obtain a license, go to www.dfr.vermont.gov.
The Vermont Department of Financial Regulation (DFR) will no longer be sending out an initial paper license or renewal license to non-resident licensees.
You can print your license any time after creating a Sircon account.
NOTE: The Department does NOT require a licensee to possess a paper copy of their license.
Wonder what your National Producer Number (NPN) is? This unique identifying number is assigned to licensed individuals by the NAIC (National Association of Insurance Commissioners) and most states are beginning to use it for various licensing purposes. You can use the License Number/National Producer Number Inquiry to find your NPN today.