South Carolina Insurance License
Licensing requirements for South Carolina insurance professionals and companies.
This page provides an overview of insurance licensing in South Carolina for individuals and companies. You will find state requirements, application fees, filing instructions, and more. For assistance with licensing, please contact us to learn about our software and managed license services.
Companies that provide insurance producer services in South Carolina must apply for a license prior to doing business. Depending on the lines of authority offered by the entity and the types of services offered, multiple firm licenses may be required.
Before applying, firms should ensure that the licensed individual to be appointed agent in charge has the necessary licenses. Firms should also gather proof of incorporation, or foreign qualification for out-of-state firms, in anticipation of application requirements.
- Jump To:
- South Carolina Financial Services Company Licenses
- South Carolina Individual Financial Services Licenses
Company Licenses
South Carolina Financial Services Company Licenses
South Carolina Collection Agency License
Not required
Debt Collection Agency licensure is not required on the State level in South Carolina.
South Carolina does not currently issue licenses for collection agencies.
South Carolina Insurance Agency License
| Agency: | South Carolina Department of Insurance |
Initial Registration
This section applies to insurance firms that are applying for a license in South Carolina for the first time.
| Agency: | South Carolina Department of Insurance |
| Filing Method: | |
| Agency Fee: | $40 |
South Carolina Utilization Review Agent Registration
Initial Registration
| Form: | File an Additional Questionnaire form with the department and file an online application through NIPR. |
| Filing Method: | |
| Agency Fee: | $1,200 |
Registration Renewal
| Form: | File an Additional Questionnaire form with the department and file an online application through NIPR. |
| Filing Method: | |
| Agency Fee: | $800 |
| Due: | Biennially by the date of issuance. |
Individual Licenses
South Carolina Individual Financial Services Licenses
South Carolina Adjuster License - Non-Resident
| Agency: | South Carolina Department of Insurance |
Initial Registration
| Filing Method: | |
| Agency Fee: | Depends on the home state of the applicant. See this page for details. |
South Carolina Individual Insurance Producer License
| Agency: | South Carolina Department of Insurance |
| Foreign Qualification is Prerequisite: | No |
| Registered Agent (Special Agency) Required? | No |
Initial Registration
| Filing Method: | |
| Agency Fee: | $25 |
Registration Renewal
| Filing Method: | |
| Agency Fee: | $25 |
| Due: | Biennially by the end of the licensee's birth month. |
South Carolina Public Insurance Adjuster License - Non-Resident
| Agency: | South Carolina Department of Insurance |
Initial Registration
| Filing Method: | |
| Agency Fee: | Depends on the home state of the applicant. See this page for details. |
Learn about insurance licensing in other states:
Adjuster - A person or firm that is paid to adjust, investigate, and negotiate claim settlements. There are 3 categories of adjusters: company, independent, and public. Company adjusters work for insurance companies and investigate claims on behalf of the company. Independent adjusters investigate claims on a contractual basis for insurance companies. Public adjusters investigate claims on behalf of claimants, usually to determine the amount of money that can be claimed.
Agent in Charge - A licensed individual responsible for the supervision of all individuals within an insurance agency. The agent in charge must be licensed in the same lines as the agency.
Insurance Agent - Insurance agents act as intermediaries between the insurance company and policyholders. Agents can be either captive or independent. Captive agents represent a single insurance company, while independent agents represent multiple insurers.
Insurance Broker - Individuals who sell insurance policies while representing the interests of the buyer. Brokers are typically independent intermediaries without an insurance company affiliation.
Insurance Producer - May be used to refer to either individual insurance agents and brokers or insurance agencies and brokerages.
Managing General Agent - An agent or broker that is involved in underwriting and has other areas of authority normally handled by insurers. MGAs are typically involved in unusual lines of coverage or in geographically prohibitive areas.
Surplus Lines Insurer - An insurance carrier that takes on risks that a licensed carrier is unwilling to insure. Surplus lines insurers do not have access to state guaranty funds and are less tightly regulated by state governing bodies.
Third Party Administrator - An organization that manages group insurance policies and works with the employer and insurance carrier to process claims, handle loss control, and provide risk management and consulting services.
Title Agent - Title agents sell insurance that protects real estate owners against loss of ownership of a property due to a legal claim.
Viatical Settlement Provider - A company that purchases life insurance policies at a discount from individuals seeking immediately available funds.
Independent Insurance Agents and Brokers of America (Big “I”)
Advocacy group of independent insurance brokers and agents.
National Association of Insurance and Financial Advisors (NAIFA)
Professional association that advocates for favorable regulatory conditions for insurance agents and financial advisors.
National Association of Insurance Companies (NAIC)
A standard setting and regulatory support organization that is governed by state insurance regulators.
National Association of Professional Insurance Agents (PIA)
Professional association that provides education and advocacy for insurance agents throughout the United States.
National Insurance Producer Registry (NIPR)
An affiliate of the NAIC that provides streamlined and uniform producer licensing processes.
