The Vermont Department of Insurance no longer prints and mails a paper copy of a License at renewal time. There are TWO ways for a licensee to obtain documentation of their licensure. NOTE: The Department does NOT require a licensee to possess a paper copy of their license.
A licensee can confirm that their license has been renewed or issued , by checking thier License Status Here you can print a copy of your license information for your records at no cost.
Using the Sircon logo licensees who either applied or renewed a license using SIRCON will be able to print a license copy free of charge within 30 days of renewing or applying for their license. For all other licensees, there is a $5.75 charge to print a license copy from SIRCON.
This logo will take you to the dedicated page on the SIRCON site for Vermont Licensees:
Click on the Sircon logo to Renew these license types:
Resident PC & WC Adjusters
Resident Appraisers
Resident Surplus Lines Brokers
Non-Resident PC & WC Adjusters - Must Renew Online
Non-Resident Appraisers - Must Renew Online
Non-Resident Public Adjusters - Must Renew Online
Non-Resident Surplus Lines Brokers - Must Renew Online
► All Other License Types must renew by paper
ATTENTION: During the electronic license renewal process using Sircon, if the National Producer Database (PDB) lookup fails to identify your resident license, use Vermont as your resident state and use your Vermont license number as your resident license number.
This logo will take you to the dedicated page on the NIPR site for Vermont Licensees:
To Renew these license types you can use NIPR:
Resident Surplus Lines Brokers
Non-Resident Surplus Lines Brokers - Must Renew Online
IMPORTANT NOTICE FOR NEW APPLICANTS: Vermont Crop Adjuster licenses expire on a common expiration date of March 31, 2012(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, 2012. 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, 2012 will not be issued effective until April 1st, 2012, unless a specific request is made.
For information about licensing requirements, how to apply for a license and FAQs. Vermont Law defines a Crop Adjuster to mean, any person who investigates claims and negotiates settlement of claims arising under policies of insurance in behalf of insurers under such policies, or who advertises or solicits business from insurers as an adjuster. Lawyers settling claims of clients shall not be considered an adjuster. A license as an adjuster shall not be required of an official or employee of a domestic fire or casualty insurance company or of a duly licensed resident insurance producer of a domestic or duly licensed foreign insurer who is authorized by such insurer to appraise losses under policies issued by such insurer. See Title 8, §4791.
License Requirements
In order to obtain a Crop Adjuster license an applicant must be at least 18 years of age; must be deemed to be competent, trustworthy and financially responsible; have passed a proficiency examination approved by the Federal Risk Management Agency; meet an experience requirement and submit a license application and fees. The experience requirement may be satisfied in three different ways:
1.The applicant possesses two years’ experience in handling of loss claims.
2.The applicant has undergone special training of sufficient duration and scope to make him/her competent to fulfill the responsibilities of the license sought. A person seeking to have special training recognized should submit a detailed description of the training, including syllabi, curriculum and training material.
3.The applicant is employed by and subject to the immediate personal supervision of a licensed adjuster who is licensed in Vermont and who has been licensed for not less than three years next preceding the date of application for the license.
For further information, see Title 8, §4803 (Links to Vermont Statutes web site.)
2.A home state certification (no older than 90 days preceding receipt by the department of the application);
3.Attachment #2 Certifications print a hard copy, fill in; and,
4.A certification of passing a proficiency examination approved by the Federal Risk Management Agency;
5.A license application fee of $30.00 and a license fee. Please locate the state in which you reside to determine the license fee (see Fee Chart). Checks should be made payable to VT BISHCA.
Attachment #1 Social Security Disclosure is for your information.
The license term is April 1st to March 31st of even years. The Department will send out renewal notices for existing licensees at the beginning of the even year. Note, license fees are not prorated and the license term is fixed, regardless of time of application.
Yes. Each Adjuster shall keep at the address shown on the license a record of all transactions under the license. The record shall include:
1.A copy of all investigations, adjustments or appraisals undertaken or consummated.
2.A statement of any fee, commission or other compensation received or to be received by the Adjuster on account of such investigation, adjustment, or appraisal.
3.The Adjuster shall make such records available for examination by the commissioner at all times, and shall retain the records for at least three years.
For answers to additional questions that have not been addressed in the FAQs above, send an email to bishca.producerlicensing@state.vt.us please be sure to provide a telephone number where we can contact you.
Yes. Under Vermont law in the event of a catastrophe a licensed insurer may use an Adjuster or Appraiser who is not licensed in Vermont to adjust claims arising out of the catastrophe. The following guidelines apply:
A catastrophe must have occurred. The Department will notify insurers on its Website if an event has been recognized as a catastrophe by the Commissioner for purposes of allowing the use of individuals who are not licensed in Vermont. Insurers are welcome to contact the Department for further guidance.
1.The adjuster/appraiser must be licensed in his/her resident state or other state if resident state does not issue such license;
2.The insurer must notify the Department of its intention to use catastrophe adjusters/appraisers and provide a list of the names, addresses and license information for individuals who will be adjusting/appraising;
3.Within ninty (90) days from the date of a claim denial a Vermont licensed adjuster will review the denial to ensure the claim was properly adjusted.
Vermont Insurance Division – Producer Licensing Section BISHCA 89 Main Street Montpelier, VT 05620-3101 (802) 828-3303 Telephone (802) 828-1633 Fax
Vermont law is set forth in a set of green books entitled “Vermont Statues Annotated”. The books are similar to an encyclopedia, with each Volume containing one or more Titles. Titles are broken down into Chapters and Sections. They can be found in most public libraries, and are on the Internet at http://www.leg.state.vt.us/statutes/statutes2.htm
For Information about licensing requirements, how to apply for a license and FAQs. Vermont Law defines a “Limited Lines Producer” to mean a person authorized by the Commissioner to sell, solicit or negotiate limited lines insurance.
LICENSE REQUIREMENTS
In order to obtain a Limited Lines Producer license for Crop; Rental; Surety; Travel or other limited lines an individual must be at least 18 years of age; must be deemed by the Commissioner to be competent, trustworthy and financially responsible; be appointed by a sponsoring insurer and submit a license application and fees.
HOW TO APPLY FOR A LICENSE
Resident and Nonresident - Paper Applications Only
Resident Fees: Application Fee of $30.00 and a Biennial License Fee of $30.00; or
Nonresident Fees: Application Fee of $30.00 and license fee for your state of residence (See Fee Chart) to determine the license fee.
Attachment #1 Social Security Disclosure is for your information.
Application Submission Note: Although a license can be issued without an appointment, a licensee cannot act as the agent of an insurer without an agent appointment by the insurer. Each insurer for whom you act as an agent must appoint you. Only an Insurer is authorized to submit an appointment.
An Insurer is required to submit an appointment for any producer acting as its agent. In order to sell on behalf of an insurer as a Limited Lines Producer an individual must be appointed by an Insurer.
What happens if all my appointments are terminated?
Your license will be inactivated. In order to maintain a license you must have an active appointment by an Insurer.
What is the license term and how do I maintain my license?
The license term is April 1st to March 31st of odd years. The Department will send out renewal notices for existing licensees at the beginning of the odd year. Note the license term is fixed and there is no prorating of license fees.
What are my responsibilities under the license regarding Trust Accounts and Record Retention?
Comply with the Trust Account requirements of Regulation 95-1, Trust Accounts.
Comply with the Record Retention requirements of Regulation 99-1, Record Retention.
Who should I contact if I have questions about applying for the license or my responsibilities under the license?
Vermont Department of Banking, Insurance, Securities and Health Care Administration 89 Main Street Montpelier, VT 05620-3101 Phone: 802-828-3303 FAX: 802-828-1633
