Insurance Broker, Property & Casualty License in New York
Quick Answer
New York requires CRD registration, FINRA broker-dealer sponsorship, and passing the Series 7 plus Series 63 exams, governed by the Martin Act and enforced by the Attorney General's office.
- Exam
- FINRA Series 7 + Series 63
- Total Cost
- $500 (est.)
- Timeline
- 2-4 months
- Background Check
- Required
- Renewal
- Every Annually (December 31)
Requirements
Insurance Broker, Property & Casualty license in New York
Estimated Costs Est.
- Exam Fee
- $305
- Total Estimated Cost
- $500
Cost Breakdown
Estimated costs for getting your Insurance Broker, Property & Casualty license in New York. Values marked "Est." are extracted from official descriptions.
Enter the cost of your pre-licensing education program
Fees marked "Est." are extracted from official descriptions and may not reflect current pricing. Verify with the New York licensing board.
Insurance Broker, Property & Casualty Salary in New York
Entry Level
$63,930
Median
$167,040
Experienced
$239,200
Source: Bureau of Labor Statistics. Salary data is for informational purposes only.
How to Get Licensed
Step-by-step roadmap to becoming a licensed Insurance Broker, Property & Casualty in New York.
- 1
Complete Education Requirements
Specific course required
- 2
Submit Background Check
No criminal record prohibitions
- 3
Pass the Required Exam
State exam required — FINRA Series 7 + Series 63
- 4
Submit Your Application
File your application with the licensing agency.
- 5
Receive Your License
Processing typically takes 2-4 months.
Insurance Broker, Property & Casualty Licensing in New York: What to Know
New York regulates securities agents through the Bureau of Investor Protection and Securities within the Office of the Attorney General. The COS database did not return a securities-specific listing for New York, returning only insurance, real estate, and mortgage broker entries. Under the Martin Act (NY General Business Law Article 23-A), all stockbrokers must be registered as agents of a FINRA-member broker-dealer through the CRD system. New York is unique in being one of the strictest securities enforcement jurisdictions, requiring the Series 7 and Series 63 exams.
Frequently Asked Questions
- How much does a Insurance Broker, Property & Casualty license cost in New York?
- The estimated total cost is $500, including application fees, exam fees ($305), and education costs.
- How long does it take to get a Insurance Broker, Property & Casualty license in New York?
- The process typically takes 2-4 months, depending on education completion and exam scheduling.
- What exam do I need for a Insurance Broker, Property & Casualty license in New York?
- You need to pass the FINRA Series 7 + Series 63. State exam required
Considering another state?
Compare Insurance Broker, Property & Casualty requirements across states.
View all states →Data from CareerOneStop (DOLETA/DEED). Last updated: February 15, 2026.