Insurance License Hub

The Maine Property license

Property

Sells cover for direct or consequential loss of or damage to property of every kind in Maine. No pre-licensing course is required.

Course

None

This license has no pre-licensing course route.

Ways in

4

3 of them skip the state exam.

Exam

Varies

Priced per paper. The prices are below.

Either combination paper is $80. Every other paper is $55.

Every way to qualify

More than one route leads to this license, and which one you take changes what you study and whether you sit the exam. There is no pre-licensing course among them: this license is qualified for by sitting the examination, a license already held, a license held in another state or moving here already licensed.

  1. Route 1 Pass the examination

    State exam required

    24-A M.R.S. 1420-D(1) asks a resident individual applying for a producer license to pass a written examination unless exempt under 1420-H, and 1420-E(1) is the closed list of what the superintendent must find before approving the application: at least 18 years old, no act that is a ground for denial under 1420-K, the fees under section 601 paid, and the examinations passed for the lines applied for. Paragraph C of that list is where the education requirement used to sit and it now reads "[PL 2007, c. 51, S2 (RP).]", so Maine's zero is a repeal with a citation rather than a reading off an absence. There is no cap on retakes.

    Read at legislature.maine.gov on 2026-08-16

  2. Route 2 Have held the line in Maine within the last two years

    Exempt from the state exam

    • a similar Maine license covering the Property line of authority, held other than under a temporary license within the past 2 years, voluntarily terminated rather than revoked or suspended, with the continuing education requirements met over that period

    24-A M.R.S. 1420-H(3)(A), and every clause of it does work. Somebody who held a similar Maine license for the same kinds of insurance within the past two years sits no examination, provided the earlier license was not a temporary one under 1420-J, the continuing education requirements were met during those two years, the applicant is still fully qualified, and the license was voluntarily terminated. A license that was revoked or suspended closes this route for good, which the paragraph says in its own last sentence.

    Read at legislature.maine.gov on 2026-08-16

  3. Route 3 Hold the same line in another state

    Exempt from the state exam

    • an insurance producer license carrying the Property line of authority in another state

    24-A M.R.S. 1420-H(1). Somebody previously licensed for the same lines of authority in another state completes no examination. The exemption holds while that other license is current, or if the application arrives within 90 days of its cancellation and the prior state certifies good standing at that point, or the NAIC producer database shows it for the line being asked for.

    Read at legislature.maine.gov on 2026-08-16

  4. Route 4 Move to Maine and apply within 90 days

    Exempt from the state exam

    • 90 days Licensed as an insurance producer in another state carrying the Property line of authority there, and applying to become a Maine resident licensee within 90 days of establishing legal residence.

    24-A M.R.S. 1420-H(2). Somebody licensed as a producer in another state who moves here has 90 days from establishing legal residence to apply as a resident licensee under 1420-E, written as a duty rather than an option. No examination is required for a line of authority previously held in the prior state except when the superintendent determines otherwise by rule.

    Read at legislature.maine.gov on 2026-08-16

Courses

You do not have to buy any of this. The Maine Bureau of Insurance asks for no pre-licensing course, so nothing below is required of you. They are exam prep, priced here so you can see what they cost.

  • A.D. Banker & Company

    Exam practice. No course is required, so this is what to study.

    $79.95 to $296.85

    See 6 options ▾
    Go to A.D. Banker & Company
  • ExamFX

    Exam practice. No course is required, so this is what to study.

    $169.95 to $299.95

    See 3 options ▾
    • Maine Property and Casualty - Self-Study Package

      60 Days Course Access · Interactive Learning Portal · Online Exam Simulations · Readiness Exam · Instructor & Technical Support read 2026-08-22

      $169.95

    • Maine Property and Casualty - Video Study Package

      60 Days Course Access · Interactive Learning Portal · Online Exam Simulations · Readiness Exam · Instructor & Technical Support · On-Demand Video Lectures · Online Flashcards read 2026-08-22

      $219.95

    • Maine Property and Casualty - Live Online Study Package

      Live Online Webinar · Note-Taking Notebook · 60 Days Course Access · Interactive Learning Portal · Online Exam Simulations · Readiness Exam · Instructor & Technical Support · On-Demand Video Lectures · Online Flashcards read 2026-08-22

      $299.95

    Go to ExamFX
  • Kaplan Financial Education

    Exam practice. No course is required, so this is what to study.

    $349.00

    See 1 option ▾
    • Career Launcher Package (ME - Property & Casualty)

      $349.00

    Go to Kaplan Financial Education
  • WebCE

    Exam practice. No course is required, so this is what to study.

    $109.95 to $159.95

    See 3 options ▾
    • ME Property & Casualty Producer Exam Prep Complete Package

      $109.95

    • ME Property Producer Exam Prep Complete Package

      $109.95

    • ME Property & Casualty Producer Exam Prep Plus Complete Package

      $159.95

    Go to WebCE
  • XCEL Solutions

    Exam practice. No course is required, so this is what to study.

    $199.00 to $299.00

    See 2 options ▾
    • Maine Property and Casualty Pre-licensing

      $199.00

    • Maine Property and Casualty Pre-licensing Premier

      $299.00

    Go to XCEL Solutions
  • Mometrix

    Exam practice. No course is required, so this is what to study.

    $59.99/month

    See 1 option ▾
    • Property and Casualty Exam Prep Course

      $59.99/month

    Go to Mometrix