Insurance License Hub

The Minnesota Surplus Lines Broker license

Surplus Lines Broker

Places Minnesota risks with insurers the state has not admitted. It is stacked on a Minnesota producer license that has to stay in force, and at $500 to issue and $500 to renew it is ten times what the license underneath it costs.

Course

None

This license has no pre-licensing course route.

Ways in

1

There is no state exam for this license.

Exam

n/a

Not required on any of the routes below.

Every way to qualify

  1. Route 1 Hold a Minnesota producer license and take on the four undertakings

    No state exam for this license

    The license underneath

    • A Minnesota insurance producer license, held and maintained for as long as the surplus lines license lasts

    and membership of the association

    • Registration with the Surplus Lines Association of Minnesota, which Minn. Stat. 60A.2085 creates and 60A.198, subd. 3 makes a condition of the license

    and the tax and filing undertakings

    • An agreement to file every return chapter 297I requires with the commissioner of revenue and to pay what that chapter requires, and an agreement to file the documents 60A.2086 requires and to pay the stamping fee assessed under 60A.2085, subd. 7

    Minn. Stat. 60A.198, subd. 3 is a list of five things to do and an examination is not among them, which puts Minnesota with Idaho and against Washington, Hawaii and Alabama, all of which examine a surplus lines broker. There is no bond either, where Washington asks for two, Alabama for $50,000 and Wyoming for $10,000. Subdivision 1 also draws the line at the other end: a licensed producer who merely helps place nonadmitted insurance through a surplus lines broker needs no license of their own, which is the sentence Wyoming's Department writes out in full on its own page. The fee is $500 to issue and $500 to renew under 60K.55, subd. 2(6), ten times the individual producer fee.

    Read at revisor.mn.gov on 2026-08-19

No national seller sells a course for this license, and nothing could: Minnesota asks a surplus lines broker for a producer license, an association registration and two tax undertakings, and for no examination at all, so there is no paper to prepare for.