State RegulationsFL specificDifficulty 1/5
What fee must accompany a Florida insurance agent license application?
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Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
Under Fla. Stat. 624.501(5), the fee for an agent license application is $50, submitted to the Department of Financial Services with the application. The $60 figure is the appointment fee total paid by the appointing entity, and the $5 fee applies to items such as a duplicate license.
Why the other options are wrong
- A) $60 is the total appointment fee, including state and county taxes, paid for an appointment rather than the license application.
- B) $25 is the advertising gift limit in a different context, not the license application fee.
- D) $5 is the duplicate or replacement license fee under Fla. Stat. 624.501(15), not the application fee.
Memory hook
Apply for the license: $50.