State RegulationsOH specificDifficulty 1/5
Which statement correctly describes the Ohio license renewal fee for agents?
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under the Ohio Department of Insurance renewal process, the $25 renewal fee is limited to Limited Line and Non-Resident agents and is waived for resident agents who carry a CE requirement. Residents instead keep their license in force by completing the CE requirement and renewing on time; the other fees in the schedule serve different purposes — $10 per major line at application and $50 as the late-renewal fee.
Why the other options are wrong
- B) Resident agents with a CE requirement are exempt from the $25 renewal fee.
- C) $50 is the late fee charged during the one-month late-renewal period, not a standing renewal fee for residents.
- D) The $10 fee is a per-major-line application fee, not a recurring renewal charge.
Memory hook
$25 is for limited lines and visitors — residents with CE ride free.