Get Your Minnesota Insurance License Online

Getting your Minnesota insurance license involves four steps. First, complete a state-approved prelicensing course (40 hours for the combined Life & Health line). Second, pass the Minnesota state licensing exam administered by PSI Services LLC — you need a score of at least 70% to pass. Third, complete a background check, including fingerprinting. Fourth, Submit your application through the National Insurance Producer Registry (NIPR) and pay the Minnesota Department of Commerce application fee of $50. Most candidates complete the entire process in 2-4 weeks. JustInsurance offers fully online, self-paced prelicensing courses approved for Minnesota that get you to exam day confident and prepared.

The total cost to get your Minnesota insurance license typically runs $350-500 estimated total cost. Here is how it breaks down: the PSI Services LLC exam fee is $45, the Minnesota Department of Commerce application fee is $50, and a background check adds a small additional cost. If you need a prelicensing course, JustInsurance's Minnesota combined Life & Health package is $199 — that's $199 less than purchasing Life and Health courses separately. Everything you need to get licensed, with no hidden fees.

Most focused candidates complete the Minnesota insurance licensing process in 2-4 weeks. That timeframe covers finishing your prelicensing course (you get 30 days of access; most students finish in 5–10 days), scheduling and passing the PSI Services LLC state exam, clearing your background check, and waiting for the Minnesota Department of Commerce to process your application. The PSI Services LLC exam delivers results quickly — most candidates receive their score before leaving the testing center. JustInsurance's self-paced format lets you move as fast or as steady as your schedule allows.

The Minnesota insurance licensing exam has an overall first-attempt pass rate of around 93.2%. The exam is administered by PSI Services LLC and requires a minimum score of 70% to pass. Candidates who complete a thorough prelicensing course perform significantly better than those who attempt the exam without preparation. If you do not pass on your first attempt, you can retake it after a 24-hour waiting period. There is no limit on the number of times you can retake the exam. Your exam results are valid for 3 years. JustInsurance includes a full-length practice exam that mirrors the actual PSI Services LLC question format, so you know exactly what to expect on test day.

Insurance agents in Minnesota earn an average of $98,220 per year according to Bureau of Labor Statistics data. New agents starting out typically earn around $47,810 in their first year while building a client base, and top producers in Minnesota can earn $157,130 or more annually. The Minnesota insurance market is growing at approximately 6%, keeping demand for new producers strong. Income is heavily influenced by the lines of authority you hold and whether you work as a captive or independent agent — the combined Life & Health license unlocks the broadest product range and highest earning potential.

No. Unlike most states, Minnesota prelicensing certificates do not expire. Once you complete your approved prelicensing course, you can take your time scheduling the state exam without the pressure of a 6-month or 12-month certificate expiration window. This flexibility is helpful for candidates who need to manage work and family obligations while studying. Minnesota uses Pearson VUE for exam administration.