Minnesota License Cost
How Much Does It Cost to Get a Minnesota Insurance License?
The estimated total cost to get your Minnesota insurance license is $350-500 estimated total cost. Here's the full breakdown — prelicensing, exam, application, and fingerprint fees — plus how JustInsurance's $199 all-in prelicensing keeps you on the low end.
Minnesota Insurance License Cost Breakdown
Every fee you'll pay between today and your active Minnesota insurance license, side-by-side with the JustInsurance all-inclusive price.
| Line Item | Typical MN Cost | JustInsurance Path |
|---|---|---|
Prelicensing course JustInsurance includes practice exams + pass guarantee in the $199 base price. | $558.00 | $199 |
State exam fee (PSI Services LLC) Paid directly to PSI Services LLC; not refundable on a fail. | $45 | $45 |
License application fee (DOC) Paid to the Minnesota Department of Commerce via NIPR or sircon at submission. | $50 | $50 |
Fingerprinting / background check Fingerprinting required through PSI test centers | $65 | $65 |
| Estimated Total (low–high) | $718 | $359 |
Estimates based on current published fees from the Minnesota Department of Commerce, PSI Services LLC, and the JustInsurance prelicensing catalog. Last verified March 2026. Individual costs may vary by line of authority, fingerprint provider, and county. Total cost range reported by the DOC: $350-500 estimated total cost.
Why JustInsurance Costs Less in Minnesota
Most Minnesota prelicensing providers charge separately for practice exams, retake protection, and pass guarantees. We bundle all three into the $199 base price.
JustInsurance — All-Inclusive
$199 prelicensing
- ✓State-approved Minnesota prelicensing course
- ✓Unlimited practice exam access
- ✓Pass guarantee — refund or rebook if you fail (terms apply)
- ✓Affirm financing (3, 6, or 12 months)
- ✓93% pass rate among compliant students
Typical Minnesota Provider Stack
$300+ à la carte
- ·Base prelicensing course ($199–$299)
- ·Practice exams sold separately ($49–$99)
- ·Pass guarantee usually a paid upgrade
- ·Limited course-access window (often 30 days)
- ·No published pass rate
Estimated savings vs typical MN provider stack
$359
Includes practice exams and pass guarantee — most providers charge $50–$100 more for these.
What Does a Minnesota Insurance License Pay Back?
Even at the high end of the $350-500 estimated total cost range, a Minnesota insurance license is one of the lowest-cost licensed professional credentials in the United States. With the average Minnesota insurance agent earning $98,220 per year and entry-level agents starting at $47,810, most new licensees earn back their full licensing cost within their first month of selling. The DOC reports 2,900 licensed agents currently active in Minnesota, with concentrations in Minneapolis and St. Paul. Career advancement is also fast: experienced agents in Minnesota earn between $78,650 and $101,320, and top producers pull in $157,130+ annually.
On the maintenance side, your Minnesota license renews every 2 years (24 CE hours, 3 ethics) — that's another $39 every 2 years for a JustInsurance CE package, or roughly $10/course à la carte. Renewal deadline: Last day of birth month (every 2 years).
Hidden Costs to Watch in Minnesota
- Exam retakes. The PSI Services LLC Minnesota exam fee ($45) is charged for every attempt. Retake rules: a 24-hour waiting period. Failing twice can add $90+ to your licensing cost — practice exams pay for themselves the first time you would have failed.
- Fingerprinting logistics. Fingerprinting required through PSI test centers Travel time and any rescheduling fees are on you, not the state.
- Appointment fees. Once your Minnesota license is issued, each insurance carrier you represent submits an appointment to the DOC. Carriers typically cover the appointment fee, but a few pass it through to new producers — confirm before signing.
- Course-access expiration. JustInsurance gives you 30-day access to your prelicensing course; many competitors expire access after 30 days, forcing repurchase if your test-day slips. Certificate of completion validity in Minnesota: Does not expire.
- CE non-compliance. Letting your Minnesota CE lapse triggers reinstatement fees and (if the lapse runs long) re-examination — a multi-hundred-dollar mistake. Renew on time: Last day of birth month (every 2 years).
Minnesota Insurance License Cost — FAQs
What is the total cost to get an insurance license in Minnesota?
Plan for $718 all-in to get your Minnesota insurance license. That covers prelicensing course, the $45 PSI Services LLC exam fee, the $50 DOC application fee, and the $65 background-check cost. Fingerprinting is handled per fingerprinting required through psi test centers. JustInsurance's all-in price for the prelicensing portion is $199.
What happens if I fail the Minnesota insurance exam?
If you fail the Minnesota state exam, you'll pay the $45 exam fee again for each retake — and depending on your prelicensing provider, you may need to repurchase course access. Retake rules: a 24-hour waiting period. JustInsurance includes a pass guarantee and unlimited practice exams to keep retake costs at zero.
How much does it cost to renew my Minnesota insurance license?
Minnesota requires 24 hours of CE every 2 years, including 3 ethics hours. JustInsurance offers a complete Minnesota CE package for $39, with same-day reporting to the DOC. Single courses start at $10.
Does JustInsurance offer payment plans for Minnesota prelicensing?
Yes — JustInsurance offers Minnesota prelicensing through Affirm, with monthly payment plans starting at $199 paid over 3, 6, or 12 months (subject to credit approval). You can also pay in full upfront. State exam fees, application fees, and fingerprinting are paid directly to the testing vendor, DOC, and the fingerprint provider — those aren't covered by Affirm financing.
What is JustInsurance's refund policy on Minnesota courses?
JustInsurance offers a satisfaction-based refund policy on Minnesota prelicensing courses — see our terms for full details. State-collected fees (exam fee, $50 application fee, $65 background check) are non-refundable once paid to the DOC or the testing vendor. Always confirm requirements before paying state fees.
Explore More Minnesota Resources
Dive deeper into Minnesota licensing, exam prep, and CE renewal.
Requirements
Minnesota License Requirements
Step-by-step legal and documentation requirements from the Minnesota Department of Insurance.
Practice
Minnesota Practice Exam
Free practice questions modeled on the Minnesota state licensing exam.
Prelicensing
Minnesota Prelicensing Courses
All state-approved prelicensing course options for Minnesota.
Life
Minnesota Life Insurance Prelicensing
Prelicensing course for the Life-only license in Minnesota.
Health
Minnesota Health Insurance Prelicensing
Prelicensing course for the Health-only license in Minnesota.
L&H
Minnesota Life & Health Prelicensing
Combined Life & Health prelicensing course for Minnesota.
CE
Minnesota Continuing Education
CE course catalog for Minnesota license renewal.
CE Life
Minnesota Life CE Renewal
CE hours for Minnesota Life license renewal.
CE Health
Minnesota Health CE Renewal
CE hours for Minnesota Health license renewal.
CE L&H
Minnesota Life & Health CE Renewal
Combined Life & Health CE for Minnesota license renewal.
Start Your Minnesota Insurance License for $199
All-inclusive prelicensing — practice exams, pass guarantee, and Affirm financing built in. Most students recoup the cost in their first month selling.
Start Now for $199