Virginia Insurance License
Licensing requirements for Virginia insurance professionals and companies.
This page provides an overview of insurance licensing in Virginia for individuals and companies. You will find state requirements, application fees, filing instructions, and more. For assistance with licensing, please contact us to learn about our software and managed license services.
Companies that provide insurance producer services in Virginia must apply for a license prior to doing business. Depending on the lines of authority offered by the entity and the types of services offered, multiple firm licenses may be required.
Before applying, firms should ensure that the licensed individual to be appointed agent in charge has the necessary licenses. Firms should also gather proof of incorporation, or foreign qualification for out-of-state firms, in anticipation of application requirements.
Company Licenses
Virginia Insurance Company Licenses
Virginia Extended Service Contract Provider Registration
Initial Registration
Form: | |
Filing Method: | |
Agency Fee: | $300 |
Registration Renewal
Form: | |
Filing Method: | |
Agency Fee: | $300 |
Due: | Annually by July 1 |
Virginia Independent Review Organization Registration
Type of Review: | Medical Utilization Review |
Agency: | Virginia State Corporation Commission - Bureau of Insurance |
Law: | VA Code § 38.2-3566 |
Foreign Qualification is Prerequisite: | Yes |
Initial Registration
Form: | |
Agency Fee: | $0 |
Required Attachments: |
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Registration Renewal
Form: | Form 216-E: Independent Review Organization Application (Renewal) |
Agency Fee: | $0 |
Due: | Biennially |
Supplemental Reporting
Independent Review Organization External Review Annual Report
Form: | Form 216-G: Independent Review Organization External Review Annual Report |
Agency Fee: | $0 |
Due: | Annually by April 1. |
Virginia Insurance Agency License
Agency: | Virginia State Corporation Commission - Bureau of Insurance |
Initial Registration
This section applies to insurance firms that are applying for a license in Virginia for the first time.
Agency: | Virginia State Corporation Commission - Bureau of Insurance |
Form: | |
Agency Fee: | Varies by insurance type. Baseline of $15 |
Registration Renewal
This section applies to insurance firms that are already licensed in Virginia and need to renew their license.
Agency: | Virginia State Corporation Commission - Bureau of Insurance |
Form: | |
Agency Fee: | $50 for most |
Due: | Perpetual for major lines and annually for non-standard lines. |
Renewal Not Required
Not required
Virginia Private Review Agent (PRA) Certification
Agency: | Virginia Department of Health - Office of Licensure and Certification |
Law: | VA Code § 32.1-138.7 |
Foreign Qualification is Prerequisite: | Yes |
Registered Agent (Special Agency) Required? | No |
Initial Registration
Form: | |
Agency Fee: | $500 |
Registration Renewal
Form: | |
Agency Fee: | $500 |
Due: | Biennially by the anniversary of the initial registration date. |
Virginia Third Party Administrator License
Not required
Third Party Administrator Business licensure is not required on the State level in Virginia.
Virginia does not currently require licenses for third-party administrators.