How Can I Get a Portable Electronics Insurance Agent License?
License Filing Requirements
Written Application
Individual and business entity applicants are required to complete an online application at sircon.com.
Insurer Notice of Appointment
The portable electronics insurance agent must be appointed by an authorized insurer. The insurer, or insurer's managing agent, must sign a Notice of Appointment Form (LIC PE 1) stating that the insurer has satisfied itself that the named applicant is trustworthy and competent to act as its insurance agent limited to this purpose. The insurer will appoint the applicant to act as its agent to transact portable electronics insurance. (Cal. Ins. Code 1758.62(a)(2))
Training Requirement
Each portable electronics vendor licensed pursuant to this article shall provide for the training of its endorsees under a program developed by a licensed property and casualty broker or agent prior to allowing its endorsees to offer or sell insurance products. (Cal. Ins. Code 1758.63 (c)).
Application Fee
An application fee of $321 must accompany the license application. The license is issued for a two-year period.
Where to File
Submit an online application and filing fees at sircon.com. All filing fees submitted are not refundable, whether or not the application is acted upon.