A premium finance licensee engages in the business of entering into insurance premium finance agreements. See RCW 48.56.020 (leg.wa.gov).
Each authorized individual must complete a uniform application for an individual insurance producer license. This must be attached to your online application. Submit a request for the form.
If the authorized individual is not already licensed, they also need to submit a fingerprint card.
Corporations or LLCs must send a copy of their articles of incorporation or formation.
Firms must file their trade name with the Business Licensing Service (www.dor.wa.gov) . A firm includes a partnership or sole proprietorship.
Special instructions for the uniform application
For individual applications
At the top of the "Jurisdiction and Type of License Request" page there is a key for abbreviations in the grid.
Just below these abbreviations, there are categories for License Type, Major Lines of Authority and Limited Lines of Authority.
- Find the WA grid line in the "Jurisdiction" column.
- In the "limited Lines of Authority" section, on the WA grid line, please write "Premium Finance" in the "Other" column.
- If you are not a citizen of the United States (Question 15 on your application), you must show proof of eligibility to work in the U.S. in order to obtain an insurance license. A copy of your Resident Alien card will meet this requirement. Visit the U.S. Bureau of Citizenship and Immigration Services website (www.uscis.gov) for details.
- License fee: $100
- Fingerprint processing fee: $71.25 (if applicable)
- Filing fee: $5