Insurance Agent in Oregon

Requirements, salary data, licensing costs, and career ROI for OR

Median Salary
$60,710
Oregon (2024)
National Median
$60,370
All states
License Fees
$130
Exam + application
Time to Complete
1-2 months
From start to licensed

How to Become an Insurance Agent in Oregon

To become a licensed Insurance Agent in Oregon, individuals must meet the requirements set by the Oregon Division of Financial Regulation. Key steps include completing a 20-hour pre-licensing course per line of authority, passing the Oregon Insurance Producer Licensing Exam (costing $55), and submitting an electronic application with a $75 fee. A background check with fingerprinting is also required. Oregon offers reciprocity with most states, allowing licensed non-residents to obtain an Oregon license without additional examination if they are in good standing in their home state.

Insurance Agent Requirements in Oregon

DetailOregon
Licensing BodyOregon Division of Financial Regulation
State License Required Yes
Education20-hour pre-licensing course per line of authority.
Exam Oregon Insurance Producer Licensing Exam ($55)
Application Fee$75
RenewalEvery 2.0 years
Continuing Education24.0 hours per cycle
NotesMinimum age is 18 years old. Requires a background check with fingerprinting. CE requirements include 3 hours of ethics and 3 hours of Oregon laws and rules. Long-term care agents need 8 hours of initial training and 4 hours every 2 years. Annuity producers need a one-time 4-hour Annuity Best Interest training. Flood insurance producers need a one-time 3-hour NFIP course.

Source: Oregon Division of Financial Regulation

Insurance Agent Salary in Oregon

The median insurance agent salary in Oregon is $60,710 per year, which is 0.6% above the national median of $60,370.

PercentileAnnual Salary
10th (entry level)$38,690
25th$46,250
50th (median)$60,710
75th$78,790
90th (experienced)$124,990

Oregon employs approximately 4,550 insurance agents.

Insurance Agent Job Outlook

10-Year Growth
+3.7%
Average
Annual Openings
47
Nationwide per year
Total Employment
568.8
Nationwide

AI Impact on Insurance Agents

High AI Exposure (Score: 1.34/1.00)

Many tasks in this career are susceptible to AI automation. Long-term career planning should account for potential disruption.

Is Becoming an Insurance Agent in Oregon Worth It?

Factors to consider: Oregon's cost of living, the state licensing requirement, moderate job growth, elevated AI disruption risk, and your personal career goals.

Frequently Asked Questions

What's required to work as an insurance agent in Oregon?
The path to insurance agent licensure in Oregon: complete the required education (20-hour pre-licensing course per line of authority.), pass the Oregon Insurance Producer Licensing Exam, and submit your application ($75 fee).
Do I need a license to work as an insurance agent in Oregon?
Yes, Oregon requires a state license to practice as an insurance agent. The licensing body is Oregon Division of Financial Regulation. You must pass the Oregon Insurance Producer Licensing Exam.
What do insurance agents earn in Oregon?
The median insurance agent salary in Oregon is $60,710 per year. This is close to the national median of $60,370. Wages range from $38,690 (10th percentile) up to $124,990 (90th percentile).
What are the fees to become an insurance agent in Oregon?
Plan on spending varies total — that covers exam fee ($55) and application fee ($75) plus your education and training.
How many months or years does insurance agent certification take in Oregon?
Most candidates in Oregon complete the process in 1-2 months, from enrollment in a training program through licensure.
How many CE hours do insurance agents need in Oregon?
To keep your license active, Oregon mandates 24.0 CE hours every 2.0 years.

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