Insurance Agent in Colorado

Requirements, salary data, licensing costs, and career ROI for CO. Updated with 2024 BLS OEWS wage data.

Median annual salary
$61,020
trending_up +1.1% vs. national

BLS OEWS 2024, Colorado.

engineering
9,340

Jobs (CO)

monitoring Stable
+3.7%

10-yr job growth

payments
$88

Licensing fees

schedule
4-6 weeks

Time to complete

route How to become an insurance agent in Colorado

To become a licensed Insurance Agent in Colorado, individuals must first complete a state-approved 50-hour pre-licensing course per line of authority, which includes specific hours in ethics, legal concepts, and principles of insurance. After completing the education, aspiring agents must pass the Colorado Insurance Producer Licensing Exam, administered by Pearson VUE, and then submit an application with the Colorado Division of Insurance. Applicants must be at least 18 years old and undergo a fingerprinting and background check. Colorado offers reciprocity with most other states, allowing licensed non-residents to obtain a Colorado license without repeating pre-licensing education or exams, provided they meet their home state's CE requirements.

bar_chart Salary percentiles

10th percentile (entry) $38,000
25th percentile $45,930
50th (median) $61,020
75th percentile $84,690
90th (experienced) $130,740

Source: BLS OEWS 2024 for Colorado. Metro-area wages may differ significantly from the state aggregate.

checklist Colorado requirements

Licensing bodyColorado Division of Insurance
State license Required
Education50-hour pre-licensing course per line of authority, which includes 3 hours of ethics, 4 hours of legal concepts and regulations, and 3 hours of principles of insurance. If applying for multiple lines, the ethics, legal concepts and regulations, and principles of insurance training only need to be taken once. For Life, Accident, and Health, 90 hours are required (80 hours of approved prelicense education and 10 hours of Colorado specific training).
ExamColorado Insurance Producer Licensing Exam ($41)
Application fee$47
RenewalEvery 2.0 years
Continuing education24.0 hours per cycle
NotesMinimum age 18. Requires fingerprinting and background check. CE requirements include 3 hours of ethics and 18 hours in the lines of authority held, plus 3 general hours. Producers with Property or Personal Lines licenses must complete 3 hours of homeowners CE. Those selling annuities need a one-time 4-hour training. Those selling long-term care policies need an initial 16-hour training (8 hours general, 8 hours LTC partnership in classroom) and a 5-hour refresher every 24 months. Those selling claims-made policies need a one-time 2-hour course. Pre-licensing course completion certificates are valid for 1 year. Exam passing scores are valid for 1 year.

Source: Colorado Division of Insurance

work_outline Job outlook

10-year growth
+3.7%
Average
Annual openings
47,000
Nationwide per year
Total employment
568,800
Nationwide
neurology

AI & tech impact

error High exposure 1.34/1.00

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

hub

balance Is it worth it?

  • check_circleColorado license required — clearer credential signal to employers
  • warningElevated AI disruption risk
psychology
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Frequently asked questions

What's required to work as an insurance agent in Colorado? expand_more
In Colorado, becoming an insurance agent requires you to complete the required education (50-hour pre-licensing course per line of authority, which includes 3 hours of ethics, 4 hours of legal concepts and regulations, and 3 hours of principles of insurance. If applying for multiple lines, the ethics, legal concepts and regulations, and principles of insurance training only need to be taken once. For Life, Accident, and Health, 90 hours are required (80 hours of approved prelicense education and 10 hours of Colorado specific training).), pass the Colorado Insurance Producer Licensing Exam, and submit your application ($47 fee).
Is an insurance agent license required in Colorado? expand_more
Yes, Colorado requires a state license to practice as an insurance agent. The licensing body is Colorado Division of Insurance. You must pass the Colorado Insurance Producer Licensing Exam.
How much does an insurance agent make in Colorado? expand_more
Colorado insurance agents bring home a median salary of $61,020. — within a few percent of the $60,370 national figure. New insurance agents start around $38,000; seasoned professionals can reach $130,740.
How expensive is insurance agent licensing in Colorado? expand_more
Between exam fee ($41) and application fee ($47), expect to invest around varies in total to get started.
How long does it take to become an insurance agent in Colorado? expand_more
In Colorado, becoming an insurance agent generally takes 4-6 weeks, accounting for education requirements, hands-on training, and the exam process.
Does Colorado require continuing education for insurance agents? expand_more
Yes — insurance agents in Colorado must complete 24.0 CE hours every 2.0 years to stay licensed.

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