Insurance Agent in Maine

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

Median annual salary

$60,630

trending_up +0.4% vs. national

BLS OEWS 2024, Maine.

engineering

2,100

Jobs (ME)

monitoring Stable

+3.7%

10-yr job growth

payments

$80

Licensing fees

schedule

Less than a month

Time to complete

route How to become an insurance agent in Maine

To become a licensed Insurance Agent (Producer) in Maine, individuals must be at least 18 years old and pass the Maine Insurance Producer Licensing Exam, administered by Pearson VUE. While no pre-licensing education is formally required, it is highly recommended to prepare for the exam. After passing the exam, applicants must submit an application to the Maine Bureau of Insurance, undergo a background check via fingerprinting, and pay the associated fees. Maine has reciprocity agreements with all other states, allowing licensed producers from other states to apply for a non-resident license.

bar_chart Salary percentiles

10th percentile (entry) $45,400

25th percentile $49,240

50th (median) $60,630

75th percentile $76,830

90th (experienced) $118,380

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

checklist Maine requirements

Licensing body	Maine Bureau of Insurance
State license	Required
Education	No pre-licensing education required.
Exam	Maine Insurance Producer Licensing Exam ($55)
Application fee	$25
Renewal	Every 2.0 years
Continuing education	24.0 hours per cycle
Notes	Minimum age is 18. Requires a background check (fingerprinting) after passing the state exam and at least one day before applying for the license. CE requirements include 3 hours of ethics. Additional training is required for selling certain products like Long-Term Care (8-hour initial, 4-hour ongoing) and Annuities (4-hour one-time).

Source: Maine Bureau 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_circleMaine license required — clearer credential signal to employers
warningElevated AI disruption risk

psychology

Wondering if an insurance agent career is the right fit?

See what the day actually looks like, who the role suits, and who should skip it — grounded in real practitioner sources.

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Frequently asked questions

How do I become an insurance agent in Maine? expand_more

The path to insurance agent licensure in Maine: complete the required education (No pre-licensing education required.), pass the Maine Insurance Producer Licensing Exam, and submit your application ($25 fee).

Does Maine require insurance agent licensure? expand_more

You cannot practice as an insurance agent in Maine without a state license from Maine Bureau of Insurance. The required exam is the Maine Insurance Producer Licensing Exam.

What do insurance agents earn in Maine? expand_more

The median insurance agent salary in Maine is $60,630 per year. This is close to the national median of $60,370. The range spans from $45,400 at the entry level to $118,380 for top earners.

How expensive is insurance agent licensing in Maine? expand_more

Plan on spending varies total — that covers exam fee ($55) and application fee ($25) plus your education and training.

How long does it take to become an insurance agent in Maine? expand_more

Expect to spend Less than a month from start to finish in Maine — covering coursework, supervised experience, and examination.

What's required to renew a insurance agent license in Maine? expand_more

Yes — insurance agents in Maine must complete 24.0 CE hours every 2.0 years to stay licensed.