Insurance Agent in Michigan

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

Median annual salary

$58,910

trending_down -2.4% vs. national

BLS OEWS 2024, Michigan.

engineering

12,310

Jobs (MI)

monitoring Stable

+3.7%

10-yr job growth

payments

$56

Licensing fees

schedule

2-6 weeks

Time to complete

route How to become an insurance agent in Michigan

To become a licensed Insurance Agent (Producer) in Michigan, individuals must be at least 18 years old and complete a state-approved pre-licensing course (20 hours per line of authority, or 40 for combined lines). After completing the education, applicants must pass the Michigan Insurance Producer Licensing Exam, administered by PSI, which costs $41 per attempt. Finally, an Electronic Resident Licensing (ERL) application must be filed through the National Insurance Producer Registry (NIPR) website, with an application fee of $10 and a $5 transaction fee, totaling $15. A background check is required, and Michigan offers reciprocity with all other states for nonresident licensing.

bar_chart Salary percentiles

10th percentile (entry) $36,510

25th percentile $43,480

50th (median) $58,910

75th percentile $79,740

90th (experienced) $125,780

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

checklist Michigan requirements

Licensing body	Michigan Department of Insurance and Financial Services (DIFS)
State license	Required
Education	20-hour pre-licensing course per line of authority.
Exam	Michigan Insurance Producer Licensing Exam ($41)
Application fee	$15
Renewal	Every 2.0 years
Continuing education	24.0 hours per cycle
Notes	Minimum age is 18. Requires a background check. CE requirements include 3 hours of ethics. Additional training is required for selling annuities (one-time 4-hour course) and long-term care insurance (initial 8-hour course, then 4 hours every renewal cycle).

Source: Michigan Department of Insurance and Financial Services (DIFS)

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_circleMichigan 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

What's required to work as an insurance agent in Michigan? expand_more

To become an insurance agent in Michigan, you need to complete the required education (20-hour pre-licensing course per line of authority.), pass the Michigan Insurance Producer Licensing Exam, and submit your application ($15 fee).

Is an insurance agent license required in Michigan? expand_more

A state license is required in Michigan. Michigan Department of Insurance and Financial Services (DIFS) handles insurance agent licensing — the Michigan Insurance Producer Licensing Exam is part of the process.

What do insurance agents earn in Michigan? expand_more

Michigan insurance agents bring home a median salary of $58,910. — within a few percent of the $60,370 national figure. The range spans from $36,510 at the entry level to $125,780 for top earners.

What's the total cost to get insurance agent certified in Michigan? expand_more

Costs include exam fee ($41) and application fee ($15). The estimated total investment is varies, including education and training.

How quickly can I become an insurance agent in Michigan? expand_more

In Michigan, becoming an insurance agent generally takes 2-6 weeks, accounting for education requirements, hands-on training, and the exam process.

Does Michigan require continuing education for insurance agents? expand_more

Michigan requires 24.0 hours of continuing education every 2.0 years to maintain your insurance agent license.