Insurance Agent in Montana

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

Median annual salary

$57,360

trending_down -5.0% vs. national

BLS OEWS 2024, Montana.

engineering

1,860

Jobs (MT)

monitoring Stable

+3.7%

10-yr job growth

payments

$59

Licensing fees

schedule

Varies (exam scores valid for 1 year)

Time to complete

route How to become an insurance agent in Montana

To become a licensed Insurance Agent in Montana, individuals must be at least 18 years old and pass the Montana 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. Applicants must also undergo a state and federal criminal background check, which includes fingerprinting. The application fee for a resident insurance producer license is $0, though a NIPR transaction fee applies. Licenses are renewed every two years, requiring 24 hours of continuing education, including 3 hours of ethics and 1 hour of Montana legislative changes. Montana offers reciprocity for nonresident licenses, waiving examination requirements if the applicant's home state has similar licensing and CE requirements.

bar_chart Salary percentiles

10th percentile (entry) $37,560

25th percentile $45,600

50th (median) $57,360

75th percentile $76,240

90th (experienced) $119,990

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

checklist Montana requirements

Licensing body	Montana Office of the Montana State Auditor, Commissioner of Securities and Insurance
State license	Required
Education	None required, but pre-licensing courses are highly recommended.
Exam	Montana Insurance Producer Licensing Exam (administered by Pearson VUE) ($59)
Renewal	Every 2.0 years
Continuing education	24.0 hours per cycle
Notes	Minimum age 18. Requires a state and federal criminal background check and fingerprinting. CE requirements include 3 hours of ethics and 1 hour of Montana statutes. Exam scores are valid for 1 year. Non-citizens must show proof of U.S. work authorization. Public Adjusters require a $5,000 bond.

Source: Montana Office of the Montana State Auditor, Commissioner of Securities and 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_circleMontana 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 Montana? expand_more

Montana requires insurance agents to complete the required education (None required, but pre-licensing courses are highly recommended.), and pass the Montana Insurance Producer Licensing Exam (administered by Pearson VUE).

Does Montana require insurance agent licensure? expand_more

A state license is required in Montana. Montana Office of the Montana State Auditor, Commissioner of Securities and Insurance handles insurance agent licensing — the Montana Insurance Producer Licensing Exam (administered by Pearson VUE) is part of the process.

How much do insurance agents make in Montana? expand_more

In Montana, the median pay for insurance agents comes to $57,360/year. — within a few percent of the $60,370 national figure. The range spans from $37,560 at the entry level to $119,990 for top earners.

How expensive is insurance agent licensing in Montana? expand_more

Plan on spending varies total — that covers exam fee ($59) plus your education and training.

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

In Montana, becoming an insurance agent generally takes Varies (exam scores valid for 1 year), accounting for education requirements, hands-on training, and the exam process.

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

License renewal in Montana requires completing 24.0 hours of continuing education on a 2.0-year cycle.