Current through the 2024 Legislative Session.
Section 1625.55 - Limited lines automobile insurance agent(a) A limited lines automobile insurance agent is a person authorized to transact automobile insurance, as defined in Section 660. A limited lines automobile insurance agent license is a license to so act.(b) A license under this section shall be applied for and renewed, following successful completion of a qualifying examination on this code, ethics, and products sold under the license, in the same manner as provided in this chapter for a license to act as a property broker-agent or a casualty broker-agent.(c) The commissioner shall require in advance a fee for filing any applications, renewals thereof, or changes in outstanding licenses, or for the filing of other required documents at an amount designated in this chapter for a personal lines licensee, and for filing any notice of appointment or notice of termination at an amount specified in Section 1751.3.(d) A person licensed as a limited lines automobile insurance agent who makes an application to the commissioner to become a property broker-agent or a casualty broker-agent pursuant to Section 1625 or a personal lines agent pursuant to Section 1625.5 shall do all of the following:(1) Submit an application on a form provided by the commissioner.(2) Complete prelicensing education as specified in Section 1749.(3) Take and pass a qualifying examination pursuant to Section 1676.Amended by Stats 2011 ch 411 (AB 1416),s 10, eff. 1/1/2012.Added by Stats 2007 ch 271 (AB 797),s 1, eff. 1/1/2008.