A renewal is late if it is postmarked after the expiration date, or if the continuing education hours are completed after the expiration date. A 50% penalty fee is required to late renew the license and all endorsements, appointments, employee/employer relationships must be reestablished with the appropriate forms and fees. There is no grace period. You have one year from the expiration date to late renew the license; after which time you must file a new application, appointment (s), fees, prelicensing certificates and pass the qualifying examination.
This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified insurance lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact an attorney in your area from our directory to discuss your specific legal situation.