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Producers Agents
Home : Producers/agents : Auto/car rental companies
Auto/car rental companies

Auto rental company counter sales personnel exemption

The counter sales personnel of an automobile rental company must either be licensed as insurance producers or the rental company may apply for an exemption for their sales personnel pursuant to N.D.C.C. § 26.1-26-52.

To qualify for the exemption, the rental company is required to either be licensed as a North Dakota insurance producer, or the company can affiliate with an individual appropriately licensed as a North Dakota insurance producer.

In order for the rental company to receive an insurance producer license, it must have at least one licensed individual who is the designed responsible licensed producer. That individual must be licensed for the lines of authority to cover the products being sold by the rental company.

For more information on the counter sales personnel exemption, see N.D.C.C. § 26.1-26-52. Scroll down to 26.1-26-52 on page 16.

Applications for insurance producer licenses can be submitted electronically. Click here for instructions on applying for the license. The fee for an insurance producer license is $100.

The application for exemption for the counter sales personnel must be submitted on paper. SFN 52150

There is no fee for submitting the application for exemption.






Links
Application for Exemption by Automobile Rental Company for Counter Sales Personnel SFN 52150