What This License Is
An Oklahoma Property license lets you sell coverage protecting homes, buildings, and personal property against loss — homeowners and dwelling property coverages, commercial property, inland marine, and flood in Oklahoma. It is issued by the Oklahoma Insurance Department.
Licensing runs through the same process as every Oklahoma producer line — the difference is the focused Property exam.
Exam Options & Format
The Property exam is Property Producer (PSI): 80 total (75 scored + 5 pretest) questions, 2 hr, $38 per attempt. Passing standard: 70%.
Oklahoma also offers the combined exam (Property & Casualty Producer (combined): 155 total (150 scored) questions, 2 hr 30 min, $38), which licenses both lines in one sitting. If there is any chance you will sell casualty products later, the combined exam is usually the better value.
Background check (no fingerprints)
Unlike most states, Oklahoma does not require producers to be fingerprinted. Instead, a state and federal criminal-history background check is run as part of the license application. Applications can be denied for a criminal conviction, a withheld or deferred judgment, or a pending charge — so disclose accurately.
There's no separate WebCheck appointment or fingerprint fee to budget for, which is part of what keeps Oklahoma's total cost of entry low.
Filing your license application
After passing, wait about 3 business days for your result to reach NIPR/SBS and the state, then apply online at the OID licensing site (the “NEW APPLICATION” button) through NIPR. Read every instruction — incomplete applications are delayed or rejected without a refund.
OID is paperless: once approved (typically 5–7 business days for a clean producer file), you're notified by email and print your own license from the OID licensing portal. You must hold an active license before you sell, solicit, or negotiate insurance.
Renewal and continuing education
Resident producer licenses are issued for two years and renew by the last day of your birth month, through NIPR. The resident renewal fee is $60, and you can file up to 90 days early — but all CE must be posted to your OID record first.
The CE bar is 24 hours per biennium including 3 hours of ethics. Let a license lapse and you can still get it reissued within 12 months without retesting; past 12 months, you're back to taking the exam again.
Oklahoma auto minimums & uninsured motorist rules
Oklahoma's mandatory auto liability minimums are 25/50/25 — $25,000 bodily injury per person, $50,000 per accident, and $25,000 property damage (47 O.S. § 7-324; 36 O.S. § 3636). Commit that to memory; it's a direct exam fact.
Uninsured/underinsured motorist coverage is an offer-and-reject coverage under 36 O.S. § 3636: the insurer must offer UM/UIM at limits equal to the liability limits, and the insured must reject it in writing to go without. Don't be fooled by consumer articles that loosely call UM ‘mandatory’ — the statute is an offer requirement, and the written rejection is the exam point.
Oklahoma property & casualty law on the exam
The state-law block covers the Property and Casualty Insurance Guaranty Association (36 O.S. § 1109, 2002, 2003), the Unfair Claims Settlement Practices Act (36 O.S. § 1250.2–1250.14), cancellation and nonrenewal rules (36 O.S. § 940, 943, 3622, 3639), binders (36 O.S. § 3622), and proof-of-loss timing (36 O.S. § 3629).
Surplus lines (36 O.S. § 1106, 1115), the rebating/inducement and twisting prohibitions (36 O.S. § 1204), and the State Automobile Insurance Plan (36 O.S. § 996.1) for hard-to-place risks all show up. Know the distinctions among domestic, foreign, and alien insurers.
Oklahoma workers' compensation
Workers' compensation gets its own slice of the exam under Oklahoma's Administrative Workers' Compensation Act (Title 85A). Focus on the standard policy structure — the difference between work-related and non-work-related injuries, the employer's coverage obligation, and Other States' insurance.
Pair this with the commercial casualty material — commercial general liability (occurrence vs. claims-made, Coverages A/B/C), commercial and garage auto, surety bonds, and professional liability (E&O, D&O) — for the bulk of the casualty side.
Quick Reference
Official Links
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