What This License Is
A Vermont 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 Vermont. It is issued by the Vermont Department of Financial Regulation.
Licensing runs through the same process as every Vermont producer line — the difference is the focused Property exam.
Exam Options & Format
The Property exam is Property (Series 14-41, Prometric): 105 total (100 scored + 5 pretest) questions, 2 hr, $50 (VERIFY) per attempt. Passing standard: 70%.
Vermont also offers the combined exam (Property & Casualty (Series 14-31): 155 total (150 scored) questions, 2 hr 30 min, $65 (VERIFY)), 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.
Dwelling, homeowners, and commercial property
Homeowners (17%) is the largest single section: HO-2 through HO-6 forms, Section I property coverages and Section II liability, perils, exclusions, conditions, and Vermont endorsements (e.g., HO 01 44 special provisions).
Dwelling (5%) covers DP basic/broad/special forms and the Vermont DP 01 44 special-provisions endorsement.
The Commercial Package Policy (8%), Businessowners (6%), and the property pieces of P&C Basics cover commercial property forms, causes-of-loss forms, BOP structure, inland marine, crime, and equipment breakdown.
Auto, liability, and workers' compensation
Auto (21%) is the heaviest section and the most Vermont-specific: the personal and commercial auto policies plus Vermont's Motor Vehicle Financial Responsibility law (Title 23), required liability limits, the Vermont Automobile Insurance Plan, and UM/UIM rules.
Casualty liability runs through the CPP's commercial general liability part, Workers' Compensation (7%) under Vermont's workers' comp law and the WC&EL policy, and Other Coverages (7%) — umbrella/excess, professional and cyber liability, surplus lines, surety bonds, ocean marine, and the NFIP.
General Insurance (9%) and P&C Basics (10%) anchor the terms: risk, hazards, negligence and damages, loss valuation, policy structure, and common provisions.
Vermont insurance regulation on the P&C exam
Insurance Regulation (10%) covers licensing process, maintenance and renewal, disciplinary actions, the Commissioner's powers, and company/producer regulation.
Vermont's Unfair Trade Practices Act (8 V.S.A. 4724) is tested in detail — misrepresentation, false advertising, defamation, boycott/coercion/intimidation, unfair discrimination, rebating, fiduciary duties and anti-commingling (Reg 95-1), and unfair claim settlement practices (Reg 79-2).
P&C Basics (10%) folds in the Vermont law block: the P&C Guaranty Association (3611–3626), cancellation/nonrenewal and renewal-notice rules, consent to rate (Reg I-2010-03), required provisions (4203), and the federal Terrorism Insurance Program.
Federal overlay: the Fair Credit Reporting Act and the 18 U.S.C. 1033/1034 fraud-and-false-statements provisions.
How to get your Vermont Property & Casualty license
Confirm the basics: at least 18 years old, residing in (or maintaining a principal place of business in) Vermont, and deemed by the Commissioner to be competent, trustworthy, financially responsible, and of good personal and business reputation.
Register with Prometric and pass the Series 14-31 Property & Casualty exam — at a Prometric test center or online via ProProctor. There's no pre-licensing requirement, so you can schedule as soon as you're ready (an exam registration stays valid for 90 days).
Apply through NIPR (www.nipr.com), which you can do 48 hours after passing; Prometric transmits your result to DFR within about 2 business days. Routine applications are typically issued within 48 hours.
Pay the state fees: $30 application + $30 license. Paper filers send the NAIC Uniform Application plus the original score report to DFR; electronic filing through NIPR is faster.
Vermont does not fingerprint resident producers, and there's no separate background check step — the NAIC application's background questions cover that disclosure.
Keeping your P&C license active
All resident producers complete 24 hours of CE every 2 years, including 3 hours of ethics.
Vermont runs on a common expiration date: producer licenses end March 31 of odd-numbered years and CE is due the same day. DFR sends a reminder about 85 days out. Renew through NIPR ($30 renewal fee); fees are not prorated.
No more than 6 hours may be agency-management content, excess credits don't carry over, and you can't repeat a course for credit within the same 2-year term.
Quick Reference
Official Links
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