Post job

Licensed insurance agent education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become a licensed insurance agent. Licensed insurance agents usually study business, psychology, or insurance. 50% of licensed insurance agents hold a bachelor's degree, and 23% hold an associate degree. We analyzed 10,890 real licensed insurance agent resumes to see exactly what licensed insurance agent education sections show.

The most common colleges for licensed insurance agents are the University of Phoenix and the University of Phoenix.

There are also many online licensed insurance agent courses to help get the education required to be a licensed insurance agent.

There are certain licensed insurance agent certifications that you should consider. These licensed insurance agent certifications include Certified Professional, Life and Health Insurance Program (CPLHI) and Certified Nurse Assistant (CNA).

What education do you need to become a licensed insurance agent?

What degree do you need to be a licensed insurance agent?

The most common degree for licensed insurance agents is bachelor's degree, with 50% of licensed insurance agents earning that degree. The second and third most common degree levels are associate degree degree at 23% and associate degree degree at 13%.
  • Bachelor's, 50%
  • Associate, 23%
  • High School Diploma, 13%
  • Master's, 5%
  • Other Degrees, 9%

What should I major in to become a licensed insurance agent?

You should major in business to become a licensed insurance agent. 34% of licensed insurance agents major in business. Other common majors for a licensed insurance agent include psychology and insurance.

Most common colleges for licensed insurance agents

Licensed insurance agents often get their degrees at University of Phoenix, University of South Florida, and Ashford University. Here are the most common colleges for licensed insurance agents in the US based on their resumes.
Licensed insurance agent common collegePercentages
University of Phoenix25.24%
University of South Florida6.43%
Ashford University5.47%
DeVry University4.98%
Old Dominion University4.98%

Best majors for licensed insurance agents

RankMajorPercentages
1Business34.0%
2Psychology6.6%
3Insurance6.3%
4Accounting5.1%
5Criminal Justice4.7%

Best colleges for licensed insurance agents

The best colleges for licensed insurance agents are University of Pennsylvania, Stanford University, and Northwestern University.

A licensed insurance agent with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for licensed insurance agents. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become licensed insurance agents.

1. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

2. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

3. University of Minnesota - Twin Cities

Minneapolis, MN • Private

In-state tuition

$14,760

Enrollment

31,451

4. Howard University

Washington, DC • Private

In-state tuition

$26,756

Enrollment

6,166

5. SUNY College at Oswego

Oswego, NY • Private

In-state tuition

$8,440

Enrollment

7,039

6. Stanford University

Stanford, CA • Private

In-state tuition

$51,354

Enrollment

7,083

7. Baylor University

Waco, TX • Private

In-state tuition

$45,542

Enrollment

14,159

8. University of Louisiana at Lafayette

Lafayette, LA • Private

In-state tuition

$9,912

Enrollment

14,245

9. Ball State University

Muncie, IN • Private

In-state tuition

$9,896

Enrollment

15,529

10. Butler University

Indianapolis, IN • Private

In-state tuition

$41,120

Enrollment

4,553

20 best online courses for licensed insurance agents

Advertising disclosure

1. Digital Transformation in Financial Services

coursera

This Specialization is intended for learners that have or wants to have a career in the digital financial industries.\n\nThe Specialization explores the evolving world of finance, focusing on the changing dynamics caused by the conversion of products and services into digital goods, new customer demands and changing regulation to govern the competetive landscape - the digital transformation of finance.\n\nYou’ll learn about concepts such as digital platforms and business ecosystems, be exposed...

2. Health Information Literacy for Data Analytics

coursera

This Specialization is intended for data and technology professionals with no previous healthcare experience who are seeking an industry change to work with healthcare data. Through four courses, you will identify the types, sources, and challenges of healthcare data along with methods for selecting and preparing data for analysis. You will examine the range of healthcare data sources and compare terminology, including administrative, clinical, insurance claims, patient-reported and external...

3. Fundamentals of Insurance - 2

udemy
4.4
(5,370)

Part 2...

4. Fundamentals of Insurance - 1

udemy
4.4
(8,948)

Part 1...

5. Excel Skills for Insurance Professionals

udemy
4.5
(1,046)

From Vlookups to Pivot Tables: Learn the Excel basics anyone working in the insurance industry needs to know!...

6. Value-Based Healthcare: An Introduction (Premium Edition)

udemy
4.4
(1,521)

Scaling Healthcare ROI – Leveraging Value, Quality, and Cost to Improve Healthcare Delivery and Results...

7. Customer Service Mastery: Delight Every Customer

udemy
4.7
(18,204)

Master Customer Service using this practical customer care course...

8. Fundamentals of Financial Services

udemy
4.5
(275)

Understanding key elements and basic workings of the Financial Services Industry (useful for exams as well)...

9. Customer Service, Customer Support, And Customer Experience

udemy
4.6
(2,666)

Customer service, customer support, and customer experience training. Loyal clients through world-class customer service...

10. Customer Service & Support For Customer Service Executives

udemy
4.5
(941)

Learn Customer Service Skills & Provide Excellent Customer Support, Customer Experience & How To Manage Upset Customers...

11. Customer Service Fundamentals: Putting People First

udemy
4.4
(313)

Customer Care Listening Great Customer Service Concern for Others Company Culture Engaging People Responding...

12. Customer Service

udemy
4.6
(11,267)

How to Approach New Customers and Maintain Existing Ones...

13. Your Customer Service Toolbox: Best Practices for Beginners

udemy
4.5
(4,101)

Excel as a front-line customer service agent using problem-solving & relationship-building skills, etiquette, and more...

14. Sales and Selling with Emotional Intelligence

udemy
4.5
(950)

Mastering Sales and Selling Skills The Art of Persuasion with Emotional Intelligence Enhancing Customer Experience...

15. Customer Retention: Maximise Your Profits

udemy
4.6
(481)

How CRM, Customer Care, Customer Service, Customer Satisfaction, and Customer Experience will 10X your profits...

16. Health Data 101

udemy
4.4
(1,787)

An Introduction to Health Data for data analysts...

17. Customer Service Foundation

udemy
4.5
(290)

An introductory course about understanding the foundations of Customer Service...

18. Zendesk for Customer Service Agents Training Course

udemy
4.6
(1,065)

How to provide great customer support using Zendesk, a course for beginners...

19. How to Become a Loan Signing Agent & Remote Online Notary

udemy
4.7
(825)

Learn how to become a profitable signing agent and RON step by step A to Z...

20. Zendesk for Customer Service Agents-Complete Training Course

udemy
4.7
(317)

Learn how to use all available options of Zendesk and manage your tickets like a real PRO. This is a complete training...

Top 10 most affordable universities for licensed insurance agents

The most affordable schools for licensed insurance agents are SUNY Farmingdale, california state university - bakersfield, and baruch college of the city university of new york.

If the best universities for licensed insurance agents are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for licensed insurance agents.

1. SUNY Farmingdale

Farmingdale, NY • Private

In-state tuition

$8,306

Cost of attendance

16,091

2. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

3. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

4. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

5. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

6. Florida Atlantic University

Boca Raton, FL • Private

In-state tuition

$4,831

Cost of attendance

19,559

7. Brooklyn College of the City University of New York

Brooklyn, NY • Private

In-state tuition

$7,240

Cost of attendance

13,991

8. SUNY Polytechnic Institute

Utica, NY • Private

In-state tuition

$8,238

Cost of attendance

21,567

9. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

10. USF Sarasota-Manatee

Sarasota, FL • Private

In-state tuition

$5,587

Cost of attendance

13,043

Top 10 hardest universities to get into for licensed insurance agents

The hardest universities for licensed insurance agents to get into are University of Pennsylvania, Stanford University, and Northwestern University.

Some great schools for licensed insurance agents are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for licensed insurance agents based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

2. Stanford University

Stanford, CA • Private

Admissions rate

4%

SAT average

1,497

3. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

4. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

5. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

6. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

7. Villanova University

Villanova, PA • Private

Admissions rate

29%

SAT average

1,407

8. Southern Methodist University

Dallas, TX • Private

Admissions rate

51%

SAT average

1,395

9. Bentley University

Waltham, MA • Private

Admissions rate

43%

SAT average

1,338

10. SUNY at Binghamton

Vestal, NY • Private

Admissions rate

40%

SAT average

1,376

Top 10 easy-to-apply-to universities for licensed insurance agents

The easiest schools for licensed insurance agents to get into are Oklahoma Wesleyan University, notre dame de namur university, and holy names university.

Some schools are much easier to get into. If you want to start your career as a licensed insurance agent without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for licensed insurance agents.

1. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

2. Notre Dame de Namur University

Belmont, CA • Private

Admissions rate

82%

SAT average

983

3. Holy Names University

Oakland, CA • Private

Admissions rate

70%

SAT average

849

4. University of Houston - Downtown

Houston, TX • Private

Admissions rate

83%

SAT average

1,012

5. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

6. LIM College

New York, NY • Private

Admissions rate

83%

SAT average

1,061

7. Presentation College

Aberdeen, SD • Private

Admissions rate

97%

SAT average

1,050

8. Nyack College

New York, NY • Private

Admissions rate

98%

SAT average

999

9. D'Youville College

Buffalo, NY • Private

Admissions rate

100%

SAT average

1,072

10. Life University

Marietta, GA • Private

Admissions rate

94%

SAT average

979

Average licensed insurance agent salary by education level

Licensed insurance agents with a Bachelor's degree earn more than those without, at $62,401 annually. With a Master's degree, licensed insurance agents earn a median annual income of $62,252 compared to $57,864 for licensed insurance agents with an Doctorate degree.
Licensed insurance agent education levelLicensed insurance agent salary
Master's Degree$62,252
High School Diploma or Less$49,664
Bachelor's Degree$62,401
Doctorate Degree$57,864
Some College/ Associate Degree$49,467

Licensed insurance agent education FAQs

Search for licensed insurance agent jobs

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.