Arkansas residents interested in becoming an independent claims adjuster working catastrophic claims across the country ought to strongly take into account 1st acquiring their resident Arkansas adjuster license. Non-residents interested in functioning claims in Arkansas may possibly be essential to obtain this license ahead of getting allowed an assignment. There is an exam necessary and a stipulation with regards to experience. Comply with these 3 steps to obtain and sustain your adjuster license in Arkansas.
Step 1) Observe the Needs
Folks applying for an Arkansas adjuster license should be 18 years of age or older. According to the Arkansas Department of Insurance, if you are a resident of Arkansas you need to have “at least one year of expertise in claims adjusting or must work under the direct supervision of an Arkansas licensed adjuster for 1 year after licensure to maintain the adjuster license.” Lastly, residents should pass an insurance adjuster exam administered by Promissor.
Stage 2) Acquire the License
To effectively grow to be a licensed Arkansas adjuster, you will require to fill out and submit the Adjuster Application Kind Aid-LI-ADJ and accompany it with a $60 licensing fee. Web page 5 of the application needs your consent to let the State Police to conduct a criminal record search and release any final results to the Arkansas Insurance Division. This, nonetheless, only applies to resident applicants. Arkansas grants reciprocal licensing privileges to non-resident adjusters holding a license in their residence state. Unfortunately, if your home state does not call for a license to be an adjuster, you need to then pass the Arkansas adjuster exam.
Stage 3) Keep the License
Licensed Arkansas adjusters ought to renew their license after yearly by submitting a renewal application and a $35 renewal fee. There are no Continuing Education needs mandated by Arkansas for the correct upkeep of the adjuster license.
Summary: Eventually, residents of Arkansas will want to obtain their resident Arkansas adjuster license – whether or not you intend to work claims there or not. Independent catastrophic adjusters who perform outdoors the state but have their main residence in Arkansas should strongly consider getting this license. Numerous states will not enable you to reciprocally get their license if you are not licensed in your resident state. This is not your prototypical danger state for disaster, but as it borders the tornado belt, and with frequent hail storms and flooding, non-resident applicant interest should remain stable. For additional licensing info, refer to the total requirements.