State RegulationsFL specificDifficulty 1/5
When a license applicant files the application with the DFS, the required license application fee is:
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Answer & full 3-part explanation (select an option above, or peek)
Why A is correct
Under Fla. Stat. 624.501(5), the insurance license application fee is $50, paid by the applicant. Do not confuse it with the $60 appointment charge paid by the appointing insurer under Fla. Stat. 624.501(6)(7)(8), the $44 examination fee charged for the Florida licensing exam, or the $20 late-filing charge for an appointment renewal under Fla. Stat. 624.501(27). Unlike appointment fees, the application fee is the applicant's own cost.
Why the other options are wrong
- B) $60 is the total appointment charge ($42 fee plus $12 state tax plus $6 county tax) paid by the appointing insurer, not the application fee.
- C) $44 is the examination fee charged for the Florida licensing examination.
- D) $20 is the late-filing charge for an appointment renewal, paid by the appointor under Fla. Stat. 624.501(27).
Memory hook
Apply for $50; the insurer's $60 gets you appointed.