What must an agent do if they change their address?

When an agent changes their address, it is vital to notify the State Corporation Commission. This action ensures that the regulatory body maintains accurate records of agents operating within the state, which is important for various reasons, such as ensuring proper communication regarding licensing, compliance, and other regulatory matters. Keeping the commission informed of any changes helps uphold the integrity of the licensing process and allows for efficient management of the agent's legal obligations.

In many states, including Virginia, agents are required to keep the state regulatory authority informed of any significant changes in their professional status, including changes in address, to ensure compliance with state insurance laws. This requirement reflects the importance of maintaining up-to-date contact information for all licensed agents to facilitate oversight and communication regarding consumer protection and regulatory compliance.