Property & Casualty Insurance Exam

P&C vocabulary and insurer types (domestic, foreign, alien; admitted vs. nonadmitted) · Law of agency · Contract law, underwriting, rate filings, and loss ratio · Basics of property insurance and cause-of-loss forms · Basics of liability insurance and negligence

Dwelling policies · Homeowners forms and Section I Coverages A–D · Covered perils and loss payment · Section II liability and medical payments · Mobile home and other endorsements

Liability (Coverage A) and medical payments (Coverage B) · Uninsured/underinsured motorist · Damage to your auto · Policy-wide exclusions and duties after loss · Auto endorsements

Watercraft, boatowners, and yacht policies · Flood insurance

Commercial package policy structure and common conditions · Commercial property coverage forms · Business income and extra expense · Builders risk and condominium forms · Basic, broad, and special causes of loss

CGL Coverages A, B, and C · Who is an insured, limits, and conditions · Occurrence vs. claims-made policies · Other commercial liability policies · Surety bonds

Crime and fidelity bonds · Equipment breakdown · Commercial auto and truckers forms · Inland and ocean marine; farm coverage · Businessowners policy (BOP) · Workers' compensation and employers liability

Commissioner authority and producer licensing · License maintenance and continuing education · Appointments, terminations, and prohibited practices · Guaranty association and P&C-specific rules · Financial responsibility and auto cancellation rules