Property and Casualty Insurance Agent Exam FAQs
All fifty states require anyone who wants to sell property and casualty insurance to first take an exam to obtain an insurance sales license. The exam is offered by the state licensing boards. Candidates are not typically required to take a course to prepare for the exam, however each state offers many different courses both online, in the classroom or by book. Once licensed, there are professional organizations that offer certification programs to obtain advanced designations and training in specialty areas that also may require exams. The Property and Casualty (P&C) insurance industry encompasses coverages for personal and commercial property as well as for liability, both personal and professional. Property and Casualty insurances are typically sold bundled together, for example: a Car insurance policy is both coverage for the property itself and also the liability component of the insured item.
The Property and Casualty Insurance License exam typically has multiple choice questions.
The average Property and Casualty Insurance License exam has anywhere from 50 - 150 questions.
The Property and Casualty Insurance License exam must be completed in one hundred fifty (150) minutes on average.
Every state has its own set of eligibility requirements for licensure requirements for the Property and Casualty Insurance License Exam. See your state and local jurisdiction board website for more information on license and continuing education requirements.
Every state has its own set of eligibility requirements for licensure requirements for the Property and Casualty Insurance License. See your state and local jurisdiction board website for more information on license and continuing education requirements.
A P&C Insurance license examination will typically cover the following subjects:
- Insurance Terms and Related Concepts
- Policy Provisions and Contract Law
- Types of Policies, Homeowners
- Types of Policies, Commercial
- Types of Policies, Miscellaneous Commercial
- Types of Policies, Automobile
- Types of Policies, Miscellaneous
- Insurance Regulation
Every state has its own Property and Casualty Insurance License Exam. See your state and local jurisdiction board website for more information on license and continuing education requirements.
Every state has its own Property and Casualty Insurance License Exam and accordingly, test dates. See your state and local jurisdiction board website for more information on license and continuing education requirements.
State law and regulations require that insurance sales agents selling P&C insurance obtain a license before working within the state. Individuals seeking a rewarding and interesting career that can be both lucrative and flexible will consider getting their P&C license. Successful insurance salespeople can enjoy an unlimited earning potential. The prospect of renewal commissions creates a passive income that allows for an ideal work-life balance.
Candidates for the Property and Casualty Insurance License exam must contact their state licensing board for application and eligibility requirements. Generally speaking, the requirements will include: The successful completion of pre-licensing education through a state approved preparation course, totaling the required number of hours (e.g. 40 to 60 credit hours); a passing score (usually 70% or above) on a proctored certificate exam (which is the final exam for the course, administered by the prep course - if the student can pass this proctored exam, it shows they have a good chance at passing the state exam); a passing score on the official state exam, administered at an approved testing site; a background check including submission of fingerprints; and finally, applicants must submit an application including their name, address, criminal, and work histories, as well as pay application fees.
Normally, after the state licensing board has approved you to sit for the examination, the board will send you an approval letter with an approval code to start the application process. Candidates for the Property and Casualty Insurance License exam must contact their state licensing board for application and eligibility requirements.
Every state has its own set of eligibility requirements for renewal of the Property and Casualty Insurance License credential. See your state and local jurisdiction board website for more information on license and continuing education requirements.
Practice tests, such as Tests.com's Property and Casualty Insurance Agent Practice Exam, are a good way to study as it goes over the material you need to know while giving you a chance to practice your test taking skills. Additionally, study guides, text books, class notes, flashcards and videos are important study tools. It is best to use a wide range of test prep to get the most comprehensive coverage of the subject matter.
Tests.com has worked with instructors in the insurance field to develop a Property and Casualty Insurance Practice Test to help you prepare for the Property and Casualty Insurance License Exam. Tests.com's TestSim online interactive platform allows you to tailor tests to the subjects you want to study and to form tests to fit your study schedule. You can even simulate the actual Property and Casualty Insurance License Exam by setting the number of questions and timer to the time period allowed for the actual test. Get experience reading multiple-choice questions and taking timed tests. Tests.com will help you pass your Property and Casualty Insurance License on your way to a successful career as a Property and Casualty Insurance agent. Click here for a free Property and Casualty Insurance Practice Exam.
