Maine Property & Casualty Insurance License Exam Overview
The Maine Property & Casualty Insurance License Exam is administered by Prometric on behalf of the Maine Bureau of Insurance. Maine's unique position as the northeasternmost state creates specialized insurance needs, from coastal property risks to harsh winter conditions.
Passing this exam qualifies you to sell property insurance, auto insurance, liability coverage, and related products throughout Maine—a state with approximately 1.4 million residents, extensive coastline exposure, and seasonal tourism that creates diverse P&C insurance opportunities.
Exam Format at a Glance
| Component | Details |
|---|---|
| Total Questions | 150 multiple-choice |
| Scored Questions | 150 |
| Time Limit | 2 hours |
| Passing Score | 70% (105 correct answers) |
| Testing Vendor | Prometric |
| Exam Fee | $55 |
| Pre-licensing Education | 40 hours required |
Why Get P&C Licensed in Maine?
- Strong insurance requirements — Higher auto minimums than most states (50/100/25)
- Coastal market — Extensive shoreline creates specialized coverage needs
- Tourism industry — Seasonal businesses need commercial coverage
- Less competition — Smaller market offers personalized service opportunities
- Quality of life — Live and work in one of America's most scenic states
Start Your FREE Maine P&C Exam Prep
Ready to begin studying? Our comprehensive, completely free Maine P&C exam prep covers everything you need to pass.
Key Topics Covered on the Exam
1. Property Insurance (30%)
Homeowners Insurance:
- HO-2, HO-3, HO-4, HO-5, HO-6, HO-8 policy forms
- Coverage A (Dwelling), B (Other Structures), C (Personal Property)
- Coverage D (Loss of Use), E (Personal Liability)
- Dwelling fire policies
Maine-Specific Property Topics:
- Maine FAIR Plan (residual market for hard-to-insure properties)
- Coastal windstorm coverage
- Ice dam and frozen pipe coverage (critical for Maine winters)
- Flood insurance requirements (coastal and inland areas)
- Seasonal/vacation property coverage
Commercial Property:
- Building and personal property coverage forms
- Business income coverage
- Equipment breakdown
- Inland marine coverage
2. Liability Insurance (30%)
Personal Liability:
- Homeowners liability (Coverage E)
- Personal umbrella policies
- Medical payments coverage
Commercial Liability:
- Commercial General Liability (CGL)
- Products and completed operations
- Professional liability (E&O)
- Workers' compensation requirements
Maine Workers' Compensation:
- Required for employers with one or more employees
- Maine Employers' Mutual Insurance Company (MEMIC)
- Competitive state (private market)
- Lobster fishing and maritime industry considerations
3. Auto Insurance (25%)
Maine Auto Insurance Requirements:
| Coverage | Minimum Limit |
|---|---|
| Bodily Injury (per person) | $50,000 |
| Bodily Injury (per accident) | $100,000 |
| Property Damage | $25,000 |
| Uninsured Motorist | $50,000/$100,000 |
| Medical Payments | $2,000 |
Additional Auto Topics:
- Personal Auto Policy (PAP) coverage parts
- Maine financial responsibility law
- Uninsured motorist coverage (required)
- Underinsured motorist coverage
- SR-22 requirements
- Commercial auto insurance
4. Maine Insurance Code and Regulations (10%)
Title 24-A Key Provisions:
- Producer licensing requirements
- Unfair trade practices
- Unfair claims settlement practices
- Policy cancellation and nonrenewal rules
- Advertising guidelines
Licensing Requirements:
- Pre-licensing education: 40 hours
- Continuing education: 24 hours every 2 years
- Ethics requirement: 3 hours included in CE
- Background check required
5. Ethics and Professional Conduct (5%)
- Fiduciary duties to insureds
- Premium handling requirements
- Claims reporting obligations
- Privacy and confidentiality
Study Timeline for Success
| Week | Focus Area | Hours |
|---|---|---|
| Week 1-2 | Property insurance fundamentals | 12-14 |
| Week 2-3 | Liability insurance | 12-14 |
| Week 3-4 | Auto insurance and ME requirements | 12-14 |
| Week 4-5 | Maine regulations (Title 24-A) | 8-10 |
| Week 5-6 | Practice exams and review | 12-14 |
Total recommended study time: 55-65 hours
Free Practice Questions Available
Test your knowledge with hundreds of free practice questions designed specifically for the Maine P&C exam.
Maine-Specific Exam Tips
1. Know Maine Auto Minimums
Maine has higher auto minimums than most states at 50/100/25:
- $50,000 per person bodily injury
- $100,000 per accident bodily injury
- $25,000 property damage
2. Master Coastal Coverage
Maine's 3,500-mile coastline creates unique risks:
- Windstorm coverage — Essential for coastal properties
- Flood zones — Many coastal areas require flood insurance
- Nor'easters — Winter storms cause significant damage
- Storm surge — Separate coverage often needed
3. Understand Winter Weather Coverage
Maine's harsh winters require specialized knowledge:
- Ice dam coverage
- Frozen pipe coverage
- Snow load considerations
- Heating system failure coverage
4. Key Numbers to Remember
| Topic | Maine Requirement |
|---|---|
| Auto minimums | 50/100/25 |
| Required Med Pay | $2,000 |
| Pre-licensing | 40 hours |
| CE requirement | 24 hours/2 years |
| Passing score | 70% |
Common Mistakes to Avoid
- Not knowing high auto minimums — Maine's 50/100/25 is higher than most states
- Skipping coastal coverage — Major topic for Maine
- Ignoring winter perils — Ice dams, frozen pipes, snow load
- Underestimating tourism impact — Seasonal businesses need coverage
- Not practicing timed exams — 2 hours for 150 questions
- Cramming last minute — Spread study over 5-6 weeks
After Passing Your Exam
- Apply for license through Maine Bureau of Insurance
- Complete background check — Required for all applicants
- Pay license fee — $50 for resident license
- Affiliate with insurer — Get appointed by carrier
- Maintain CE compliance — 24 hours every 2 years
- Begin selling — Your license is valid for 2 years
2026 Maine Updates
For 2026, be aware of:
- Coastal coverage rate adjustments
- Climate-related underwriting changes
- Auto insurance rate updates
- Enhanced consumer protection regulations
Start Your Maine P&C Insurance Career Today
The Maine P&C license opens doors to a unique insurance market with strong coverage requirements. With proper preparation, you can pass the exam on your first attempt.
Our free study materials include:
- Complete topic coverage
- Practice questions with explanations
- Maine-specific regulations (Title 24-A)
- Study guides and summaries
- AI-powered study assistance
Don't pay for expensive prep courses when everything you need is available FREE.