Nebraska Property & Casualty Insurance License Exam Overview
The Nebraska Property & Casualty Insurance License Exam is administered by PSI on behalf of the Nebraska Department of Insurance. Nebraska's agricultural economy and Midwest location create unique insurance needs, from farm and ranch coverage to severe weather protection.
Passing this exam qualifies you to sell property insurance, auto insurance, liability coverage, and related products throughout Nebraska—a state with nearly 2 million residents, significant agricultural operations, and tornado exposure that creates substantial P&C insurance demand.
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 | PSI |
| Exam Fee | $64 |
| Pre-licensing Education | Not required (recommended) |
Why Get P&C Licensed in Nebraska?
- Agricultural market — Farms and ranches need specialized coverage
- Growing Omaha metro — Major corporate headquarters
- Severe weather — Tornado and hail create ongoing demand
- Lower competition — Less saturated than coastal markets
- Stable economy — Agriculture and insurance industry base
Start Your FREE Nebraska P&C Exam Prep
Ready to begin studying? Our comprehensive, completely free Nebraska 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
Nebraska-Specific Property Topics:
- Tornado and wind coverage (major NE exposure)
- Hail damage coverage
- Farm and ranch property coverage
- Flood insurance (Missouri River corridor)
- Winter storm damage
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
Nebraska Workers Compensation:
- Required for employers with one or more employees
- Competitive state fund option
- Private market available
- Self-insurance options for qualified employers
3. Auto Insurance (25%)
Nebraska Auto Insurance Requirements:
| Coverage | Minimum Limit |
|---|---|
| Bodily Injury (per person) | $25,000 |
| Bodily Injury (per accident) | $50,000 |
| Property Damage | $25,000 |
Additional Auto Topics:
- Personal Auto Policy (PAP) coverage parts
- Nebraska Motor Vehicle Safety Responsibility Act
- Uninsured motorist coverage (required offer)
- Underinsured motorist coverage
- SR-22 requirements
- Commercial auto insurance
4. Nebraska Insurance Code and Regulations (10%)
Nebraska Revised Statutes Chapter 44 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 required
- 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 NE requirements | 12-14 |
| Week 4-5 | Nebraska regulations (Chapter 44) | 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 Nebraska P&C exam.
Nebraska-Specific Exam Tips
1. Know Nebraska Auto Minimums
Nebraska requires 25/50/25 liability coverage:
- $25,000 per person bodily injury
- $50,000 per accident bodily injury
- $25,000 property damage
2. Master Tornado Coverage
Nebraska is in Tornado Alley:
- Wind coverage — Essential component of property policies
- Replacement cost vs. ACV — Critical coverage decision
- Deductibles — Wind/hail deductibles common
- Debris removal — Important after storm damage
3. Understand Farm and Ranch Coverage
Nebraska agricultural operations need specialized coverage:
- Farm owners policies
- Crop insurance awareness
- Livestock coverage
- Equipment and machinery
- Farm liability considerations
4. Key Numbers to Remember
| Topic | Nebraska Requirement |
|---|---|
| Auto minimums | 25/50/25 |
| WC threshold | 1+ employees |
| Pre-licensing | 40 hours |
| CE requirement | 24 hours/2 years |
| Passing score | 70% |
Common Mistakes to Avoid
- Forgetting property damage minimum — Nebraska is 25/50/25, not 25/50/15
- Skipping tornado coverage — Major NE risk
- Ignoring agricultural coverage — Large market segment
- Not knowing auto minimums — Frequently tested
- 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 Nebraska Department of Insurance
- Complete background check — Required for all applicants
- Pay license fee — Resident producer license fee
- 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 Nebraska Updates
For 2026, be aware of:
- Tornado coverage rate adjustments
- Agricultural insurance updates
- Auto insurance rate changes
- Enhanced consumer protection regulations
Start Your Nebraska P&C Insurance Career Today
The Nebraska P&C license opens doors to a stable Midwest insurance market with strong agricultural and commercial opportunities. With proper preparation, you can pass the exam on your first attempt.
Our free study materials include:
- Complete topic coverage
- Practice questions with explanations
- Nebraska-specific regulations (Chapter 44)
- Study guides and summaries
- AI-powered study assistance
Do not pay for expensive prep courses when everything you need is available FREE.