Wisconsin Property & Casualty Insurance License Exam Overview
The Wisconsin Property & Casualty Insurance License Exam is administered by PSI on behalf of the Wisconsin Office of the Commissioner of Insurance (OCI). Wisconsin's diverse economy spanning manufacturing, agriculture, and services creates strong demand for knowledgeable P&C insurance professionals.
Passing this exam qualifies you to sell property insurance, auto insurance, liability coverage, and related products throughout Wisconsin—a state with nearly 6 million residents, significant winter storm exposure, and a robust manufacturing sector that creates substantial commercial P&C insurance needs.
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 | $75 |
| Pre-licensing Education | 40 hours required |
Why Get P&C Licensed in Wisconsin?
- Strong economy — Manufacturing, dairy, and technology sectors
- Milwaukee metro — Major insurance market hub
- Seasonal risks — Winter storms, hail, and severe weather
- No pre-licensing — Faster path to licensing
- Competitive compensation — Average P&C agent salary over $60,000
Start Your FREE Wisconsin P&C Exam Prep
Ready to begin studying? Our comprehensive, completely free Wisconsin 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
Wisconsin-Specific Property Topics:
- Wisconsin FAIR Plan (residual market)
- Winter storm and ice damage coverage
- Basement water damage considerations
- Snow load and ice dam coverage
- Lake property and flood concerns
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
Wisconsin Workers' Compensation:
- Required for employers with 3+ employees
- Wisconsin Compensation Rating Bureau
- Competitive state (private market)
- Self-insurance options available
3. Auto Insurance (25%)
Wisconsin Auto Insurance Requirements:
| Coverage | Minimum Limit |
|---|---|
| Bodily Injury (per person) | $25,000 |
| Bodily Injury (per accident) | $50,000 |
| Property Damage | $10,000 |
| Uninsured Motorist | $25,000/$50,000 |
Additional Auto Topics:
- Personal Auto Policy (PAP) coverage parts
- Wisconsin financial responsibility law
- Uninsured motorist coverage (required)
- Underinsured motorist coverage
- SR-22 requirements
- Commercial auto insurance
4. Wisconsin Insurance Code and Regulations (10%)
Chapter 628 Key Provisions:
- Producer licensing requirements
- Unfair trade practices
- Unfair claims settlement practices
- Policy cancellation and nonrenewal rules
- Advertising guidelines
Licensing Requirements:
- Pre-licensing education: Not 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 WI requirements | 12-14 |
| Week 4 | Wisconsin regulations (Ch. 628) | 8-10 |
| Week 5 | 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 Wisconsin P&C exam.
Wisconsin-Specific Exam Tips
1. Know Wisconsin Auto Minimums
Wisconsin requires 25/50/10 liability coverage:
- $25,000 per person bodily injury
- $50,000 per accident bodily injury
- $10,000 property damage
2. Master Winter Storm Coverage
Wisconsin's severe winter weather creates unique exposures:
- Ice dams — Major claim type for homeowners
- Frozen pipes — Coverage considerations
- Snow load — Roof collapse concerns
- Winter driving — Auto claims increase significantly
3. Understand Agricultural Coverage
Wisconsin's agricultural sector requires specialized knowledge:
- Farm and ranch policies
- Crop insurance basics
- Livestock coverage
- Farm equipment and machinery
4. Key Numbers to Remember
| Topic | Wisconsin Requirement |
|---|---|
| Auto minimums | 25/50/10 |
| WC threshold | 3+ employees |
| Pre-licensing | Not required |
| CE requirement | 24 hours/2 years |
| Passing score | 70% |
Common Mistakes to Avoid
- Skipping study — No pre-licensing doesn't mean easy exam
- Ignoring winter coverage — Primary WI property concern
- Not knowing auto minimums — Wisconsin is 25/50/10
- Forgetting UM coverage — Required in Wisconsin
- Not practicing timed exams — 2 hours for 150 questions
- Cramming last minute — Spread study over 4-5 weeks
After Passing Your Exam
- Apply for license through Wisconsin OCI online portal
- Complete background check — Required for all applicants
- Pay license fee — $75 for initial 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 Wisconsin Updates
For 2026, be aware of:
- Winter coverage rate adjustments
- Auto insurance rate changes
- Enhanced consumer protection regulations
- Updated claims settlement requirements
Start Your Wisconsin P&C Insurance Career Today
The Wisconsin P&C license opens doors to a strong Midwest insurance market. With proper preparation, you can pass the exam on your first attempt.
Our free study materials include:
- Complete topic coverage
- Practice questions with explanations
- Wisconsin-specific regulations (Chapter 628)
- Study guides and summaries
- AI-powered study assistance
Don't pay for expensive prep courses when everything you need is available FREE.