Key Takeaways
- Oklahoma has NO mandatory pre-licensing education requirement for Property & Casualty insurance
- The combined P&C exam consists of 150 questions with a 2.5-hour (150 minute) time limit
- The exam requires a 70% passing score, administered by Prometric and PSI
- After passing the exam, candidates must wait 3 business days before applying for a license
- Oklahoma auto insurance minimums are 25/50/25 for liability coverage
- Licensed producers must complete 24 hours of continuing education every 2 years (exempt first renewal)
Oklahoma Property & Casualty Exam Overview
Welcome to OpenExamPrep's FREE Oklahoma Property & Casualty Insurance exam prep guide. This comprehensive resource covers Oklahoma-specific regulations, licensing requirements, and state insurance laws you need to know to pass your exam in 2026.
About the Oklahoma P&C Exam
The Oklahoma Property & Casualty insurance examination is administered by Prometric and PSI Services on behalf of the Oklahoma Insurance Department (OID). The exam tests your knowledge of:
- Oklahoma Insurance Code and regulations
- Property insurance principles (homeowners, fire, commercial property)
- Casualty insurance principles (auto, liability, workers' compensation)
- Oklahoma-specific policy requirements
- Ethics and professional conduct
- Consumer protection laws
Exam Structure
| Exam Component | Details |
|---|---|
| Testing Provider | Prometric and PSI Services |
| Regulatory Authority | Oklahoma Insurance Department (OID) |
| Passing Score | 70% or higher |
| Question Format | 150 multiple-choice questions |
| Time Limit | 2.5 hours (150 minutes) |
| Test Delivery | Computer-based at testing centers |
| Results | Immediate upon completion |
| Exam Fee | $49 per exam |
Important: Oklahoma's 70% passing score is standard across most states. The exam covers both national concepts and Oklahoma-specific laws and regulations.
Exam Options
You can take the Oklahoma P&C exam in different configurations:
| Exam Type | Questions | Time | What It Covers |
|---|---|---|---|
| Property Only | 75 | 75 minutes | Homeowners, fire, commercial property |
| Casualty Only | 75 | 75 minutes | Auto, liability, workers' comp |
| Combined P&C | 150 | 2.5 hours | Both property and casualty |
Recommendation: Most candidates take the Combined P&C exam to obtain a full Property & Casualty license in one sitting.
Pre-Licensing Education Requirements
No Education Required!
Oklahoma is one of the most accessible states for insurance licensing because it has NO mandatory pre-licensing education requirement:
| Requirement | Oklahoma | Typical State |
|---|---|---|
| Pre-License Hours | 0 hours | 20-40 hours |
| Classroom Time | None required | Often required |
| Online Courses | Not mandated | Usually required |
| Certificate | Not needed | Usually required |
What This Means for You
- Start studying immediately - No need to wait for course completion
- Self-study permitted - Use this FREE guide and practice exams
- Cost savings - No mandatory pre-license course fees
- Flexible timeline - Schedule your exam when ready
Study Tip: Even though Oklahoma doesn't require pre-licensing education, successful candidates typically spend 40-60 hours studying exam content. Don't underestimate the exam difficulty just because there's no education requirement.
Recommended Preparation
| Study Activity | Recommended Hours |
|---|---|
| National P&C Concepts | 20-25 hours |
| Oklahoma State Law | 15-20 hours |
| Practice Exams | 10-15 hours |
| Review & Weak Areas | 5-10 hours |
| TOTAL | 50-70 hours |
Oklahoma Insurance Market Context
Why Oklahoma Is Unique
Oklahoma has distinctive insurance challenges and opportunities:
-
Natural Disaster Risk
- Tornadoes: Oklahoma is part of "Tornado Alley"
- Severe Storms: Hail, wind, and thunderstorm damage common
- Earthquakes: Increasing seismic activity in recent years
- Floods: Flash flooding in many areas
-
Market Characteristics
- Growing oil and gas industry requiring commercial coverage
- Agricultural sector with specialized insurance needs
- Diverse urban and rural markets
- Strong demand for personal lines
-
Regulatory Environment
- File-and-use rate system for most lines
- OID consumer protection oversight
- Reasonable licensing requirements
- Business-friendly regulations
Oklahoma Auto Insurance Requirements
All Oklahoma drivers must maintain minimum liability coverage:
| Coverage Type | Minimum Limit |
|---|---|
| Bodily Injury (per person) | $25,000 |
| Bodily Injury (per accident) | $50,000 |
| Property Damage | $25,000 |
Exam Tip: Memorize Oklahoma's 25/50/25 auto liability minimums. This is one of the most frequently tested topics on the state exam.
Additional Auto Coverage Requirements
- Uninsured Motorist (UM): Must be offered; written rejection required to decline
- Underinsured Motorist (UIM): Must be offered with UM
- Personal Injury Protection (PIP): Not required (Oklahoma is a tort state)
License Application Process
Step-by-Step Process
-
Study and Prepare (No pre-license course required)
- Complete this FREE study guide
- Review national P&C concepts
- Take practice quizzes
- Study Oklahoma Insurance Code
-
Schedule and Pass the Exam
- Register with Prometric or PSI online
- Pay $49 exam fee
- Choose testing center location
- Pass with 70%+ score
- Receive immediate results
-
Wait the Required Period
- 3 business days after passing before applying
- Use this time to gather application materials
- Complete fingerprinting if not already done
-
Complete Fingerprinting
- Required for background check
- Available at various Oklahoma locations
- FBI and OSBI background check
- Cost approximately $39.25
-
Apply for License
- Submit application through NIPR
- Pay $100 license application fee
- Provide all required documentation
- Include exam pass documentation
-
Receive License
- OID review takes 2-4 weeks
- License issued upon approval
- Valid for 2 years
- Begin selling P&C insurance in Oklahoma
Exam Retake Policy
| Situation | Policy |
|---|---|
| Failed Exam | Wait 24 hours before retaking |
| Retake Fee | Pay full $49 exam fee |
| No Limit | Oklahoma has no limit on retake attempts |
| Study Recommendation | Review weak areas before retaking |
Total Costs Summary
| Item | Cost |
|---|---|
| Pre-License Education | $0 (not required) |
| Exam Fee | $49 |
| Fingerprinting/Background Check | $39.25 |
| License Application Fee | $100 |
| TOTAL (Estimated) | $188.25 |
Cost Advantage: Oklahoma is one of the most affordable states for obtaining a P&C license due to no pre-licensing education requirement.
License Maintenance
| Requirement | Details |
|---|---|
| License Term | 2 years |
| CE Hours | 24 hours every 2 years |
| Ethics Hours | 3 hours (included in 24) |
| First Renewal | Exempt from CE requirement |
| Renewal Fee | Varies |
| Late Renewal | Additional penalty fees apply |
Continuing Education Details
- 24 hours required every 2-year license period
- 3 hours must be in ethics/law
- First renewal exemption - No CE needed for first renewal
- Must be completed before license expiration
- From OID-approved CE providers
Oklahoma Insurance Department Contact
| Resource | Details |
|---|---|
| Website | oid.ok.gov |
| Address | 3814 N. Santa Fe Ave., Suite 100<br/>Oklahoma City, OK 73118 |
| Consumer Hotline | (405) 521-2828 |
| Toll-Free | (800) 522-0071 |
| Licensing Division | (405) 521-2828 |
| Prometric Registration | prometric.com |
| PSI Registration | psiexams.com |
What This Guide Covers
This FREE study guide focuses on Oklahoma state-specific content for the P&C exam:
Chapter 1: Oklahoma Insurance Regulation & Licensing
- Oklahoma Insurance Department (OID) structure
- Commissioner authority (appointed by Governor)
- Producer licensing requirements and CE
- Prohibited practices and penalties
Chapter 2: Oklahoma Property Insurance Laws
- Homeowners insurance requirements
- Oklahoma FAIR Plan access
- Tornado and severe storm coverage
- Claims handling timeframes
Chapter 3: Oklahoma Casualty Insurance Laws
- Auto insurance minimums (25/50/25)
- Uninsured/underinsured motorist requirements
- Workers' compensation regulations
- Liability insurance requirements
Chapter 4: Ethics & Consumer Protection
- Unfair trade practices
- Claims handling requirements
- Oklahoma Guaranty Association
- Producer conduct standards
national Property & Casualty exam prepFree exam prep with practice questions & AI tutor
Study Tips for Success
Key Numbers to Memorize
| Topic | Number |
|---|---|
| Pre-license hours | 0 hours (none required) |
| Exam questions | 150 (combined P&C) |
| Exam time limit | 2.5 hours (150 minutes) |
| Passing score | 70% |
| Exam fee | $49 |
| License application fee | $100 |
| Wait after exam | 3 business days |
| License term | 2 years |
| CE hours per renewal | 24 |
| Ethics CE required | 3 hours |
| Auto minimum liability | 25/50/25 |
Oklahoma-Specific Topics to Master
- OID Structure and Authority
- 25/50/25 Auto Liability Minimums
- Tornado/Severe Weather Coverage
- First Renewal CE Exemption
- 3-Day Post-Exam Wait Period
- File-and-Use Rate System
Next Steps
Ready to begin? Here's your action plan:
- Complete this FREE study guide - Read all 4 chapters
- Study national P&C concepts - See our Property & Casualty exam prep
- Take chapter quizzes - Test your knowledge
- Take practice exams - Aim for 80%+ before real exam
- Register with Prometric/PSI - Schedule your exam
- Pass exam - With 70%+ score
- Wait 3 business days - Required processing period
- Complete fingerprinting - For background check
- Apply for license - Through NIPR with $100 fee
Remember: Oklahoma's lack of pre-licensing requirements makes it one of the most accessible states for entering the insurance industry. Use this opportunity wisely and prepare thoroughly!
Let's get started with Chapter 1: Oklahoma Insurance Regulation & Licensing!
How many hours of pre-licensing education does Oklahoma require for a Property & Casualty license?
What is the passing score required for the Oklahoma Property & Casualty insurance exam?
What are Oklahoma's minimum auto liability insurance limits?
How long must candidates wait after passing the Oklahoma P&C exam before applying for a license?
How many continuing education hours must Oklahoma P&C producers complete every 2 years?
Which testing providers administer the Oklahoma P&C insurance exam?