Free Property & Casualty Insurance Practice Exam by State 2026: 5,000+ Questions
Video
Which state agency has primary regulatory authority over property and casualty insurance companies and producers in California?
Ca Pc Regulation
Question · Easy
One hundred, three hundred, fifty
Short
Free P&C insurance practice exams for all 50 states plus DC. 5,000+ questions covering property, casualty, auto, homeowners, commercial lines, and state-specific regulations for 2026.
Blog
Peril vs. Hazard
Insurance Concepts
Flashcard
How is the California Insurance Commissioner selected?
Specific cause of a potential loss, such as fire, lightning, windstorm, theft, or hail, rather than a condition that makes the loss more likely.
General Insurance and Code
Guess the Term
Chapter 1: Exam Orientation and Insurance Basics
1.1 Exam Format and Overview
Study guide
Cheat sheet
What key change did Proposition 103 (1988) bring to California property and casualty insurance regulation?
Question · Medium
Actual Cash Value (ACV)
term
1. Actual Cash Value is a property valuation method that equals replacement cost minus depreciation, representing what property is worth today after accounting for wear and tear.
Glossary
Read the clue and guess the term in 6 tries.
Game
California Insurance CE Requirements 2026: 24 Hours
Physical, Moral, and Morale Hazards
Since January 1, 2026 (AB 943), how much prelicensing study must a California property and casualty applicant complete before CDI can issue the license?
24 CE hours every 2 years for CA insurance agents, plus SB 263 annuity, variable life and cash-value life training, LTC hours, and renewal rules.
Physical, moral, morale, or legal circumstance that increases the probability or potential severity of a covered loss.
Adverse Selection
1. Adverse selection is an insurance phenomenon where higher-risk individuals are more likely to purchase insurance than lower-risk individuals, creating an imbalanced risk pool that can lead to increased premiums and pote…
FREE California P&C Insurance Exam Guide (2026)
In California, what is the distinction between an insurance agent and an insurance broker?
$100,000 fire claim. What does insurance pay?
Free 2026 California property and casualty insurance exam prep. Covers the new AB 943 prelicensing rule, 30/60/15 auto minimums, FAIR Plan, Prop 103, CEA, fees, and free practice questions.
Indemnity Principle
How many hours of ethics CE are required as part of California's 24-hour continuing education requirement for P&C producers?
Producer defined in California Insurance Code Section 31 as a person authorized by and on behalf of an admitted insurer to transact property and casualty classes.
1.2 Insurance Principles and Risk Management
Under California's prior approval system established by Proposition 103, what must a property and casualty insurer do before implementing a rate increase?
Binder
1. A binder is a temporary insurance contract that provides the agreed coverage from its effective date while a formal policy is being issued. Its duration, cancellation requirements and permitted use depend on state law,…
Swap tiles to line up three of the same term.
Term Match
Insurable Interest (Property)
Under the California Insurance Code, a nonresident producer may be licensed in California if they meet which requirement?
Producer defined in California Insurance Code Section 33 who transacts insurance other than life for compensation on behalf of a client with, but not on behalf of, an insurer.
Coinsurance (Property Insurance)
1. Coinsurance is a property insurance provision requiring the insured to carry coverage equal to a specified percentage (usually 80%) of the property value or face a penalty at claim time.
What authority does the California Insurance Commissioner have regarding an insurer's request to withdraw from the California market?
Question · Hard
Parts of a policy
Actual Cash Value (ACV) vs. Replacement Cost
Property Coverage
Under California law, what is the penalty for transacting insurance without a valid license?
Intentional deception committed to obtain an unlawful financial benefit from an insurance transaction or claim.
1.3 The Insurance Contract and Legal Doctrines
California requires surplus lines brokers to file a report with the CDI within how many days after placing a surplus lines policy?
Declarations Page
1. A declarations page (dec page) is the first page of an insurance policy that summarizes essential coverage information including the named insured, policy number, coverage limits, deductibles, premiums, and effective da…
Flip two cards at a time to find matching terms.
Term Pairs
Named Perils vs. Open (All-Risk) Perils
What is the role of the California FAIR Plan?
Statutory entity established under California Insurance Code Section 1063 that pays covered claims when a member admitted property and casualty insurer becomes insolvent.
Deductible (Property & Casualty)
1. A deductible is the amount the insured must pay out-of-pocket before insurance coverage begins, representing a form of self-insurance that reduces premiums.
Loading more…
