FREE PA Property & Casualty Exam Guide 2026
Video
Which state agency is responsible for regulating insurance companies and producers in Pennsylvania?
Pa Pc Regulation
Question · Easy
$100,000 fire claim. What does insurance pay?
Short
Free Pennsylvania P&C exam prep for 2026. Covers the 150-question PSI exam, 70% passing score, the new no-prelicensing rule, PA tort options, auto minimums, and free practice questions.
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Pennsylvania Insurance Department (PID)
PA Regulation & Licensing
Flashcard
How is the Pennsylvania Insurance Commissioner selected?
Statutory nonprofit entity in the Commonwealth that pays covered claims of insolvent insurers up to $300,000 per claimant and unearned premiums up to $10,000 per policy.
Insurance Regulation
Guess the Term
Standalone Coverage Map
How the Pennsylvania Property & Casualty Exam Maps to Your Study Plan
Study guide
Cheat sheet
How many hours of pre-licensing education must a candidate complete before taking the Pennsylvania property and casualty insurance producer exam?
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
Insurance Commissioner (Pennsylvania)
How many hours of continuing education (CE) must a Pennsylvania property and casualty insurance producer complete per biennial renewal period?
Unlawful inducement in which a producer or insurer offers or returns part of the premium or gives unscheduled valuable consideration to a buyer to secure a policy.
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…
Within how many days must a Pennsylvania insurance producer notify the Insurance Department of an address change?
The river took my couch
PA Producer Continuing Education Requirement
Which of the following is a requirement for obtaining a temporary insurance producer license in Pennsylvania?
Question · Medium
Statutory verb in Section 696-A describing what a fiduciary insurance producer must not do with collected client premiums and personal funds without express insurer consent.
Introduction: Pennsylvania Property & Casualty Insurance Exam Overview
Pennsylvania Property & Casualty Exam Overview
Under Pennsylvania law, which of the following actions would be grounds for the Insurance Commissioner to revoke a producer's license?
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
Lapsed License Reinstatement (PA)
In Pennsylvania, how many hours of the biennial continuing education requirement must be dedicated to ethics?
Mandatory continuing education subject requiring at least 3 of the 24 approved credit hours completed by every Pennsylvania resident producer during each two-year license term.
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.
The Pennsylvania Insurance Department has the authority to do all of the following EXCEPT:
Producer Appointment
A Pennsylvania insurance producer who allows their license to lapse may reinstate it without re-examination if they apply within what time frame?
Expiration of a producer license caused by failing to timely renew, pay the required fee, or complete continuing education, which may be reinstated within one year.
National Portion: Insurance Fundamentals
1.1 Risk, Hazards, Perils, and the Law of Large Numbers
Under Pennsylvania's Insurance Department Act, which of the following best describes the Commissioner's power regarding market conduct examinations?
Question · Hard
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
Pennsylvania Choice No-Fault System
PA Auto Insurance
Which of the following is TRUE regarding nonresident producer licensing in Pennsylvania?
First verb in the administrative order issued by the Insurance Commissioner commanding a person to immediately stop an unlawful insurance method, act, or practice.
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.
Under Pennsylvania law, what is the minimum age to obtain a property and casualty insurance producer license?
Full Tort Option (PA)
A Pennsylvania insurance producer who fails to complete the required continuing education by the renewal deadline will face which consequence?
Disciplinary action by the Insurance Commissioner after a hearing that permanently terminates an active producer license rather than temporarily halting or declining to renew it.
1.2 Insurable Interest, Indemnity, and Other Insurance Principles
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