Free Insurance Practice Questions

Pass rates vary by exam type: Life & Health exams have 65-85% pass rates, while Property & Casualty exams average 50-60%. California's P&C exam has only a 43% pass rate, making it one of the hardest. The passing score is 70% in most states. With proper preparation, you can significantly improve your chances.

It depends on your career goals. Life & Health is better for financial services, retirement planning, and long-term client relationships. Property & Casualty is better for agency work selling auto and home insurance. Many agents get both licenses within their first 1-2 years to maximize earning potential.

According to the Bureau of Labor Statistics (May 2024), the median annual wage for insurance sales agents is $60,370. The lowest 10% earn less than $36,390, while the top 10% earn over $135,660. Life insurance agents have the highest earning potential with first-year commissions of 40-120% of policy premiums.

The BLS projects 4% job growth from 2024-2034 with 47,000 annual openings. The major opportunity: 400,000 insurance professionals are expected to retire by 2026 (BLS), creating unprecedented openings. 63% of insurance carriers plan to increase hiring through 2026.

Plan for 40-60 hours of study over 4-6 weeks. Most states require 40+ hours of pre-licensing education. California is reducing requirements to just 12 hours starting January 2026. Complete 300+ practice questions and score 80%+ consistently before scheduling your exam.

The NAIC reports over 2 million individuals are licensed to provide insurance services, though this includes multi-state licenses. The BLS reports 568,800 active insurance sales agents in 2024. There are approximately 443,000 insurance broker/agency businesses in the US.