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434+ Free OK Property & Casualty Practice Questions

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2026 Statistics

Key Facts: OK Property & Casualty Exam

150 + 5

Exam Length

PSI Services OK candidate bulletin

70%

Passing Score

OID licensing requirements

25/50/25

Auto Minimums

OK Compulsory Insurance Law

$38

Exam Fee

PSI Services

$300K

Guaranty Limit

OK P&C Guaranty Association

24 hrs CE

Biennial Requirement

36 O.S. § 1435.29

The combined Oklahoma Property & Casualty producer exam has 150 scored questions plus 5 unscored items, a 150-minute limit, and a 70% passing standard. Its current official outline has 12 domains with exact scored-item counts.

Sample OK Property & Casualty Practice Questions

Try these sample questions to test your OK Property & Casualty exam readiness. Each question includes a detailed explanation. Start the interactive quiz above for the full 434+ question experience with AI tutoring.

1Which state agency has primary regulatory authority over property and casualty insurance companies and producers in Oklahoma?
A.Oklahoma Department of Commerce
B.Oklahoma Insurance Department (OID)
C.Oklahoma Corporation Commission
D.Oklahoma Department of Consumer Credit
Explanation: The Oklahoma Insurance Department (OID) is the primary regulator of all insurance companies and insurance producers in Oklahoma, including property and casualty lines. The OID is headed by the Insurance Commissioner, who is elected by Oklahoma voters. The OID enforces Title 36 of the Oklahoma Statutes and protects Oklahoma insurance consumers.
2Under Oklahoma law, what is the minimum age requirement to apply for a property and casualty insurance producer license?
A.16 years old
B.18 years old
C.21 years old
D.25 years old
Explanation: Oklahoma law requires that any individual applying for a resident producer's license must be at least 18 years old and be a resident of Oklahoma prior to submitting an application. This age requirement is consistent with most states' licensing requirements for insurance producers.
3Does Oklahoma require pre-licensing education for property and casualty insurance producer applicants?
A.Yes, 40 hours of pre-licensing education is required
B.Yes, 20 hours of pre-licensing education is required
C.No, pre-licensing education is not required but is recommended
D.Yes, only for property insurance; not for casualty insurance
Explanation: Oklahoma does NOT require pre-licensing education for insurance producer applicants. However, the Oklahoma Insurance Department strongly recommends completing a study course to prepare for the licensing examination. This makes Oklahoma one of the states with more flexible licensing requirements, though passing the state exam is still mandatory.
4What entity administers the Oklahoma property and casualty insurance licensing examination?
A.Oklahoma Insurance Department directly
B.Prometric
C.PSI Services LLC
D.Pearson VUE
Explanation: PSI Services LLC (PSI) administers all Oklahoma insurance licensing examinations. Candidates must schedule their exams through PSI either online or by phone. The exam is closed-book and covers both national P&C concepts and Oklahoma-specific regulations.
5What is the passing score for the Oklahoma Property & Casualty insurance licensing examination?
A.60%
B.65%
C.70%
D.75%
Explanation: The Oklahoma Property & Casualty insurance licensing examination requires a minimum passing score of 70%. This means candidates must correctly answer at least 70% of the scored questions to pass. The exam contains 150 scored questions plus 5 unscored pretest questions.
6How many hours of continuing education must Oklahoma property and casualty producers complete before license renewal?
A.12 hours every 2 years
B.24 hours every 2 years
C.30 hours every 2 years
D.40 hours every 2 years
Explanation: Oklahoma requires property and casualty producers to complete 24 hours of approved continuing education (CE) every 2 years before submitting their license renewal application. Of these 24 hours, at least 3 hours must be in ethics courses. The license renewal period is based on the producer's birth date.
7Under Oklahoma's Title 36, which statute governs the Property and Casualty Insurance Guaranty Association?
A.36 O.S. § 1435
B.36 O.S. § 2002
C.36 O.S. § 1250
D.36 O.S. § 1106
Explanation: 36 O.S. § 2002 establishes the Oklahoma Property and Casualty Insurance Guaranty Association. This association provides protection to Oklahoma policyholders in the event that a member insurance company becomes insolvent. The guaranty association ensures that covered claims are paid even when the insurer fails.
8According to Oklahoma law, how long must a producer wait after passing the licensing exam before applying for a license?
A.May apply immediately after passing
B.Must wait 1 business day
C.Must wait 3 business days
D.Must wait 7 business days
Explanation: Oklahoma law requires that producers wait 3 business days after passing the licensing examination before applying for their license. This waiting period allows time for exam results to be processed and entered into the system. After this period, applicants can apply through the OID licensing portal at www.licensing.oid.ok.gov.
9What is the approximate fee charged by PSI for the Oklahoma insurance licensing examination?
A.$15
B.$38
C.$95
D.$150
Explanation: PSI charges $38 per attempt for the Oklahoma insurance licensing examination (reduced from $41 in August 2024). This exam fee is paid to PSI each time the candidate sits for the test. Separately, the applicant pays a license application fee to the Oklahoma Insurance Department plus a NIPR processing fee when applying for the license after passing.
10Under Oklahoma law, what information must a producer report to the Oklahoma Insurance Department within 30 days?
A.Only criminal convictions
B.Only change of address
C.Change of address, name change, and any criminal convictions
D.Only name changes
Explanation: Under 36 O.S. § 1435.8(F), Oklahoma producers must report to the Insurance Department within 30 days any change of address, name change, or any criminal conviction. This reporting requirement ensures that the OID maintains accurate producer records and can take appropriate action when necessary.

About the OK Property & Casualty Exam

The Oklahoma Property & Casualty insurance exam covers general insurance principles plus Oklahoma-specific regulations including OID licensing oversight, Title 36 statutes, 25/50/25 auto minimums, workers compensation, P&C Guaranty Association, tornado/hail coverage, and producer compliance duties. Oklahoma does NOT require pre-licensing education.

Questions

155 scored questions

Time Limit

2 hours 30 minutes

Passing Score

70%

Exam Fee

$38 in the current OID/PSI bulletin (Oklahoma Insurance Department / PSI Services)

OK Property & Casualty Exam Content Outline

7 scored questions

Licensing

Producer licensing, appointments, maintenance, and enforcement

16 scored questions

State Insurance Statutes, Rules, and Regulations

Oklahoma insurance law, unfair practices, guaranty protection, and surplus lines

10 scored questions

State Automobile Insurance Laws

Compulsory limits, UM/UIM, and residual-market rules

5 scored questions

State Workers' Compensation

Oklahoma workers' compensation requirements and coverage

8 scored questions

Personal Policies

Dwelling, homeowners, and specialized personal policies

15 scored questions

Commercial Property Policies

Commercial property, income, package, inland marine, crime, and equipment breakdown

20 scored questions

Property Terms and Related Concepts

Perils, hazards, valuation, loss, limits, and coinsurance

15 scored questions

Property Policy Provisions and Contract Law

Policy parts, duties, mortgagee rights, appraisal, endorsements, and subrogation

10 scored questions

Personal Casualty Policies and Related Terms

Personal auto liability, medical payments, physical damage, and covered autos

20 scored questions

Commercial Casualty Policies, Bonds, and Related Terms

CGL, commercial auto, garage, professional liability, bonds, umbrella, and excess

15 scored questions

Casualty Terms and Related Concepts

Negligence, occurrence, injury, limits, and certificates

9 scored questions

Casualty Policy Provisions and Contract Law

Duties, claims-made triggers, other insurance, and subrogation

How to Pass the OK Property & Casualty Exam

What You Need to Know

  • Passing score: 70%
  • Exam length: 155 questions
  • Time limit: 2 hours 30 minutes
  • Exam fee: $38 in the current OID/PSI bulletin

Keys to Passing

  • Work through all 434 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

OK Property & Casualty Study Tips from Top Performers

1Know auto minimums: 25/50/25 for bodily injury and property damage
2Understand Title 36: Oklahoma's Insurance Code governs all insurance regulation
3Master the 3-day rule: wait 3 business days after passing before applying
4Learn Guaranty Association: $300,000 per claim limit, funded by insurer assessments
5Oklahoma does not require pre-licensing education, but candidates should allocate study time based on their own readiness
6Study tornado/hail coverage: Oklahoma's severe weather creates special insurance considerations

Frequently Asked Questions

How many questions are on the Oklahoma P&C insurance exam?

The OK P&C exam has 150 scored questions plus 5 unscored pretest questions. PSI Services administers the exam with 2 hours 30 minutes total. You need 70% to pass (105 correct answers).

Does Oklahoma require pre-licensing education for P&C insurance?

No, Oklahoma does NOT require pre-licensing education for property and casualty insurance. However, the Oklahoma Insurance Department strongly recommends completing a study course to prepare for the licensing examination. Most candidates study 50-60 hours before taking the exam.

What are Oklahoma's auto insurance minimum requirements?

Oklahoma requires minimum liability coverage of $25,000 bodily injury per person, $50,000 bodily injury per accident, and $25,000 property damage (25/50/25). Drivers must carry proof of insurance at all times.

What is the Oklahoma P&C Insurance Guaranty Association?

The Oklahoma P&C Insurance Guaranty Association protects policyholders when an admitted insurer becomes insolvent. The Association covers claims up to $300,000 per claim. It is funded by assessments on member insurance companies.

How long must I wait after passing the exam to apply for my license?

Oklahoma law requires you to wait 3 business days after passing the licensing examination before applying for your license. After this waiting period, you can apply through the OID licensing portal at www.licensing.oid.ok.gov.

How soon can I retake a failed Oklahoma P&C producer exam?

OID/PSI allows unlimited attempts until passing and publishes no mandatory day-based waiting period. Results must process before another appointment can be made, so a candidate cannot rebook on the same calendar day; the next available appointment controls.