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How Hard is the Property and Casualty License Exam?

By
December 20, 2023

pexels-vanessa-garcia-6326380The Property and Casualty (P&C) License Exam is a crucial step for those looking to become licensed professionals in the insurance field. This exam tests your knowledge and understanding of various insurance policies and regulations.

For a comprehensive overview of property and casualty insurance, be sure to check our Property and Casualty Insurance License and Career Outlook guide.

 

Is the Property and Casualty Exam Hard?

The difficulty of the Property and Casualty Exam varies for each individual, depending largely on their background knowledge and preparation. Generally, it’s considered challenging due to the extensive range of topics covered.

 

What is the Pass Rate for the Property and Casualty Insurance Test?

The pass rate for the Property and Casualty Insurance Exam typically ranges around 50-60%. This percentage can fluctuate based on the testing year and location. 

The right preparation can make all the difference: ExamFX candidates report a 93% overall licensing exam pass rate. Our pass rates reflect our comprehensive study programs and our commitment to helping you succeed.

What Is the Passing Score for Property and Casualty Exam?

The passing score for the Property and Casualty Exam varies by state but is generally set around 70%. Each state has its own regulatory body that determines the specific passing criteria. View state requirements here.

 

Property and Casualty License Exam Topics

The exam covers a broad spectrum of topics and is split into seven sections outlined below:

  1. Property and Casualty Insurance Basics and Common Policy Provisions
    Property and casualty insurance terms and definitions 
    Policy structure
    Common policy provisions

  2. Dwelling and Homeowners Policies
    General form structure
    Types of coverages
    Coverage conditions, exclusions, and selected endorsements

  3. Auto Insurance
    Key terms and definitions
    Types of auto
    Personal auto policy coverage parts
    Business auto coverage form

  4. Commercial Package Policies
    General form structure
    Coverage forms and their characteristics

  5. Commercial General Liability and Businessowners Coverages
    General form structure
    Coverage forms and their characteristics

  6. Other Types of Property and Liability Policies
    Inland Marine
    National Flood Insurance Program
    Umbrella and excess liability policies
    Professional liability
    Workers compensation and employers liability

  7. Applicable state regulations
    Producer licensing
    Enforcing insurance laws
    Unfair trade practices
    Regulations specific to Property and Casualty insurance

How Long is the Property and Casualty Test?

The length of the Property and Casualty Test typically ranges from 2 to 4 hours. The duration can vary based on the state and the specific format of the exam.

 

How Many Questions Are on the Property and Casualty Insurance Exam?

The number of questions on the Property and Casualty Insurance Exam generally falls between 100 to 150 questions. The exact number can vary by state and exam version.

 

Exam Tips and Study Guide for Property and Casualty Exam

Preparing effectively for the exam is key. Utilize study guides, practice tests, and flashcards to enhance your understanding and retention of the material.

 

For comprehensive study materials, check out the following resources:

Passing the Property and Casualty License Exam is a significant milestone on your path to a career in insurance. With the right preparation and resources, you can approach the exam with confidence and a clear understanding of what to expect.