PROPERTY AND CASUALTY EXAMS SET
2026 PRACTICE QUESTIONS AND
ANSWERS FULL SOLUTION
●● fraud.
Answer: lie planned to trick others and make it leave other value
●● insolvency.
Answer: you can't pay your claim
●● mine subsidence.
Answer: damage to house (only) by cave in collapse of mine
●● negotiate.
Answer: talk with prospective client of set type of insurance about their
benefits
●● to negotiate you must be?.
Answer: Licensed
●● sell.
Answer: contract of insurance
,●● solicit.
Answer: try to sell insurance of any type
●● a nonresident agent.
Answer: does not live in Ohio
●● how can you be a nonresident agent.
Answer: submit the right application, be in good standing, have resident
license
●● how long do you have to notify of an address change?.
Answer: you have 30 days
●● when do you have to renew license by.
Answer: every other year on or before the last day of your birthday
month
●● how much is the fee to renew your license.
Answer: the fee is 25 dollars
●● how many hours of CE courses do you have to have to renew.
Answer: 24 hours, 3 ethics
,●● who proves you took CE.
Answer: you do
●● how do you get an extension on your renewal.
Answer: military, disability, education
●● late renewal.
Answer: within 2 months, pay 50 dollar late fee
●● can you suspend license for nonrenewal.
Answer: yes
●● if you want to change your insurance agent name you must do what
first.
Answer: notify the super of insurance
●● how long are temp licenses good for.
Answer: 180 days
●● how can you get temp license.
Answer: agent disabled or dies, give to next in line
, ●● you can go inactive with insurance but you must not.
Answer: go on to sell insurance
●● how long must you be out of duty for inactive.
Answer: 2 years
●● go back active after 2 years?.
Answer: notify super, pay 50 dollar fee
●● how can you get license taken away?.
Answer: Fraud, fail to submit papers in time, misrep, felony
●● violate law.
Answer: up to 25,000 fee with suspension
●● if you violate how long must you be out of business.
Answer: 5 years
●● what happens if you get a cease and desist.
Answer: you must stop business and have hearing
2026 PRACTICE QUESTIONS AND
ANSWERS FULL SOLUTION
●● fraud.
Answer: lie planned to trick others and make it leave other value
●● insolvency.
Answer: you can't pay your claim
●● mine subsidence.
Answer: damage to house (only) by cave in collapse of mine
●● negotiate.
Answer: talk with prospective client of set type of insurance about their
benefits
●● to negotiate you must be?.
Answer: Licensed
●● sell.
Answer: contract of insurance
,●● solicit.
Answer: try to sell insurance of any type
●● a nonresident agent.
Answer: does not live in Ohio
●● how can you be a nonresident agent.
Answer: submit the right application, be in good standing, have resident
license
●● how long do you have to notify of an address change?.
Answer: you have 30 days
●● when do you have to renew license by.
Answer: every other year on or before the last day of your birthday
month
●● how much is the fee to renew your license.
Answer: the fee is 25 dollars
●● how many hours of CE courses do you have to have to renew.
Answer: 24 hours, 3 ethics
,●● who proves you took CE.
Answer: you do
●● how do you get an extension on your renewal.
Answer: military, disability, education
●● late renewal.
Answer: within 2 months, pay 50 dollar late fee
●● can you suspend license for nonrenewal.
Answer: yes
●● if you want to change your insurance agent name you must do what
first.
Answer: notify the super of insurance
●● how long are temp licenses good for.
Answer: 180 days
●● how can you get temp license.
Answer: agent disabled or dies, give to next in line
, ●● you can go inactive with insurance but you must not.
Answer: go on to sell insurance
●● how long must you be out of duty for inactive.
Answer: 2 years
●● go back active after 2 years?.
Answer: notify super, pay 50 dollar fee
●● how can you get license taken away?.
Answer: Fraud, fail to submit papers in time, misrep, felony
●● violate law.
Answer: up to 25,000 fee with suspension
●● if you violate how long must you be out of business.
Answer: 5 years
●● what happens if you get a cease and desist.
Answer: you must stop business and have hearing
