WEST VIRGINIA INSURANCE LAW
EXAM STUDY GUIDE WITH
ACCURATE ANSWERS 2026
COMPLETE REVIEW PACKAGE
◉ A requirement for eligibility for approval to the WV auto Insurance
Plan
Answer: The applicant must have been rejected for auto ins. in the
voluntary market within the last 60 days
◉ Workers Comp. is
Answer: funded by the premium taxes for government agencies
◉ Property and Casualty Insurance Guaranty Association does not have
to maintain
Answer: Homeowners Insurance
◉ Within how many days does the Commissioner have to notify the
guarantee Association of the extent of an insolvent insurer
Answer: 3 days
◉ Reciprocity
Answer: occurs when the state in which the person resides accords to the
same privilege to residents of WV
EXAM STUDY GUIDE WITH
ACCURATE ANSWERS 2026
COMPLETE REVIEW PACKAGE
◉ A requirement for eligibility for approval to the WV auto Insurance
Plan
Answer: The applicant must have been rejected for auto ins. in the
voluntary market within the last 60 days
◉ Workers Comp. is
Answer: funded by the premium taxes for government agencies
◉ Property and Casualty Insurance Guaranty Association does not have
to maintain
Answer: Homeowners Insurance
◉ Within how many days does the Commissioner have to notify the
guarantee Association of the extent of an insolvent insurer
Answer: 3 days
◉ Reciprocity
Answer: occurs when the state in which the person resides accords to the
same privilege to residents of WV