PROPERTY AND CASUALTY INSURANCE EXAM
PREP STUDY GUIDE 2025 FULL QUESTIONS
WITH VERIFIED ELABORATED ANSWERS
GRADED A+
◉ Mini-Tail or Extended. Page 60. Answer: B. 60 Days after expiration
date
◉ Not an exclusion under auto physical damage selection. Page 28.
Answer: C. Carpools
◉ Not a covered territory in the personal auto policy. Page 25. Answer:
C. Mexico
◉ Which is covered under other than collision section of your auto
policy. Page 26. Answer: A. Hail damage to your car
◉ Nationwide Marine Define classifies risks can be written. Page 95.
Answer: B. Inland marine form
◉ Assignment provision of policy to another person without written
consent
page 51. Answer: A. Get permission from insurance
, ◉ Not something of value exchanged policy. Page 13. Answer: D.
Application given to prospective insured
◉ The following are insured under auto policy EXCEPT. Page 38.
Answer: B. Spouse of name insured NOT living in household
◉ Occurrence form trigger based on. Page 17. Answer: D. Date injury
occurs
◉ Maximum coverage bodily injury offered by NJ Full Insurance
Underwriting Association. Page 55. Answer: D. $500,000.00
◉ Duties of insurer include all of the following EXCEPT. Answer: B.
Notify the insured if financial difficulty
◉ List of lines or classes of insurance for there exists no reasonable
market among authorized insurers in the state. Page 61. Answer: A.
Exportable List
◉ Which of the following best describes an insurance company that has
been formed in home state? Page 99. Answer: Domestic
◉ Maximum penalty for the 1st violation of insurance law.
PREP STUDY GUIDE 2025 FULL QUESTIONS
WITH VERIFIED ELABORATED ANSWERS
GRADED A+
◉ Mini-Tail or Extended. Page 60. Answer: B. 60 Days after expiration
date
◉ Not an exclusion under auto physical damage selection. Page 28.
Answer: C. Carpools
◉ Not a covered territory in the personal auto policy. Page 25. Answer:
C. Mexico
◉ Which is covered under other than collision section of your auto
policy. Page 26. Answer: A. Hail damage to your car
◉ Nationwide Marine Define classifies risks can be written. Page 95.
Answer: B. Inland marine form
◉ Assignment provision of policy to another person without written
consent
page 51. Answer: A. Get permission from insurance
, ◉ Not something of value exchanged policy. Page 13. Answer: D.
Application given to prospective insured
◉ The following are insured under auto policy EXCEPT. Page 38.
Answer: B. Spouse of name insured NOT living in household
◉ Occurrence form trigger based on. Page 17. Answer: D. Date injury
occurs
◉ Maximum coverage bodily injury offered by NJ Full Insurance
Underwriting Association. Page 55. Answer: D. $500,000.00
◉ Duties of insurer include all of the following EXCEPT. Answer: B.
Notify the insured if financial difficulty
◉ List of lines or classes of insurance for there exists no reasonable
market among authorized insurers in the state. Page 61. Answer: A.
Exportable List
◉ Which of the following best describes an insurance company that has
been formed in home state? Page 99. Answer: Domestic
◉ Maximum penalty for the 1st violation of insurance law.
