CA Property & Casualty
Insurance Practice Exam
2026 | Questions, Answers
& Study Guide
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success|
Updated 2026 Questions and Answers
100% Verified Exam Prep and Comprehensive
Rationales
Included
,Which of the following is TRUE regarding the application 1. The fees and process are the same as for a personal lines licensee.
and renewal of the limited lines automobile insurance
agent license?
1.
The fees and process are the same as for a personal lines
licensee.
2.
There are no fees for filing the application or renewal
applications for the license.
3.
The limited lines agent is ineligible to become a property
or casualty broker-agent.
4.
The agent must pass an examination on the insurance
code and products, but not ethics.
Which of the following is TRUE regarding continuing 1. Any licensee shall satisfactorily complete 24 hours of instruction prior to license
education requirements of an agent or broker? renewal.
1.
Any licensee shall satisfactorily complete 24 hours of
instruction prior to license renewal.
2.
Any licensee in good standing for 10 years may apply for
exemption to the continuing education requirement if
reputation has been proven.
3.
An agent or broker licensed in life and health requires
more continuing education hours than an agent or broker
licensed in property and casualty.
4.
A licensee who is 65 years or older shall be exempt from
continuing education hours if reputation of agent or
broker is in good standing for 25 years.
Which is an ACCURATE statement regarding the List of 4. Eligible carriers do not need to file documents with the California Department
Approved Surplus Lines Insurers? of Insurance.
1.
Participation in LASLI is mandatory and all approved non
admitted insurers are on the list.
2.
Surplus lines insurers that are not on the list are
unapproved for broker use.
3.
The same rules apply for U.S. domiciled and non U.S.
domiciled carriers.
4.
Eligible carriers do not need to file documents with the
California Department of Insurance.
, What 2 different types of areas are served by the 4. Brush fire risk and inner city.
California Fair Access to Insurance Responsibilities plan?
1.
Poor and alien.
2.
Earthquake prone and rural.
3.
War zones and high crime.
4.
Brush fire risk and inner city.
Except in a case where the property is being held as a 4. The extent to which the insured would be damnified by loss or injury to the
carrier or depository, what is the insurable interest is property.
measured by?
1.
The size of the premium.
2.
Fair market value of the property.
3.
The contingent or expectant value to the insured.
4.
The extent to which the insured would be damnified by
loss or injury to the property.
ALL of the following are examples of open policies 2. agreed value.
EXCEPT
1.
market value.
2.
agreed value.
3.
actual cash value.
4.
replacement value.
It is unlawful to do any of the following EXCEPT 3. make or cause to made a knowingly false or fraudulent or material
1. representation for the purpose of encouraging an injured worker to claim
knowingly assist, abet, conspire with, or solicit a person in benefits.
an unlawful act under this section of the insurance code.
2.
make or cause to made a knowingly false or fraudulent or
material representation for the purpose of obtaining or
denying any compensation.
3.
make or cause to made a knowingly false or fraudulent or
material representation for the purpose of encouraging
an injured worker to claim benefits.
4.
present or cause to be presented a knowingly false or
fraudulent written or oral material statement in support
of, or in opposition to, a claim for compensation.
Insurance Practice Exam
2026 | Questions, Answers
& Study Guide
|Graded A+ | Guaranteed
success|
Updated 2026 Questions and Answers
100% Verified Exam Prep and Comprehensive
Rationales
Included
,Which of the following is TRUE regarding the application 1. The fees and process are the same as for a personal lines licensee.
and renewal of the limited lines automobile insurance
agent license?
1.
The fees and process are the same as for a personal lines
licensee.
2.
There are no fees for filing the application or renewal
applications for the license.
3.
The limited lines agent is ineligible to become a property
or casualty broker-agent.
4.
The agent must pass an examination on the insurance
code and products, but not ethics.
Which of the following is TRUE regarding continuing 1. Any licensee shall satisfactorily complete 24 hours of instruction prior to license
education requirements of an agent or broker? renewal.
1.
Any licensee shall satisfactorily complete 24 hours of
instruction prior to license renewal.
2.
Any licensee in good standing for 10 years may apply for
exemption to the continuing education requirement if
reputation has been proven.
3.
An agent or broker licensed in life and health requires
more continuing education hours than an agent or broker
licensed in property and casualty.
4.
A licensee who is 65 years or older shall be exempt from
continuing education hours if reputation of agent or
broker is in good standing for 25 years.
Which is an ACCURATE statement regarding the List of 4. Eligible carriers do not need to file documents with the California Department
Approved Surplus Lines Insurers? of Insurance.
1.
Participation in LASLI is mandatory and all approved non
admitted insurers are on the list.
2.
Surplus lines insurers that are not on the list are
unapproved for broker use.
3.
The same rules apply for U.S. domiciled and non U.S.
domiciled carriers.
4.
Eligible carriers do not need to file documents with the
California Department of Insurance.
, What 2 different types of areas are served by the 4. Brush fire risk and inner city.
California Fair Access to Insurance Responsibilities plan?
1.
Poor and alien.
2.
Earthquake prone and rural.
3.
War zones and high crime.
4.
Brush fire risk and inner city.
Except in a case where the property is being held as a 4. The extent to which the insured would be damnified by loss or injury to the
carrier or depository, what is the insurable interest is property.
measured by?
1.
The size of the premium.
2.
Fair market value of the property.
3.
The contingent or expectant value to the insured.
4.
The extent to which the insured would be damnified by
loss or injury to the property.
ALL of the following are examples of open policies 2. agreed value.
EXCEPT
1.
market value.
2.
agreed value.
3.
actual cash value.
4.
replacement value.
It is unlawful to do any of the following EXCEPT 3. make or cause to made a knowingly false or fraudulent or material
1. representation for the purpose of encouraging an injured worker to claim
knowingly assist, abet, conspire with, or solicit a person in benefits.
an unlawful act under this section of the insurance code.
2.
make or cause to made a knowingly false or fraudulent or
material representation for the purpose of obtaining or
denying any compensation.
3.
make or cause to made a knowingly false or fraudulent or
material representation for the purpose of encouraging
an injured worker to claim benefits.
4.
present or cause to be presented a knowingly false or
fraudulent written or oral material statement in support
of, or in opposition to, a claim for compensation.
