FLORIDA 2-20 GENERAL LINES (PROPERTY &
CASUALTY) AGENT LICENSE EXAM COMPLETE 250
QUESTIONS WITH 100% VERIFIED ANSWERS AND
DETAILED EXPLANATIONS
Section 1 Florida Statutes and Regulations 40 Questions
Question 1
Within how many days must an appointed agent notify the DFS of a
change of address
A 10 days
B 20 days
C 30 days
D 45 days
Answer C
Explanation Florida law requires licensed agents to notify the
Department of Financial Services of any change of residence or business
address within 30 days to maintain accurate records.
Question 2
What is the maximum administrative fine the Florida DFS can impose
per violation against an agent
A 1000 dollars
B 2500 dollars
,C 5000 dollars
D 10000 dollars
Answer C
Explanation The Department of Financial Services can fine an agent up
to 5000 dollars per violation under Florida Statute 626.9521, depending
on the severity and willfulness of the act.
Question 3
How often must a Florida 2 20 license be renewed
A Every 1 year
B Every 2 years
C Every 3 years
D Every 4 years
Answer B
Explanation The Florida 2 20 General Lines license is renewed biennially,
every 2 years, with continuing education required before each renewal.
Question 4
What is the minimum number of continuing education hours required
for each renewal period for a 2 20 agent
A 10 hours
B 15 hours
C 20 hours
D 24 hours
Answer D
Explanation A 2 20 agent must complete 24 continuing education hours
each biennial renewal period, including 3 hours of ethics and 3 hours of
Florida law update.
Question 5
,How many of the 24 continuing education hours must be specifically in
ethics A 1 hour
B 2 hours C
3 hours
D 5 hours
Answer C
Explanation Florida requires 3 hours of ethics continuing education per
renewal period to ensure agents maintain professional standards.
Question 6
An agent who fails to complete continuing education by the renewal
deadline will have their license placed in what status
A Active
B Inactive
C Suspended
D Revoked
Answer B
Explanation Failure to complete CE results in involuntary inactive status.
The agent cannot transact insurance until CE is completed and a
reinstatement fee is paid.
Question 7
What is the maximum time an agent can remain on inactive status
before the license is voided
A 6 months
B 12 months
C 24 months
D 48 months
, Answer C
Explanation A license becomes void after 24 continuous months on
inactive status, requiring the agent to reapply and retake the licensing
exam.
Question 8
Within how many days of appointment must an agent notify the DFS of
any criminal conviction
A 10 days
B 15 days
C 30 days
D 60 days
Answer C
Explanation Florida law requires agents to report any criminal
conviction, other than minor traffic violations, within 30 days of the
conviction.
Question 9
Which entity is responsible for issuing and regulating insurance agent
licenses in Florida
A Florida Department of Insurance
B Florida Department of Financial Services
C Florida Office of Insurance Regulation
D Florida Insurance Guaranty Association
Answer B
Explanation The Florida Department of Financial Services (DFS) issues
and regulates agent licenses. The Office of Insurance Regulation
primarily regulates insurers themselves.
Question 10
CASUALTY) AGENT LICENSE EXAM COMPLETE 250
QUESTIONS WITH 100% VERIFIED ANSWERS AND
DETAILED EXPLANATIONS
Section 1 Florida Statutes and Regulations 40 Questions
Question 1
Within how many days must an appointed agent notify the DFS of a
change of address
A 10 days
B 20 days
C 30 days
D 45 days
Answer C
Explanation Florida law requires licensed agents to notify the
Department of Financial Services of any change of residence or business
address within 30 days to maintain accurate records.
Question 2
What is the maximum administrative fine the Florida DFS can impose
per violation against an agent
A 1000 dollars
B 2500 dollars
,C 5000 dollars
D 10000 dollars
Answer C
Explanation The Department of Financial Services can fine an agent up
to 5000 dollars per violation under Florida Statute 626.9521, depending
on the severity and willfulness of the act.
Question 3
How often must a Florida 2 20 license be renewed
A Every 1 year
B Every 2 years
C Every 3 years
D Every 4 years
Answer B
Explanation The Florida 2 20 General Lines license is renewed biennially,
every 2 years, with continuing education required before each renewal.
Question 4
What is the minimum number of continuing education hours required
for each renewal period for a 2 20 agent
A 10 hours
B 15 hours
C 20 hours
D 24 hours
Answer D
Explanation A 2 20 agent must complete 24 continuing education hours
each biennial renewal period, including 3 hours of ethics and 3 hours of
Florida law update.
Question 5
,How many of the 24 continuing education hours must be specifically in
ethics A 1 hour
B 2 hours C
3 hours
D 5 hours
Answer C
Explanation Florida requires 3 hours of ethics continuing education per
renewal period to ensure agents maintain professional standards.
Question 6
An agent who fails to complete continuing education by the renewal
deadline will have their license placed in what status
A Active
B Inactive
C Suspended
D Revoked
Answer B
Explanation Failure to complete CE results in involuntary inactive status.
The agent cannot transact insurance until CE is completed and a
reinstatement fee is paid.
Question 7
What is the maximum time an agent can remain on inactive status
before the license is voided
A 6 months
B 12 months
C 24 months
D 48 months
, Answer C
Explanation A license becomes void after 24 continuous months on
inactive status, requiring the agent to reapply and retake the licensing
exam.
Question 8
Within how many days of appointment must an agent notify the DFS of
any criminal conviction
A 10 days
B 15 days
C 30 days
D 60 days
Answer C
Explanation Florida law requires agents to report any criminal
conviction, other than minor traffic violations, within 30 days of the
conviction.
Question 9
Which entity is responsible for issuing and regulating insurance agent
licenses in Florida
A Florida Department of Insurance
B Florida Department of Financial Services
C Florida Office of Insurance Regulation
D Florida Insurance Guaranty Association
Answer B
Explanation The Florida Department of Financial Services (DFS) issues
and regulates agent licenses. The Office of Insurance Regulation
primarily regulates insurers themselves.
Question 10
