The Property & Casualty Insurance License Exam offered by state licensing boards so successful candidates can become licensed Property & Casualty Insurance Sales Agents.
Each state handles tests like this licensing one differently. Some may charge more than others for registration. Some states may handle requests on a case by case basis, while others may have scheduled exam times and only allow people to test during that time frame. To find out your state’s exam times and registration information, visit your state board licensing website or call them to find out.
A candidate should attend the exam with a good deal of studying all ready done. For instance, they should know the eight main topics concerning property in detail.
* Insurance regulations and laws
* General insurance related knowledge
* Property insurance basics
* Homeowners
* Dwellings
* Commercial policies
* Business owners
* Different types of insurance coverage, like boat, earthquake, flood, etc.
The candidate should also be aware of insurance laws that only affect agents operating out of their state of licensing. Are there laws on your state’s books that affect how an insurance agent does their job? What ways can that information translate into a question on an exam?
Candidates should also have an understanding of common insurance practices, like underwriting, risk management, valuation of losses, and other provisions of the job. By understanding all eight of the aforementioned elements, a person can confidently sit for their state licensing board exam and likely pass upon their first attempt.
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