California Property and Casualty Insurance
Practice Exam | Questions with 100% Correct
Answers | Verified | Latest Update 2026
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Terms in this set (75)
Which of the following is TRUE 1. Any person who is unable to obtain basic
regarding who qualifies for coverage property insurance through normal channels.
under the California Fair Access to
Insurance Requirements plan?
1.
Any person who is unable to obtain
basic property insurance through
normal channels.
2.
Any person who qualifies will receive
superior coverage to other forms of
property insurance.
3.
Any person who does NOT have an
insurable interest in a property can
participate in the FAIR plan.
4.
Any person who qualifies will have
the inspection automatically waived
if they are a FAIR plan participant.
,A Special Surplus Line Broker is 3. transportation involving bridges and tunnels.
allowed to place coverage with a
non-admitted insurer for all the
following EXCEPT
1.
aircraft insurance.
2.
interstate commerce involving
railroads.
3.
transportation involving bridges and
tunnels.
4.
insurance against perils of navigation
for import and exporting of goods.
Which of the following is TRUE 1. The fees and process are the same as for a
regarding the application and personal lines licensee.
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 1. Any licensee shall satisfactorily complete 24
regarding continuing education hours of instruction prior to license renewal.
requirements of an agent or broker?
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 4. Eligible carriers do not need to file documents
regarding the List of Approved with the California Department of Insurance.
Surplus Lines Insurers?
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 4. Brush fire risk and inner city.
served by the 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.
Practice Exam | Questions with 100% Correct
Answers | Verified | Latest Update 2026
Save
Terms in this set (75)
Which of the following is TRUE 1. Any person who is unable to obtain basic
regarding who qualifies for coverage property insurance through normal channels.
under the California Fair Access to
Insurance Requirements plan?
1.
Any person who is unable to obtain
basic property insurance through
normal channels.
2.
Any person who qualifies will receive
superior coverage to other forms of
property insurance.
3.
Any person who does NOT have an
insurable interest in a property can
participate in the FAIR plan.
4.
Any person who qualifies will have
the inspection automatically waived
if they are a FAIR plan participant.
,A Special Surplus Line Broker is 3. transportation involving bridges and tunnels.
allowed to place coverage with a
non-admitted insurer for all the
following EXCEPT
1.
aircraft insurance.
2.
interstate commerce involving
railroads.
3.
transportation involving bridges and
tunnels.
4.
insurance against perils of navigation
for import and exporting of goods.
Which of the following is TRUE 1. The fees and process are the same as for a
regarding the application and personal lines licensee.
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 1. Any licensee shall satisfactorily complete 24
regarding continuing education hours of instruction prior to license renewal.
requirements of an agent or broker?
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 4. Eligible carriers do not need to file documents
regarding the List of Approved with the California Department of Insurance.
Surplus Lines Insurers?
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 4. Brush fire risk and inner city.
served by the 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.
