WASHINGTON STATE PROPERTY & CASUALTY
INSURANCE EXAM NEWEST 2025/2026 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS ALREADY GRADED A+ / WASHINGTON
STATE PROPERTY & CASUALTY INSURANCE ACTUAL
EXAM (BRAND NEW)
Authorized Insurer - ✔✔✔ Correct Answer > An insurer that has qualified and
received a Certificate of Authority from the Department of Insurance to transact
insurance in the state.
Contact adhesion - ✔✔✔ Correct Answer > the accepter of the contract must
"adhere" to the written contract
inducement - ✔✔✔ Correct Answer > An action aimed at persuading
insolvent - ✔✔✔ Correct Answer > Bankrupt; unable to pay debts.
Transacting Insurance - ✔✔✔ Correct Answer > Conducting insurance business,
such as soliciting or negotiating to buy or sell an insurance policy.
Unauthorized Insurer - ✔✔✔ Correct Answer > Is held personally liable. Each
violation is separate and can result in suspension, revocation of license, and a min
fine of $25,000. (Class B Felony)
,When would a commissioner order a replacement policy? - ✔✔✔ Correct Answer
> When a unauthorized insurer improperly placed a policy. Would be replaced by
a policy with a legal insurer.
Surplus Lines - ✔✔✔ Correct Answer > Insurance that is not available or offered in
the regular marketplace from admitted insurers.
Insurance Commissioner (IOC) - ✔✔✔ Correct Answer > State elected term of 4
years.
insurance Commissioner duties - ✔✔✔ Correct Answer > -Protects the Public
from unfair trade practices
- Examinations/investigations
- Hearings
- Cease and Desist orders
- Public information
- Appoints Dep. Chief Commissioner
-
How often must the Insurance Commissioner examine companies? - ✔✔✔
Correct Answer > As often as deemed necessary, but MUST be done every 5 years
Receiving Written Notice from Commissioner - ✔✔✔ Correct Answer > the person
must respond within 90 days. if not made the request is considered waved.
,Notice of Hearing - ✔✔✔ Correct Answer > - must state grounds of hearing (can
be written demand by aggrieved person)
- Right to request administrative law judge
Licence Suspension Hearing - ✔✔✔ Correct Answer > Commissioner must hold a
hearing within 90 days.
Insurance Producer - ✔✔✔ Correct Answer > A person required to be licensed
under the laws of this state to sell, solicit, or negotiate insurance.
- Must be 18+
- has not had a license denied, suspended, or revoked
- completed Pre-licensing/ exams
- paid fee(s)
- Fingerprinted/ background check
FINRA (Financial Industry Regulatory Authority) - ✔✔✔ Correct Answer > solicits
licences for variable life and variable annuity
Temporary Insurance Producers Licence - ✔✔✔ Correct Answer > Commissioner
may issue temp. license for a max of 180 days. usually in event of producers
recovery, sale of a business, training and licencing of new personal to operate a
business.
Non-Resident Producer - ✔✔✔ Correct Answer > a producer who lives (domicile)
and conducts business from another state other than Washington. Will receive a
non resident producers license.
, When is a insurance license exempt? - ✔✔✔ Correct Answer > When they work at
a company or themself but do not conduct the solicitation, sale, negotiation of
insurance.
Appointing a insurance producer - ✔✔✔ Correct Answer > - notice of
appointment within 15 days
- Commissioner will verify within 15 days
- if deemed ineligible commissioner will notify within 10 days
If approved it must e renewed every 2 years, and will receive notice within 60
days of the renewal date.
Business Entity Affiliates - ✔✔✔ Correct Answer > A business must have AT LEAST
1 affiliated individual licence to transact insurance
If business Entity Affiliate is terminated - ✔✔✔ Correct Answer > The
commissioner must receive notice within 30 days of termination.
Renewal - ✔✔✔ Correct Answer > The initial licenses are valid from the date that
they are issued until the last day of the licensee's birth month.
Renewal Fees for Licences - ✔✔✔ Correct Answer > (Every 2 years)
Producer- $55
Limited insurance- $20
Surplus lines broker- $20
Ajuster- $50
INSURANCE EXAM NEWEST 2025/2026 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS ALREADY GRADED A+ / WASHINGTON
STATE PROPERTY & CASUALTY INSURANCE ACTUAL
EXAM (BRAND NEW)
Authorized Insurer - ✔✔✔ Correct Answer > An insurer that has qualified and
received a Certificate of Authority from the Department of Insurance to transact
insurance in the state.
Contact adhesion - ✔✔✔ Correct Answer > the accepter of the contract must
"adhere" to the written contract
inducement - ✔✔✔ Correct Answer > An action aimed at persuading
insolvent - ✔✔✔ Correct Answer > Bankrupt; unable to pay debts.
Transacting Insurance - ✔✔✔ Correct Answer > Conducting insurance business,
such as soliciting or negotiating to buy or sell an insurance policy.
Unauthorized Insurer - ✔✔✔ Correct Answer > Is held personally liable. Each
violation is separate and can result in suspension, revocation of license, and a min
fine of $25,000. (Class B Felony)
,When would a commissioner order a replacement policy? - ✔✔✔ Correct Answer
> When a unauthorized insurer improperly placed a policy. Would be replaced by
a policy with a legal insurer.
Surplus Lines - ✔✔✔ Correct Answer > Insurance that is not available or offered in
the regular marketplace from admitted insurers.
Insurance Commissioner (IOC) - ✔✔✔ Correct Answer > State elected term of 4
years.
insurance Commissioner duties - ✔✔✔ Correct Answer > -Protects the Public
from unfair trade practices
- Examinations/investigations
- Hearings
- Cease and Desist orders
- Public information
- Appoints Dep. Chief Commissioner
-
How often must the Insurance Commissioner examine companies? - ✔✔✔
Correct Answer > As often as deemed necessary, but MUST be done every 5 years
Receiving Written Notice from Commissioner - ✔✔✔ Correct Answer > the person
must respond within 90 days. if not made the request is considered waved.
,Notice of Hearing - ✔✔✔ Correct Answer > - must state grounds of hearing (can
be written demand by aggrieved person)
- Right to request administrative law judge
Licence Suspension Hearing - ✔✔✔ Correct Answer > Commissioner must hold a
hearing within 90 days.
Insurance Producer - ✔✔✔ Correct Answer > A person required to be licensed
under the laws of this state to sell, solicit, or negotiate insurance.
- Must be 18+
- has not had a license denied, suspended, or revoked
- completed Pre-licensing/ exams
- paid fee(s)
- Fingerprinted/ background check
FINRA (Financial Industry Regulatory Authority) - ✔✔✔ Correct Answer > solicits
licences for variable life and variable annuity
Temporary Insurance Producers Licence - ✔✔✔ Correct Answer > Commissioner
may issue temp. license for a max of 180 days. usually in event of producers
recovery, sale of a business, training and licencing of new personal to operate a
business.
Non-Resident Producer - ✔✔✔ Correct Answer > a producer who lives (domicile)
and conducts business from another state other than Washington. Will receive a
non resident producers license.
, When is a insurance license exempt? - ✔✔✔ Correct Answer > When they work at
a company or themself but do not conduct the solicitation, sale, negotiation of
insurance.
Appointing a insurance producer - ✔✔✔ Correct Answer > - notice of
appointment within 15 days
- Commissioner will verify within 15 days
- if deemed ineligible commissioner will notify within 10 days
If approved it must e renewed every 2 years, and will receive notice within 60
days of the renewal date.
Business Entity Affiliates - ✔✔✔ Correct Answer > A business must have AT LEAST
1 affiliated individual licence to transact insurance
If business Entity Affiliate is terminated - ✔✔✔ Correct Answer > The
commissioner must receive notice within 30 days of termination.
Renewal - ✔✔✔ Correct Answer > The initial licenses are valid from the date that
they are issued until the last day of the licensee's birth month.
Renewal Fees for Licences - ✔✔✔ Correct Answer > (Every 2 years)
Producer- $55
Limited insurance- $20
Surplus lines broker- $20
Ajuster- $50
