California Producer Licensing Law — California Insurance Law — Property & Casualty Practice Test
40 questions in this topic · 30 drawn at random this round
Transacting insurance in California without a valid license is:
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This California Insurance Law — Property & Casualty California Producer Licensing Law practice set has 40 practice questions based on the official exam materials, each with an instant explanation.
Sample questions
Three questions from the California Producer Licensing Law bank with the correct answer and an explanation. The practice quiz above draws 30 questions at random from the same bank.
In California, a property broker-agent license entitles the licensee to transact insurance coverage on:
- Direct or consequential loss or damage to property of every kind — Correct answer
- Legal liability for bodily injury to others only
- Life and disability income only
- Surety and fidelity bonds only
Explanation: A property broker-agent license entitles the licensee to transact coverage on the direct or consequential loss or damage to property of every kind. (Cal. Ins. Code §1625(b))
Handbook: California Producer Licensing Law — License Classes
A California casualty broker-agent license entitles the licensee to transact coverage against:
- Legal liability, including for death, injury, disability, or damage to property — Correct answer
- Direct fire loss to a dwelling only
- Ocean marine cargo only
- Title defects only
Explanation: A casualty broker-agent license entitles the licensee to transact insurance against legal liability, including that for death, injury, disability, or damage to real or personal property. (Cal. Ins. Code §1625(c))
Handbook: California Producer Licensing Law — License Classes
Under California law, a property or casualty licensee is a person authorized to act as an:
- Insurance agent, broker, or solicitor — Correct answer
- Insurance company actuary
- Adjuster only
- Underwriter only
Explanation: A property or casualty licensee is a person authorized to act as an insurance agent, broker, or solicitor. (Cal. Ins. Code §1625(a))
Handbook: California Producer Licensing Law — Licensee Defined