Texas P&C Insurance Skills Measured

Expect foundational questions about risk, hazards, perils, loss, insurable interest, indemnity, subrogation, concealment, warranties, representations, and policy provisions. A scenario may look like a vocabulary question, but the real test is whether you know which concept changes coverage: a moral hazard is not a peril, an exclusion is not a condition, and subrogation is not the insured’s right to recover twice.

Property questions can involve homeowners, dwelling, commercial property, inland marine, flood, earthquake, mobile homes, and other forms listed in the official outline. Reason through what property is covered, where the property is located, what caused the loss, whether the form is named-peril or open-peril, and whether settlement uses actual cash value, replacement cost, agreed value, or another valuation basis.

Homeowners, dwelling, renters, condo, and personal auto questions often test fine distinctions. Theft may be covered but subject to a special limit; a detached structure may be covered differently than personal property; collision and other-than-collision are not the same; uninsured motorist, underinsured motorist, medical payments, liability, and physical damage protect different interests.

Commercial property, businessowners policies, commercial general liability, business auto, crime, bonds, and workers compensation concepts require business-context reasoning. CGL questions commonly separate bodily injury, property damage, personal and advertising injury, products, completed operations, and premises exposure. A BOP question may combine property and liability features but still requires you to identify the specific coverage part being tested.

Claims questions often turn on what must happen after a loss. Notice of claim, proof of loss, appraisal, other insurance, cancellation, nonrenewal, mortgagee rights, vacancy, deductibles, limits, and settlement provisions can all change the outcome. If a scenario gives a covered loss but the insured failed a duty, do not answer as if coverage is automatic.

The state-specific outline includes common Texas statutes and rules, agent duties, unfair practices, advertising, misrepresentation, rebating, discrimination, fraud, rate and form topics, auto rules, workers compensation, guaranty association concepts, and other Texas property and casualty topics. When a question names a producer action, a notice rule, a state program, or a prohibited practice, answer from the Texas rule rather than from a generic coverage concept.