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Elite Training Academy
Virginia · Property & Casualty

Virginia Property & Casualty Exam Prep

Comprehensive exam prep for the Virginia Property & Casualty insurance licensing exam. Covers Property, Casualty, Personal Lines (Dwelling, Homeowners, Personal Auto) and Commercial Lines (CPP, BOP, Workers' Compensation), plus Virginia-specific statutes (Va. Code §38.2 / §65.2). Exam-prep only — does not fulfill state pre-licensing education requirements where applicable.

10
Sections
66
Lessons
500+
Practice questions
70%
Passing score

What you'll learn

Every section below is aligned with the Virginia content outline.

Section 1
I. Insurance Regulation
5 lessons
+
  • Licensing — producer types, process, and qualifications
  • License maintenance — duration, termination, changes, CE
  • Unfair methods of competition and unfair/deceptive acts and practices
  • State regulation — SCC powers, agent regulation, fiduciary duties
  • Federal regulation — FCRA, fraud and false statements
Section 2
II. General Insurance
6 lessons
+
  • Insurance fundamentals — risk, exposure, hazard, peril, loss
  • Risk, Hazard, and Peril — Risk Management Techniques
  • Insurance Fundamentals — Law of Large Numbers, Insurable Interest, Risk Transfer
  • Insurance Fundamentals — Law of Large Numbers, Insurable Interest, Risk Transfer
  • Types of insurers and distribution systems
  • Insurance contracts — elements, characteristics, and legal interpretations
Section 3
III. Property and Casualty Insurance Basics
7 lessons
+
  • Loss and Valuation — Direct vs. Indirect Loss, ACV, Replacement Cost, Agreed Value, Salvage
  • Risk, Hazard, and Peril — Risk Management Techniques
  • Coinsurance, Insurance-to-Value, and Occurrence
  • Policy Structure — Declarations, Insuring Agreement, Conditions, Exclusions
  • Definition of the Insured; Duties of the Insured; Obligations of the Insurance Company
  • Other-Insurance Provisions and Subrogation
  • Virginia P&C Guaranty Association, cancellation/nonrenewal, and binders
Section 4
IV. Dwelling Policy
6 lessons
+
  • Dwelling Forms — DP-1, DP-2, DP-3
  • When to use a DP — eligibility and purpose
  • DP-1, DP-2, DP-3 — coverage forms and perils
  • DP property coverages — A, B, C, D, and E
  • DP other coverages, exclusions, conditions, and the personal liability supplement
  • Virginia-specific endorsements and common DP riders
Section 5
V. Homeowners Policy
9 lessons
+
  • Homeowners Forms — HO-2, HO-3, HO-4, HO-5, HO-6, HO-8
  • HO Section I property coverages — A, B, C, and D
  • HO Section II liability coverages — E and F
  • HO perils by form — HO-2, HO-3, HO-5, HO-6, HO-8
  • HO Section I additional coverages
  • HO Section II additional coverages
  • HO conditions and exclusions
  • Mobile home, farm, and related dwelling policies
  • Key HO endorsements
Section 6
VI. Auto Insurance
9 lessons
+
  • Virginia Motor Vehicle Financial Responsibility Law and required limits
  • Virginia Automobile Insurance Plan (assigned risk)
  • Virginia uninsured and underinsured motorist coverage
  • Personal Auto Policy structure — definitions, parts A through F
  • PAP Part A — Liability Coverage
  • PAP Part B — Medical Payments Coverage
  • PAP Part C — Uninsured/Underinsured Motorists Coverage (Generic Form)
  • PAP Part D — Coverage for Damage to Your Auto
  • PAP Part E Duties After an Accident, Part F General Provisions, and Termination
Section 7
VII. Commercial Package Policy (CPP)
9 lessons
+
  • CPP — structure, eligibility, and common policy conditions
  • Commercial General Liability — coverages, occurrence vs. claims-made
  • Commercial property — coverage forms, causes of loss, business income
  • Commercial crime — coverages, definitions, discovery vs. loss-sustained
  • Business Auto Coverage Form (CA 00 01) and the Symbol System
  • Equipment Breakdown (Boiler & Machinery)
  • Commercial Inland Marine — Floaters for the Property Standard Form Won't Cover
  • Common Policy Conditions and Standard Commercial Endorsements
  • Virginia Commercial Cancellation and Nonrenewal — §38.2-231
Section 8
VIII. Businessowners Policy (BOP)
6 lessons
+
  • Businessowners Policy — characteristics, sections, and eligibility
  • BOP eligibility — who can buy a BOP and who can't
  • BOP Section I — Property Coverage
  • BOP Section II — Liability and Medical Expenses
  • BOP Common Conditions and Major Exclusions
  • Key BOP Endorsements and When to Move to a CPP
Section 9
IX. Workers Compensation Insurance
2 lessons
+
  • Virginia Workers' Compensation — coverage, benefits, and the VWCC
  • Virginia WC benefits in detail — TTD, TPD, PPD, PTD, death benefits
Section 10
X. Other Coverages and Options
7 lessons
+
  • Umbrella and excess liability — personal and commercial
  • Specialty liability — professional liability, E&O, fiduciary, liquor
  • Virginia surplus lines — definitions, markets, and licensing requirements
  • Surety bonds — principal, obligee, surety; contract, license, judicial bonds
  • Business management liability — Directors & Officers (D&O) and EPL
  • National Flood Insurance Program (NFIP)
  • Virginia Property Insurance Association (FAIR Plan)

How it works

1

Enroll

One-time payment of $49.99. Secure checkout powered by Stripe.

2

Study on your schedule

Read the lesson library, take section quizzes, and work through the practice-question bank as many times as you need.

3

Pass the real exam

Take the official Virginia exam with confidence. Most students finish the course in 2–4 weeks of casual study.

FAQ

Do I need a state-approved pre-licensing course?+
Most states — including Virginia for the P&C producer license — let candidates study independently and sit for the exam without formal PLE. About 17 states do require state-approved PLE; in those states you'd need to take a separate PLE course in addition to this exam prep. Check your state's Department of Insurance for specific rules.
How does my access work?+
After purchase, you're enrolled immediately. Log in at any time from any device — laptop, tablet, or phone. Your progress syncs automatically. Access doesn't expire.
What if I fail the real exam?+
Retake the real exam through your state's exam vendor (typically Pearson VUE or PSI). Pay the exam fee again, schedule, and sit again. Your course stays with you the whole time — review the sections you missed and try again. If the course itself disappoints, contact us within 7 days of purchase for a full refund.
Is this course approved by the state?+
For exam prep in states that don't require state-approved pre-licensing education, no provider approval is required — and that's exactly what this course delivers. We do have CE filings pending with the Texas and South Carolina Departments of Insurance; CE bundles publish once those approvals are issued. Course-by-course status for your specific state is listed in the badge above.
Can I get a refund?+
Yes. Within 7 days of purchase and before you've completed more than 25% of the course or started the final exam, you can request a full refund. Email support@theelitecompany.com with your order number. Refunds process to the original payment method within 5–10 business days.

Ready to start studying?

Enroll once, keep access forever, pass your exam with confidence.

$49.99 · 7-day money-back · Lifetime access