Vermont Insurance Producer - Casualty - Exam Prep
Self-paced exam-prep course for the Vermont Casualty insurance producer license exam. Vermont does not require state-approved pre-licensing education — candidates pass the state exam, complete fingerprinting, and submit a license application. This product is exam preparation only.
Vermont Producer's Examination for Casualty Insurance (14-42), 100 scored questions, 120 minutes, administered by Prometric
Vermont also publishes a single COMBINED Property and Casualty paper (14-31), at 150 scored questions, which covers both lines in one sitting. This course prepares you for the Casualty paper only. If you have booked the combined exam instead, the Property and Casualty course is the one built to it.
What you'll learn
Every section below is aligned with the Vermont content outline.
Section 1I. Casualty: Vermont Insurance Regulation7 lessons+
- Vermont producer licensing - the process, the licence types and who must hold one
- Keeping a Vermont licence - renewal, expiration, address change, assumed names, reporting and CE
- Vermont disciplinary actions - denial, cease and desist, suspension, revocation and penalties
- The Commissioner's powers and Vermont company regulation
- Vermont producer regulation - appointment, termination, commissions, trust accounts and controlled business
- Vermont unfair methods of competition and unfair or deceptive acts
- Federal regulation reaching a Vermont producer - FCRA and 18 U.S.C. §§1033-1034
Section 2II. Casualty: General Insurance6 lessons+
- Risk management key terms and the five methods of handling risk
- Elements of an insurable risk, adverse selection, the law of large numbers and reinsurance
- Types of insurers - stock, mutual, fraternal, Lloyd's associations, risk retention groups and captives
- Private versus government, admitted versus nonadmitted, domestic, foreign and alien; financial rating services
- Marketing and distribution systems; producers and the general rules of agency
- The insurance contract - elements, distinct characteristics and legal interpretations
Section 3III. Casualty Insurance Basics14 lessons+
- Risk and Hazards in a Casualty Context
- Indemnity and Insurable Interest Applied to Casualty
- Loss Valuation in Casualty — Auto Physical Damage, Crime, and Bodily Injury
- Negligence, Liability, and Occurrence — Casualty Application
- Binders, Warranties, Representations, and Concealment — Casualty Practice
- Deposit Premium, Premium Audit, and Certificates of Insurance
- Law of Large Numbers and Pure vs. Speculative Risk — Casualty Application
- Endorsements, Damages, and FCRA Compliance in Casualty
- Casualty policy structure - declarations through endorsements
- Casualty common policy provisions and limits of liability
- The Vermont Property and Casualty Insurance Guaranty Association
- Vermont cancellation, nonrenewal and the renewal notice
- Vermont consent to rate, loss payment and the prohibition on discrimination
- Vermont pollution coverage, the required liability policy conditions and the federal Terrorism Risk Insurance Program
Section 4IV. Casualty: Homeowners Policy5 lessons+
- Homeowners coverage forms HO-2 through HO-6 and the definitions that drive Section II
- Coverage E - Personal liability
- Coverage F - Medical payments to others and the Section II additional coverages
- Section II exclusions
- Section II conditions and the liability endorsements, including the Vermont amendatory forms
Section 5V. Casualty: Auto Insurance8 lessons+
- Vermont motor vehicle financial responsibility and the required limits of liability
- The Vermont Automobile Insurance Plan - eligibility and coverage limitations
- Vermont uninsured and underinsured motorist coverage
- Vermont automobile cancellation, nonrenewal and the notice of eligibility
- Vermont automobile binders and merit rating surcharges
- Personal auto policy - liability coverage, supplementary payments and medical payments
- Personal auto policy - UM/UIM, damage to your auto, duties after a loss and endorsements
- Commercial auto - liability, garagekeepers, trailer interchange and the MCS-90
Section 6VI. Casualty: Commercial Package Policy (CPP)5 lessons+
- Components of a commercial package policy
- Commercial general liability - Coverages A, B and C and supplementary payments
- CGL limits of insurance, conditions, definitions and exclusions; premises-operations and products-completed operations
- Commercial crime - definitions, coverage forms and the insuring agreements
- Farm liability coverage - Coverages H, I and J
Section 7VII. Casualty: Businessowners Policy3 lessons+
- The Businessowners Policy - characteristics, purpose and eligibility
- Businessowners Section II - Liability: coverages, who is an insured, limits and exclusions
- Businessowners Section III - Common Policy Conditions
Section 8VIII. Casualty: Workers Compensation Insurance5 lessons+
- Types of workers compensation law and the Vermont coverage requirement
- Vermont covered injuries, occupational disease and the benefit structure
- Federal workers compensation laws - FELA, the Longshore Act and the Jones Act
- The workers compensation and employers liability policy - the general section and Parts One through Six
- Premium computation and Vermont's other sources of coverage
Section 9IX. Casualty: Other Coverages and Options5 lessons+
- Umbrella and excess liability - personal DL 98 01 and commercial CU 00 01
- Specialty liability insurance - cyber, professional, E&O, D&O, fiduciary, liquor and EPL
- Surplus lines in Vermont - definitions, markets and licensing requirements
- Surety bonds - principal, obligee and surety; contract, licence and permit, and judicial bonds
- Ocean marine insurance - protection and indemnity
How it works
Enroll
One-time payment of $49.99. Secure checkout powered by Stripe.
Study on your schedule
Read the lesson library, take section quizzes, and work through the practice-question bank as many times as you need.
Pass the real exam
Take the official Vermont exam with confidence. Most students finish the course in 2-4 weeks of casual study.
FAQ
How long is the Vermont Casualty licensing exam?+
Is the Vermont Casualty exam separate from the Property exam?+
Do I need the Property course as well?+
Why not just take the combined Property and Casualty course?+
How much does the Vermont Casualty exam cost and who administers it?+
Does Vermont require state-approved pre-licensing education?+
How many practice questions does this course include?+
Are the practice questions similar to the real Vermont exam?+
Are the practice questions updated regularly?+
Can I study on my phone?+
Can I fit this course around a full-time job?+
Does the course include AI tutoring?+
How long do I have access to the course?+
What if I fail the real Vermont exam?+
Can I retake the Vermont licensing exam if I fail?+
Can I add another license line later?+
Can I get a refund?+
Ready to start studying?
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