Washington Insurance Producer - Property - Exam Prep
Property Producer, 100 scored questions, 150 minutes, administered by PSI
Washington also publishes a single COMBINED Property and Casualty paper, at 150 scored questions, which covers both lines in one sitting. This course prepares you for the Property 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 Washington content outline.
Section 1I. Property: Types of Policies6 lessons+
- Homeowners Forms — HO-2, HO-3, HO-4, HO-5, HO-6, HO-8
- Dwelling Forms — DP-1, DP-2, DP-3
- Commercial Lines — CPP, Commercial Property, BOP, Builders Risk, Cyber First-Party
- Inland Marine — Personal Articles Floaters and Commercial Property Floaters
- National Flood Insurance Program (NFIP)
- Other Coverages — Earthquake, Mobile Homes, Watercraft, Farm Owners, Windstorm
Section 2II. Property: Insurance Terms, Related Concepts, and Policy Provisions18 lessons+
- Insurance Fundamentals — Law of Large Numbers, Insurable Interest, Risk Transfer
- Risk, Hazard, and Peril — Risk Management Techniques
- Loss and Valuation — Direct vs. Indirect Loss, ACV, Replacement Cost, Agreed Value, Salvage
- Proximate Cause, Deductible, Indemnity, and Limits of Liability
- Coinsurance, Insurance-to-Value, and Occurrence
- Cancellation, Nonrenewal, Vacancy, and Unoccupancy
- Liability and Negligence — Elements, Types, and Defenses
- Binders, Endorsements, Blanket vs. Specific, and Crime Definitions
- Warranties, Representations, Concealment, Deposit Premium and Audit, Certificate of Insurance
- Damages and the Fair Credit Reporting Act (FCRA)
- Policy Structure — Declarations, Insuring Agreement, Conditions, Exclusions
- Definition of the Insured; Duties of the Insured; Obligations of the Insurance Company
- Mortgagee Rights; Proof of Loss; Notice of Claim; Appraisal
- Other-Insurance Provisions and Subrogation
- Elements of a Contract and Distinctive Characteristics of Insurance Contracts
- Warranties, Representations, and Concealment in Contract Law
- Sources of Underwriting Information; FCRA; GLBA Privacy Protection
- Policy Application; Terrorism Risk Insurance Act (TRIA); Policy Territory
Section 3III. Property: Federal Laws and Regulations3 lessons+
- 18 U.S.C. 1033 and 1034 - Purpose
- Prohibited Persons in Insurance and the Written Consent (Waiver) Requirement
- Flood Insurance Education and the National Flood Insurance Program
Section 4IV. Washington Insurance Laws, Rules, and Regulations13 lessons+
- The Washington Insurance Commissioner - An Elected Office, Broad Powers, and Examinations
- Washington Terms and Concepts - Insurance, Insurer, Insurance Transaction, Certificate of Authority
- Who Must Be Licensed in Washington, Exemptions, and the Designated Responsible Licensed Person
- Temporary and Nonresident Licences, Appointments, and the Producer's Bond
- Maintenance and Duration of a Washington Licence - Renewal, Continuing Education, Reinstatement, Reporting
- Penalties for Noncompliance - Refusal, Suspension, Revocation, Probation, Fines, Unlicensed Activity
- Washington Marketing Practices - Misrepresentation, Twisting, Defamation, Advertising, Discrimination
- Rebating, Inducements, and Compensation of Licensees in Washington
- Producer Responsibilities - Premium Accountability, Separate Accounts, Records, Place of Business, Replying to the Commissioner
- Washington Claims Handling - The Trade Practice Rules and Their Time Limits
- Cancellation and Nonrenewal in Washington - Notice Periods, the Actual Reason, and the Homeowners Block
- Applications, Binders, Surplus Lines, Credit Scoring, and Overinsurance
- The Washington Property and Casualty Insurance Guaranty Association and the FAIR Plan
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 Washington exam with confidence. Most students finish the course in 2-4 weeks of casual study.
FAQ
How long is the Washington Property licensing exam?+
Is the Washington Property exam separate from the Casualty exam?+
Do I need the Casualty course as well?+
Why not just take the combined Property and Casualty course?+
How much does the Washington Property exam cost and who administers it?+
Does Washington require state-approved pre-licensing education?+
How many practice questions does this course include?+
Are the practice questions similar to the real Washington 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 Washington exam?+
Can I retake the Washington licensing exam if I fail?+
Can I add another license line later?+
Can I get a refund?+
Ready to start studying?
Enroll once, keep access forever, pass your exam with confidence.
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