Property and Casualty Consultant — Information & Free Practice
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Property and Casualty Consultant
- Provider
- Pearson VUE
- Format
- Multiple choice; property general, casualty general, and Wyoming state content in one consultant examination
- Exam questions
- 150 total: 135 scored questions and 15 pretest questions in the published outline
- Time limit
- 2.5 hours
- Passing score
- 70% of questions answered correctly
- Exam fee
- $96
Examination outline
Property–General Knowledge — I. TYPES OF PROPERTY POLICIES
- Homeowners
- Homeowners > HO-2
- Homeowners > HO-3
- Homeowners > HO-4
- Homeowners > HO-5
- Homeowners > HO-6
- Homeowners > HO-8
- Dwelling policies
- Dwelling policies > DP-1
- Dwelling policies > DP-2
- Dwelling policies > DP-3
- Commercial lines
- Commercial lines > Commercial Package Policy (CPP)
- Commercial lines > Commercial property
- Commercial lines > Commercial property > Commercial building and business personal property form
- Commercial lines > Commercial property > Causes of loss forms
- Commercial lines > Commercial property > Business income
- Commercial lines > Commercial property > Extra expense
- Commercial lines > Commercial property > Equipment breakdown
- Commercial lines > Business Owners Policy (BOP)
- Commercial lines > Builders Risk
- Commercial lines > Cyber First-Party Coverage
- Inland marine
- Inland marine > Personal Articles floaters
- Inland marine > Commercial Property floaters
- National Flood Insurance Program
- Others
- Others > Earthquake
- Others > Mobile Homes
- Others > Watercraft
- Others > Farm Owners
- Others > Windstorm
Property–General Knowledge — II. INSURANCE TERMS AND RELATED CONCEPTS
- Insurance
- Insurance > Law of Large Numbers
- Insurable interest
- Risk
- Risk > Pure vs. Speculative Risk
- Hazard
- Hazard > Moral
- Hazard > Morale
- Hazard > Physical
- Peril
- Loss
- Loss > Direct
- Loss > Indirect
- Loss Valuation
- Loss Valuation > Actual cash value
- Loss Valuation > Replacement cost
- Loss Valuation > Market value
- Loss Valuation > Stated/agreed value
- Loss Valuation > Salvage value
- Proximate cause
- Deductible
- Indemnity
- Limits of liability
- Coinsurance/Insurance to value
- Occurrence
- Cancellation
- Nonrenewal
- Vacancy and unoccupancy
- Liability
- Liability > Absolute
- Liability > Strict
- Liability > Vicarious
- Negligence
- Binder
- Endorsements
- Blanket vs. Specific
Property–General Knowledge — III. PROPERTY POLICY PROVISIONS AND CONTRACT LAW
- 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 Provision
- Subrogation
- Elements of a contract
- Warranties, representations, and concealment
- Sources of underwriting information
- Fair Credit Reporting Act
- Privacy Protection (Gramm Leach Bliley)
- Policy Application
- Terrorism Risk Insurance Act (TRIA)
- Territory
Casualty–General Knowledge — I. TYPES OF CASUALTY POLICIES, BONDS, AND RELATED TERMS
- Commercial general liability
- Commercial general liability > Exposures
- Commercial general liability > Exposures > Premises and Operations
- Commercial general liability > Exposures > Products and Completed Operations
- Commercial general liability > Coverage
- Commercial general liability > Coverage > Coverage A: Bodily Injury and Property Damage Liability (Occurrence, Claims made including Retroactive Date)
- Commercial general liability > Coverage > Coverage B: Personal Injury and Advertising Injury
- Commercial general liability > Coverage > Coverage C: Medical Payments
- Commercial general liability > Coverage > Supplemental Payments
- Commercial general liability > Coverage > Who is an insured
- Commercial general liability > Coverage > First named insured
- Commercial general liability > Coverage > Limits (Per occurrence, Annual Aggregate)
- Commercial general liability > Coverage > Damage to Property of Others
- Automobile: personal auto and business auto
- Automobile: personal auto and business auto > Liability
- Automobile: personal auto and business auto > Liability > Bodily Injury
- Automobile: personal auto and business auto > Liability > Property Damage
- Automobile: personal auto and business auto > Liability > Split Limits
- Automobile: personal auto and business auto > Liability > Combined Single Limit
- Automobile: personal auto and business auto > Medical Payments
- Automobile: personal auto and business auto > Physical Damage (collision; other than collision; specified perils)
- Automobile: personal auto and business auto > Uninsured motorists
- Automobile: personal auto and business auto > Underinsured motorists
- Automobile: personal auto and business auto > Who is an insured
- Automobile: personal auto and business auto > Types of Auto
- Automobile: personal auto and business auto > Types of Auto > Owned
- Automobile: personal auto and business auto > Types of Auto > Non-owned
- Automobile: personal auto and business auto > Types of Auto > Hired
- Automobile: personal auto and business auto > Types of Auto > Temporary Substitute
- Automobile: personal auto and business auto > Types of Auto > Newly Acquired Autos
- Automobile: personal auto and business auto > Types of Auto > Transportation Expense and Rental Reimbursement Expense
- Automobile: personal auto and business auto > Auto Dealers Coverage Form, including Garagekeepers Insurance
- Automobile: personal auto and business auto > Exclusions
- Automobile: personal auto and business auto > Individual Insured and Drive Other Car (DOC)
- Automobile: personal auto and business auto > Mobile equipment
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues > Standard policy concepts
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues > Standard policy concepts > Who is an employee/employer
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues > Standard policy concepts > Compensation
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues > Work-related vs. non-work-related
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues > Other states’ insurance
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues > Employers Liability
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues > Exclusive remedy
- Workers Compensation Insurance, Employers Liability Insurance, and Related Issues > Premium Determination
- Crime
- Crime > Employee Dishonesty
- Crime > Theft
- Crime > Robbery
- Crime > Burglary
- Crime > Forgery and Alteration
- Crime > Mysterious disappearance
- Bonds
- Bonds > Surety
- Bonds > Fidelity
- Professional liability
- Professional liability > Errors and Omissions
- Professional liability > Medical Malpractice
- Professional liability > Directors and Officers (D&O)
- Professional liability > Employment Practices Liability (EPLI)
- Professional liability > Cyber liability and data breach
- Professional liability > Liquor liability
- Umbrella/Excess Liability
- Business Owners Policy (BOP)
Casualty–General Knowledge — II. INSURANCE TERMS AND RELATED CONCEPTS
- Risk
- Hazards
- Hazards > Moral
- Hazards > Morale
- Hazards > Physical
- Indemnity
- Insurable interest
- Loss valuation
- Loss valuation > Actual cash value
- Loss valuation > Replacement cost
- Loss valuation > Market value
- Loss valuation > Stated/agreed value
- Loss valuation > Salvage value
- Negligence
- Liability
- Occurrence
- Binders
- Warranties
- Representations
- Concealment
- Deposit Premium/Audit
- Certificate of Insurance
- Law of Large Numbers
- Pure vs. Speculative Risk
- Endorsements
- Damages
- Damages > Compensatory
- Damages > Compensatory > General
- Damages > Compensatory > Special
- Damages > Punitive
- Compliance with provisions of Fair Credit Reporting Act
Casualty–General Knowledge — III. CASUALTY POLICY PROVISIONS
- Declarations
- Insuring agreement
- Conditions
- Exclusions and Limitations
- Definition of the insured
- Duties of the insured after a loss
- Cancellation and nonrenewal provisions
- Supplementary payments
- Proof of loss
- Notice of claim
- Other insurance
- Subrogation
- Loss settlement provisions including consent to settle a loss
- Terrorism Risk Insurance Act (TRIA)
Wyoming Specific — I. WYOMING STATUTES, RULES, AND REGULATIONS COMMON TO LIFE, ACCIDENT AND HEALTH, PROPERTY, AND CASUALTY INSURANCE
- Insurance Commissioner
- Insurance Commissioner > Appointment
- Insurance Commissioner > General powers and duties
- Insurance Commissioner > Examinations
- Insurance Commissioner > Orders and hearings
- Insurance Commissioner > Penalties
- Definitions
- Definitions > Domestic company
- Definitions > Foreign company
- Definitions > Alien company
- Definitions > Stock and mutual companies and reciprocals
- Definitions > Reciprocal
- Definitions > Certificate of authority
- Licensing
- Licensing > Persons required to be licensed
- Licensing > Persons required to be licensed > Producer/business entity
- Licensing > Persons required to be licensed > Producer acting as broker
- Licensing > Persons required to be licensed > Consultant
- Licensing > Persons required to be licensed > Limited lines
- Licensing > Persons required to be licensed > Surplus lines broker
- Licensing > Persons required to be licensed > Nonresident
- Licensing > Persons required to be licensed > Temporary license
- Licensing > Agent appointment/termination of contract
- Licensing > Obtaining a license
- Licensing > Obtaining a license > Qualifications
- Licensing > Obtaining a license > Exemptions/exceptions
- Licensing > Obtaining a license > License denial
- Licensing > Maintaining a license
- Licensing > Maintaining a license > Continuing education
- Licensing > Maintaining a license > Change of address
- Licensing > Maintaining a license > Fees/renewal/reinstatement
- Licensing > Maintaining a license > License expiration/termination
- Licensing > Maintaining a license > Suspension or revocation of licenses
- Licensing > Maintaining a license > Reporting of actions
- Licensing > Maintaining a license > Penalties
- Producer responsibilities
- Producer responsibilities > Fiduciary capacity
- Producer responsibilities > Fiduciary capacity > Premium accountability
- Producer responsibilities > Fiduciary capacity > Separate account requirements
- Producer responsibilities > Commissions and compensation
- Producer responsibilities > Place of business of licensees/display of licenses/records
- Producer responsibilities > Agency vs. individual licensee
- Unfair trade practices
- Unfair trade practices > Boycott, coercion, intimidation
- Unfair trade practices > Controlled business
- Unfair trade practices > Defamation
- Unfair trade practices > False advertising
- Unfair trade practices > False financial statements
- Unfair trade practices > Fraud
- Unfair trade practices > Misrepresentation
- Unfair trade practices > Rebates/illegal inducements
- Unfair trade practices > Unfair discrimination
- Unfair trade practices > Unfair claims settlement practices
- Wyoming Insurance Guaranty Association
- Consumer privacy regulation
Wyoming Specific — II. WYOMING STATUTES, RULES AND REGULATIONS COMMON TO PROPERTY AND CASUALTY INSURANCE ONLY
- Renewal, Nonrenewal, Cancellation
- Binders
- Payment of claims
- Terrorism Risk Insurance Act of 2002 and Extension Act of 2005
Wyoming Specific — III. WYOMING STATUTES, RULES, AND REGULATIONS PERTINENT TO CASUALTY INSURANCE ONLY
- Automobile Insurance
- Automobile Insurance > Financial responsibility
- Automobile Insurance > Financial responsibility > Proof of financial responsibility
- Automobile Insurance > Financial responsibility > Persons required to show proof
- Automobile Insurance > Financial responsibility > Penalty for noncompliance
- Automobile Insurance > Financial responsibility > Methods for satisfying financial responsibility
- Automobile Insurance > Uninsured/underinsured motorists coverage
- Automobile Insurance > Uninsured/underinsured motorists coverage > Required coverages
- Automobile Insurance > Uninsured/underinsured motorists coverage > Required coverages > Bodily injury
- Automobile Insurance > Uninsured/underinsured motorists coverage > Option for additional coverage
- Automobile Insurance > Cancellation/nonrenewal
- Automobile Insurance > Wyoming Automobile Insurance (Assigned Risk) Plan
- Workers’ Compensation
- Surplus Lines
Examination sources
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 1
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 2
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 3
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 4
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 5
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 6
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 7
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 8
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 9
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 10
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 11
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 12
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 13
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 14
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
Consultant outline S23-S26, boundary passage 15
- Wyoming Insurance Licensing Candidate Handbook, January 2023
Page 13, About the Exam, format
- Wyoming Insurance Licensing Candidate Handbook, January 2023
Page 14, SCORE EXPLANATION
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
S23, property general scored questions
- Wyoming Insurance Examination Content Outlines, effective April 15, 2025
S25, consultant state scored questions
- Wyoming Insurance Licensing Candidate Handbook, January 2023
Back cover, AVAILABLE EXAMS, code 47 row
- Wyoming Insurance Licensing Candidate Handbook, January 2023
Page 8, Making a Reservation
- Department Public Adjuster License Requirements pinned September 5, 2026
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