Free Iowa Property Exam Practice Test
Series 12-IA-03 — The Iowa Property producer exam is given by Pearson VUE (exam 12-IA-03) and covers general insurance concepts, property policies, and Iowa insurance law and regulation.
81
Scored items (approx.)
120 min
Time limit
856
Practice questions
Topics covered on the Property exam
Insurance Regulation
247 practice questions · Commissioner appointment, Commissioner term, Commissioner duties, Commissioner powers, …
General Insurance Concepts
77 practice questions · Pure vs speculative risk, Hazard types, Moral hazard, Law of large numbers, …
Property Insurance Basics
133 practice questions · Standard fire policy, Inception time, Removal, Vacancy, …
Dwelling Policy Concepts
51 practice questions · Eligibility, DP-1 basic, DP-3 special, Coverage A, …
Homeowners Policy Concepts
131 practice questions · Eligibility, HO-3 special, HO-4 renters, HO-6 condo, …
Commercial Property Policies
94 practice questions · Commercial package policy, Building and personal property, Special cause of loss, Business income, …
Businessowners Policy Property
58 practice questions · Purpose, Eligibility, Business income included, Property covered, …
Other Property Insurance
65 practice questions · FAIR plan purpose, FAIR plan coverage, FAIR plan membership, FAIR plan status, …
Practice Test: Property
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
