Free Michigan Property Exam Practice Test
Series 16-67 — The Michigan Property producer exam is given by PSI (exam 16-67) and covers general insurance concepts, property policies, and Michigan insurance law and regulation.
100
Scored items (approx.)
120 min
Time limit
75%
Passing score
824
Practice questions
Topics covered on the Property exam
Insurance Regulation
173 practice questions · Regulator, Commissioner defined, Prelicensing hours, Ethics in prelicensing, …
General Insurance Concepts
77 practice questions · Pure vs speculative risk, Hazard types, Moral hazard, Law of large numbers, …
Property Insurance Basics
138 practice questions · Minimum valuation, Minimum perils, Removal coverage, Insured cancellation, …
Dwelling Policy Concepts
51 practice questions · Eligibility, DP-1 basic, DP-3 special, Coverage A, …
Homeowners Policy Concepts
162 practice questions · Replacement cost policy, Repair cost policy, Repair cost cash option, Repair cost example, …
Commercial Property Policies
95 practice questions · Terrorism exclusion, Commercial package policy, Building and personal property, Special cause of loss, …
Businessowners Policy Property
58 practice questions · Purpose, Eligibility, Business income included, Property covered, …
Other Property Insurance
70 practice questions · Surplus lines license, Surplus lines availability, Presumed available, Diligent search, …
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.
