Free Other Types of Property and Casualty Practice Questions
Texas General Lines — Property & Casualty exam (series InsTX-PC06) — 88 practice questions.
Subtopics: Windstorm residual market, Property residual market, Medical liability JUA, Title insurance rates, Guaranty association limit, Surplus lines tax, TWIA eligibility, TWIA counties, TWIA policy term, TWIA flood requirement, TWIA building code, TWIA claim filing, TWIA agents, TWIA membership, FAIR Plan eligibility, FAIR Plan policies, Guaranty unearned premium, Guaranty net worth, Guaranty filing deadline, Guaranty excluded lines, Guaranty and surplus lines, Medical liability JUA purpose, County mutuals, Umbrella and excess, Surety bonds, Flood insurance, Specialty liability, Ocean marine, Alternative markets, Difference in conditions, Aviation, Professional liability, Directors and officers, Employment practices liability, Cyber liability, Boiler and machinery, Fidelity bonds, Inland marine floater, Crop insurance, Title insurance, Yacht coverage, Surplus lines, Errors and omissions, Farmowners, Terrorism coverage, Mobile home, Residual markets, Surety bond parties, Payment bonds, License and permit bonds, Judicial bonds, Miller Act bonds, Bid bonds, Inland marine scope, General average, Jettison, Barratry, Perils of the sea, Jeweler's block, Transit coverage, Inland marine conditions, Ocean marine scope, Boat owners package, Aviation insurance, Aircraft liability
Read the Other Types of Property and Casualty study guide
Sample questions & answers
1. Coastal Texas property owners who cannot obtain windstorm and hail coverage in the voluntary market may use the:
Texas Windstorm Insurance Association (TWIA)
TWIA is the residual market providing windstorm and hail coverage in designated coastal areas.
2. Texas homeowners in an underserved area who cannot obtain residential property insurance in the voluntary market may apply to the:
Texas FAIR Plan Association
The Texas FAIR Plan Association provides residential property insurance in underserved areas to applicants who show two declinations from authorized insurers.
3. The Texas residual market that makes medical professional liability coverage available is the:
Joint Underwriting Association (JUA)
The Texas Medical Liability Insurance Joint Underwriting Association provides medical liability coverage to eligible applicants.
4. In Texas, title insurance premium rates are:
Promulgated (set) by the Texas Department of Insurance
The Commissioner fixes and promulgates title insurance premium rates, and title insurers and agents may not charge a different rate.
All General Lines — Property & Casualty topics
Practice: Other Types of Property and Casualty
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.
