VIP Exclusive

CPCA VIP Practice Exam: California Property & Casualty Agent

CPCA — The California Property and Casualty (P&C) Agent license exam is administered by PSI Exams on behalf of the California Department of Insurance (CDI); it consists of 150 scored questions, a 3-hour time limit, and requires a 70% passing score, covering general insurance principles, California insurance law, property insurance, casualty/liability insurance, and commercial lines.

29
Questions
180m
Time Limit
70.00%
To Pass
Question 1 of 29👑 VIP

A homeowner's dwelling caught fire and suffered $80,000 in structural damage. The home was insured for $200,000 under an HO-3 policy with an 80% coinsurance requirement. At the time of loss, the home's replacement cost value was $280,000. Which of the following best describes how this claim would be settled?

Questions 2–29 and full explanations are VIP-exclusive.