CA Property & Casualty case studies

CA Property & Casualty · Put your knowledge to work in context.

The California Property and Casualty Broker-Agent license is the combined credential that allows a licensed individual or business entity to transact both property insurance (such as homeowners, commercial property, and inland marine) and casualty insurance (such as auto, general liability, and workers' compensation) in California. It is issued by the California Department of Insurance and is the license most new producers pursue because it opens the widest range of personal and commercial lines. The CA Property & Casualty case studies are 5 cases and about 3,935 words.

The $78,750 Coinsurance Penalty

Ridgeline Fabrication LLC insures its only building under a commercial property form with an 80% coinsurance clause, a 600,000 building limit, a 5,000 deductible, and replacement cost settlement. At the time of a March 14 fire, an appraisal sets replacement cost at 1,000,000 and actual cash value at 720,000.

681 words, about 3 min 2

Two Water Events, Two Deductibles, Two Sublimits

The Alvarez family owns a 1968 ranch house insured on an HO-3: Coverage A 600,000, a 2,500 deductible, a 10,000 mold remediation sublimit, and a 10,000 water-backup endorsement. On June 2, the washing machine supply hose bursts while the family is at work.

788 words, about 4 min 3

Four Claimants, One $300,000 Occurrence Limit

Devon carries a California personal auto policy with liability limits of 100/300/50, a 1,000 collision deductible, and no umbrella. On March 8 he runs a red light while texting and strikes another car.

653 words, about 3 min 4

The Denial Letter That Cites Nothing, and the Nonrenewal That Follows

A kitchen fire on February 3 causes 120,000 of damage to Priya's HO-3 (Coverage A 450,000, 1,000 deductible). She reports the loss February 4.

923 words, about 5 min 5

The Delivery Run the Personal Auto Policy Never Saw

Marcus drives for a food-delivery app about 20 hours a week in his own car, insured on a personal auto policy with 100/300/50 liability, a 1,000 collision deductible, a 500 other-than-collision deductible, UM/UIM of 100/300, and MedPay of 3,000. While on a delivery run he looks down to check the app and strikes a cyclist, who suffers 200,000 in injuries.

890 words, about 4 min