CA Property & Casualty study plan

Define risk, peril, hazard, and loss, and classify six given scenarios by type

Explain insurable interest, indemnity, subrogation, and utmost good faith, and give one P&C example of each

Diagram the elements of a valid insurance contract and identify the missing element in five flawed scenarios

Describe the roles of agent, broker, underwriter, and claims adjuster across the application-to-issuance flow

Distinguish stock vs. mutual insurers, admitted vs. non-admitted carriers, and primary vs. reinsurance

Explain California producer licensing steps (prelicensing education, exam, fingerprinting, appointment) and the penalties for unlicensed activity

List prohibited producer acts under the California Insurance Code, including commingling, rebating, and misrepresentation

Describe the Insurance Commissioner's authority: examinations, hearings, cease-and-desist orders, fines, and license suspension or revocation

Summarize continuing education and ethics requirements for California licensees

Trace how a producer's authority is created and terminated: express, implied, and apparent authority, plus appointment termination

Compare homeowners Coverage Parts A through F and state exactly what each part pays

Differentiate HO-2, HO-3, HO-4, HO-5, HO-6, and HO-8 by covered perils and eligible risk

Apply replacement cost, actual cash value, and functional replacement cost to three sample losses

Explain coinsurance, deductibles, and other-insurance clauses, then calculate a coinsurance penalty

Identify standard homeowners exclusions (earthquake, flood, ordinance or law, neglect) and name the endorsement that fills each gap

Describe the California FAIR Plan and the California Earthquake Authority, including their eligibility rules and mandatory offer requirements

Explain mortgagee and loss-payable clauses and how a claim is paid when a mortgagee is named

Summarize California cancellation and nonrenewal notice rules for residential property policies

Define negligence and its four elements, then identify comparative fault and assumption of risk in claim scenarios

Compare occurrence vs. claims-made triggers and explain Commercial General Liability Coverage Parts A, B, and C

Explain additional insureds, supplementary payments, and occurrence/aggregate limit structure

Distinguish special, general, compensatory, and punitive damages and state which a liability policy will and will not pay

Apply each California Personal Auto Policy part (liability, medical payments, uninsured/underinsured motorist, collision, other than collision) to coverage scenarios

State California minimum financial responsibility limits and explain their effect on UM/UIM coverage and SR-22 filings

Explain California workers' compensation benefits and the exclusive remedy doctrine, and identify who must carry coverage

Describe California auto rules on cancellation notice, the good driver discount, and required applicant disclosures

Summarize Proposition 103 provisions on rates, prior approval, and consumer rights

Identify unfair claims settlement practices and unfair trade practices under California law and the penalty for each

Explain surplus lines eligibility requirements and the role and limits of the California Insurance Guaranty Association

Describe fiduciary duties for handling premium, required disclosures, and recordkeeping obligations

Review license renewal, appointment maintenance, and continuing education timelines

Complete two timed 100-question simulated exams covering all four domains

Re-drill every missed item from weeks 1 through 7 until a re-quiz is answered 100% correctly

Recite from memory the pass-critical figures: California auto minimums, cancellation notice periods, coinsurance formulas, and guaranty association limits

Answer 20 scenario-based questions at a pace of 60 seconds or less per question