DE Property & Casualty study plan

Define the core risk-management terms (risk, peril, hazard, loss, retention, transfer) and give one original example of each

Distinguish indemnity, valued, and replacement-cost valuation and compute a coinsurance penalty for a simple example

Identify the parties, insurable-interest rules, and aleatory/adhesion characteristics of an insurance contract

Classify the property coverages by hazard type (fire, wind, theft, water) and label which perils are named-peril versus open-peril

Map the four casualty liability elements (duty, breach, causation, damages) onto a written negligence scenario

Compare absolute, strict, and vicarious liability and state which business situations trigger each

List the Delaware licensing lifecycle steps (application, appointment, renewal, termination, CE) in correct order

Explain the regulator's authority over rates, unfair trade practices, and producer conduct using at least three specific prohibitions

Differentiate the HO-2, HO-3, HO-4, HO-5, HO-6, and HO-8 forms by occupancy and by perils insured

List the Coverage A through F limits and describe how each limit is determined on a sample declarations page

Apply the special limits of liability, loss-of-use, and duties-after-loss provisions to a claims scenario

Identify the endorsements most often tested (water backup, scheduled personal property, replacement cost) and state what each adds

Explain the personal auto policy parts (liability, medical payments, uninsured/underinsured motorists, physical damage) and each part's trigger

Distinguish split-limit from combined single limit and calculate available limits after a multi-claimant loss

Identify who qualifies as an insured and how newly acquired autos and non-owned autos are treated

Recognize the major exclusions and the conditions that must be met to preserve coverage after a loss

Compare the commercial package policy structure to the businessowners policy and state when each is appropriate

Identify the building and personal property coverage triggers, valuation methods, and coinsurance requirements in commercial property forms

Explain commercial general liability Coverage A, B, and C and list the standard exclusions that drive exam questions

Describe business income and extra expense coverage and compute a simple period-of-restoration example

Explain workers compensation benefits (medical, disability, death, rehabilitation) and the exclusive-remedy concept

Distinguish workers compensation from employers liability and state which part responds to which claim

Identify the coverage intent of the other coverages in this domain (e.g., umbrella, inland marine, crime, cyber) and one key exclusion for each

Re-verify Delaware-specific licensing and producer-duty rules you missed on earlier practice work

Take two full-length practice exams under timed conditions and log every miss by domain

Re-study the two lowest-scoring domains using only your own notes and outlines

Rewrite any missed concept as a one-sentence rule you can recall without prompts

Drill 50 mixed vocabulary and limit-calculation questions until you reach 85% accuracy

Complete three full-length timed practice exams and score 80% or higher on each

Review only flagged weak areas, spending no more than 30 minutes per subtopic

Recite the coverage parts and key exclusions of the homeowners, personal auto, BOP, and workers compensation policies from memory

Confirm exam-day logistics and build a one-page final-review sheet of limits, deadlines, and definitions