MA Property & Casualty study plan

MA Property & Casualty · Give each week a clear focus.

8 weeks · About 6 hours per week

Week 1

Insurance Principles and Concepts & Property Insurance Policy Basics and Provisions

Define risk, peril, hazard, and loss and classify ten given exposures as pure vs. speculative and insurable vs. uninsurable
Explain indemnity, insurable interest, utmost good faith, subrogation, and adhesion and state how each limits what a policy will pay
Distinguish the roles and authority of agent, broker, underwriter, and adjuster in placing and settling coverage
Diagram the anatomy of a property policy - declarations, insuring agreement, conditions, exclusions, definitions - and label where each concept lives

One-page policy-anatomy diagram plus a 30-term glossary, validated by scoring at least 80% on a 25-question self-quiz over domains 1 and 2

Week 2

Calculate coinsurance penalties, deductible offsets, and ACV vs. replacement cost settlements for at least eight loss scenarios
Interpret core property conditions: duties after loss, appraisal, other insurance, mortgage/loss-payee clause, and pair-and-set or debris removal provisions
Distinguish negligence, strict liability, and absolute liability and list the four elements a claimant must prove in a negligence action
Compare occurrence vs. claims-made liability triggers and explain per-occurrence, aggregate, and supplementary payment provisions

A ten-problem calculation worksheet (coinsurance penalty, ACV/RCV loss, liability limits) completed at 90% accuracy with work shown

Week 3

Compare contributory, comparative, and assumption-of-risk defenses and state how each affects a Massachusetts claimant's recovery
Define premises, operations, products-completed operations, and personal and advertising injury exposures and give one example of each
Outline the Massachusetts producer licensing sequence - prelicensing education, exam, appointment, license maintenance, and continuing education - without reference notes
Identify prohibited sales practices including rebating, twisting, misrepresentation, and commingling of premium funds, and describe a Massachusetts-specific example of each

A two-column table of unfair trade practices with a concrete example per row, plus 80%+ on a 30-question liability-and-laws quiz

Week 4

Explain Massachusetts requirements and notice periods for cancellation, nonrenewal, and premium increases for personal and commercial policies
Summarize the regulatory role of the Massachusetts Division of Insurance and the function of residual-market mechanisms such as the FAIR Plan and the state auto assigned-risk plan
Describe Massachusetts compulsory auto requirements and personal injury protection, and state what each pays and for how long
List producer fiduciary duties covering premium trust, recordkeeping, disclosure, and timely remittance

A 60-question half-length practice exam weighted to domains 1-4, scored at 75% or better, with every missed item logged alongside the governing rule

Week 5

Match HO-2, HO-3, HO-5, HO-4, HO-6, and HO-8 forms to the dwelling type and insured's situation, and justify each match
Map Coverages A through F on an HO-3, including special limits on money, jewelry, silverware, and business property
Explain each personal auto coverage part - liability, PIP, medical payments, uninsured/underinsured motorist, collision, and other-than-collision - and what triggers it
Apply Massachusetts auto rules, including compulsory limits, the tort threshold, the Safe Driver Insurance Plan, and rating tiers, to written fact patterns

A homeowners coverage matrix comparing all six HO forms plus a 25-question personal auto scenario set answered at 85% accuracy

Week 6

Compare the businessowners policy, commercial package policy, and monoline approach, and test five risks for BOP eligibility
Analyze CGL Coverage A, B, and C, including who is an insured, additional insured endorsements, and how per-occurrence and general aggregate limits interact
Describe commercial property coverages - building and personal property, business income with period of restoration, extra expense, inland marine, and crime
Explain workers' compensation and employers liability basics, including which Massachusetts employers must carry coverage and what the exclusive remedy doctrine does

A solved five-scenario CGL limits exercise, a BOP eligibility checklist, and 80%+ on a 20-question commercial lines quiz

Week 7

Rebuild the three weakest subtopics identified in weeks 5 and 6 into flashcards and re-test each after a 48-hour delay
Contrast personal and commercial treatment of the same exposure (business property at home, delivery driver in a personal auto, home office liability) across paired scenarios
Answer multi-domain questions that combine a Massachusetts rule with a coverage application and justify the answer in one sentence

100 mixed practice questions answered at 85% or better, with a written remediation note citing the rule behind each miss

Week 8

Simulate two timed full-length exams under test-day conditions with no notes
Trace every missed item back to its root rule and re-quiz that subtopic after 48 hours
Recite from memory the Massachusetts statutory limits, notice deadlines, and licensing timelines that appear most often
Differentiate the most confusable form pairs (HO-3 vs. HO-5, HO-4 vs. HO-6, occurrence vs. claims-made, ACV vs. replacement cost) in rapid-fire drill form

Two timed practice exams scored at 85% or better plus a final one-page must-memorize sheet of limits, deadlines, and form differences

Week 2: Pass the coinsurance and valuation worksheet at 90% and explain policy structure aloud in under five minutes without notes

Week 4: Score 75%+ on the 60-question domains 1-4 exam; if any single domain falls below 70%, schedule it for re-drill in week 7

Week 6: Score 80%+ on a 50-question combined personal-and-commercial lines exam and rank the five weakest subtopics across the whole course

Week 8: Two full-length timed exams at 85%+ with no domain below 80%, and the must-memorize sheet complete