MI Property & Casualty study plan

Map each personal auto coverage part (liability, medical payments/PIP, uninsured/underinsured motorist, physical damage, duties after loss) to the specific loss it responds to

Distinguish Michigan no-fault first-party benefits, property protection coverage, and mini-tort recovery from a traditional at-fault liability claim

Trace the claims process in order: notice, proof of loss, investigation, valuation, payment or denial, and appeal

Classify 25 short loss scenarios by coverage part and state in one sentence whether payment is owed and why

Compare the homeowners forms by perils insured, eligible occupancy, and who can be an insured

Diagram how Coverage A drives the percentage relationships for Coverages B, C, and D, and list what each lettered coverage actually protects

Separate open-peril treatment of the dwelling and personal property from named-peril treatment, and explain where each form lands

Sequence a partial-loss settlement using replacement cost, depreciation, deductible, and the dwelling limit, including the effect of underinsurance

Summarize in your own words the licensing, appointment, continuing-education, and recordkeeping duties that apply to a Michigan producer

Identify conduct that constitutes an unfair trade practice or an unauthorized-insurer transaction and state the consequence for each

Differentiate misrepresentation, concealment, warranty, and waiver, then apply each to a short claim scenario

Explain insurable interest, indemnity, subrogation, and coinsurance using one original example per principle

Rank the elements of a valid contract and show where a policy departs from each element

Classify hazards as physical, moral, or morale across 20 scenarios and pair each with a risk-management technique

Differentiate named-peril from open-peril forms and valued from indemnity policies, citing where each appears

Compute coinsurance penalties, deductible applications, and actual-cash-value versus replacement-cost settlements with no arithmetic errors

Distinguish negligence, absolute liability, and vicarious liability, and identify which is at work in each of 15 casualty scenarios

Break the commercial package policy into its coverage parts and mark which parts can be written monoline versus only within the package

Compare the triggering event for commercial property, commercial general liability, commercial auto, and inland marine coverage

Determine businessowners policy eligibility and apply its limits and endorsements to a small-business fact pattern you write yourself

Contrast occurrence and claims-made liability forms, and explain the role of the retroactive date and the extended reporting period

Compare the dwelling forms by perils insured and eligibility, and state where each one stops relative to the homeowners forms

Apply the dwelling policy restrictions that limit recovery for theft, vandalism, and vacancy

Match Michigan-specific rules and residual-market mechanisms to the problem each one solves, and note the ones you must verify before exam day

Match flood, umbrella, inland marine, and other specialty coverages to the exposure each is designed to handle

Identify the gap that appears when a dwelling policy is used for a rental or a home-based business

Differentiate the workers' compensation benefit categories: medical, disability income, death, and rehabilitation

Explain the exclusive-remedy doctrine and show how it interacts with employer liability exposure

Re-drill the two lowest-scoring domains from the Week 4 and Week 6 error logs until each clears 85%

Rewrite your own one-page summary of each weak domain from memory, then correct it against your notes

Take two full-length timed practice exams under exam conditions with no notes and no pauses

Re-teach your ten most-missed rules aloud from memory and correct any that come out wrong

Recompute every calculation type you have seen: coinsurance penalty, deductible stacking, actual cash value versus replacement cost, and limit application

Review each domain's weighted share and rebalance your final weak spots so no single high-weight domain stays under 75%

Assemble a one-page final review sheet limited to rules you have personally gotten wrong at least once