NC Property & Casualty case studies

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

The North Carolina Property and Casualty license is the credential a producer needs to sell, solicit, or negotiate property and casualty insurance in the state. It is issued by the North Carolina Department of Insurance after a candidate passes the state licensing exam, and it is the entry point for people moving into agency sales, customer service, claims-adjacent roles, or independent brokerage. The NC Property & Casualty case studies are 5 cases and about 3,504 words.

Contract for Deed: Two Insurable Interests, One Policy

Doris signed a 15-year contract for deed selling her four-unit apartment building to Marcus. Marcus paid 60,000 down, took possession 14 months ago, pays 2,400 monthly, and handles all repairs and tenant issues.

700 words, about 4 min 2

Producer Conduct: Rebates, Referral Fees, and Premium Trust

Renee owns a four-person independent agency in Greensboro appointed with three carriers. Over six weeks she: (1) advertises a 50 Visa gift card with every auto policy bound; (2) agrees to pay a local tow-truck operator 75 for each customer he sends who buys a policy, though the operator holds no insurance license; (3) deposits $18,400 of client premium into the agency's operating account and uses it to make payroll, remitting to carriers about 40 days later; and (4) when a commercial client's landlord demanded proof of additional insured status, Renee typed a certificate naming the landlord as an additional insured on a policy that contained no such endorsement.

746 words, about 4 min 3

Icemaker Line Failure: Water Damage, Mold, and the Known-Stain Problem

An HO-3 on a Greensboro home shows 400,000 Coverage A (replacement cost), 200,000 Coverage C, a 2,500 all-peril deductible, and the standard 10,000 mold sublimit. The insureds left for a 30-day trip.

669 words, about 3 min 4

Permissive Use, Two Policies, and a Contributory Negligence Problem

Noah is 19, lives with his parents Dan and Priya, and is a listed driver on their North Carolina auto policy: 100/300/50 liability, 5,000 medical payments, UM/UIM 100/300, 500 collision deductible. Noah is home from college and lends the family car to his friend Ethan, 22, who has his own NC policy at the minimum 30/60/25.

748 words, about 4 min 5

Restaurant Fire: Coinsurance Penalty Plus a Seasonal Business Income Loss

Harborlight Grill leases its space and insures only business personal property and business income. The policy shows 600,000 on business personal property (replacement cost, 80% coinsurance, no agreed value), a 5,000 deductible, and 250,000 of business income including extra expense.

641 words, about 3 min