NY Property & Casualty study plan

Define the characteristics of insurable risk and classify given exposures as insurable or uninsurable

Explain indemnity, insurable interest, utmost good faith, subrogation, and the rules of contract adhesion and ambiguity

Differentiate named-peril from open-peril forms and compare actual cash value, replacement cost, and functional/agreed valuation

Apply coinsurance, deductible, and other-insurance clauses to short numeric loss scenarios

Compare HO-2, HO-3, HO-5, HO-4, HO-6, and HO-8 by perils insured against and by eligible insured

Build your own sample declarations page and map Coverage A through F limits, special limits, and the deductible against it

Distinguish DP-1, DP-2, and DP-3 dwelling forms from homeowners forms and identify which perils each adds

Resolve ten claim scenarios involving loss of use, debris removal, collapse, and ordinance-or-law coverage

Identify the elements of negligence and the defenses that bar or reduce recovery, including comparative fault and assumption of risk

Distinguish PAP Parts A through D and state the coverage trigger for liability versus physical damage coverage

Calculate split-limit and combined single-limit settlements under New York rules, including no-fault/PIP application

Compare personal auto, commercial auto, garage, and trucking coverage forms and their key exclusions

Explain New York financial responsibility, mandatory uninsured/underinsured motorist coverage, and transportation expense provisions

Outline New York producer licensing, appointment, and continuing education requirements and the duties owed to clients

State New York rules for policy cancellation, nonrenewal, and conditional renewal for personal and commercial lines

Identify unfair claim settlement practices and claims-handling standards under New York regulation

Summarize the purpose and limits of the New York Property and Casualty Insurance Security Fund

Re-drill the weakest objectives from Domains 2, 3, 4, 6, and 7 flagged by your quiz logs

Map commercial building and business personal property coverage, including personal property of others and the 5,000 dollar limit structure you construct yourself

Compare the basic, broad, and special causes-of-loss forms and list the perils each adds

Apply coinsurance, agreed value, blanket vs. specific insurance, and reporting forms to a numeric example

Explain business income and extra expense coverage, including the period of restoration

Differentiate builders risk, inland marine floaters, and ocean marine coverages by what they insure

Apply New York workers' compensation benefit categories, employer liability, and the exclusive remedy rule to claim scenarios

Distinguish occurrence from claims-made general liability forms and explain retroactive dates and extended reporting periods

Compare umbrella and excess liability triggers, self-insured retention, and drop-down provisions

Identify employee theft, forgery, computer fraud, and safe burglary coverages and how crime limits apply

Revisit the New York regulatory objectives from Week 4 that carry into workers' compensation and commercial liability

Rank all eight domains by your running quiz accuracy and rebuild the three weakest from their objectives

Re-work every previously missed question without looking at the answer key first

Drill coverage-comparison tables for HO forms, dwelling forms, commercial property forms, and auto forms from memory

Practice pacing by completing 50 questions in 55 minutes with no notes

Complete two full-length timed practice exams covering all eight domains

Review every flagged item and confirm you can state the underlying rule without prompting

Recite the New York-specific rules (cancellation, no-fault, UM/SUM, security fund) from memory

Finalize a one-page formula and limits sheet for last-minute review