PA Property & Casualty study plan

Diagram the structure of a homeowners policy, listing Section I property coverages and Section II liability coverages with their standard limits.

Distinguish HO-2, HO-3, HO-5, HO-8, DP-1, DP-2 and DP-3 by perils insured against, occupancy and loss settlement method.

Compute the coinsurance penalty and compare actual cash value versus replacement cost outcomes on three sample losses.

Explain deductibles, loss settlement provisions and the appraisal clause in your own words without notes.

Differentiate occurrence and claims-made liability triggers and identify Coverage Parts A, B and C of the commercial general liability policy.

Map Parts A through D of a personal auto policy and flag the exclusions most often tested.

Compare personal umbrella, commercial umbrella and excess liability by how they layer over underlying limits.

Outline workers compensation benefits and employers liability exposure and state which injuries are excluded.

Summarize the Pennsylvania Insurance Department's authority over rate filings, form filings and market conduct examinations.

List Pennsylvania producer licensing requirements, appointment and termination procedures, and continuing education obligations.

Identify prohibited unfair insurance practices under Pennsylvania law and the penalties the Department may impose.

Describe the purpose, scope and claim limits of the Pennsylvania Property and Casualty Insurance Guaranty Association.

Define risk, peril, hazard, pure versus speculative risk, and identify loss exposures in written scenarios.

Explain indemnity, insurable interest, subrogation, utmost good faith and contracts of adhesion as they apply to a policy.

Distinguish representations, warranties and concealment, and state the effect of each on coverage.

Explain why rates are regulated and break a gross rate into its loss cost, expense and profit components.

Apply property endorsements such as water backup, scheduled personal property, ordinance or law and inflation guard to fact patterns.

Apply casualty endorsements including additional insured status, waiver of subrogation and hired/non-owned auto to fact patterns.

Analyze how exclusions in homeowners, CGL and personal auto forms interact on the same loss scenario.

Explain business income, extra expense and equipment breakdown coverage and when each responds.

Apply the full tort versus limited tort election and its exceptions to Pennsylvania auto claim scenarios.

Explain stacking of uninsured and underinsured motorist benefits across multiple vehicles under Pennsylvania rules.

Describe Pennsylvania requirements for cancellation, nonrenewal and premium increase notices, including required notice periods.

Summarize Pennsylvania financial responsibility requirements and the penalties for operating an uninsured vehicle.

Rewrite every item missed in weeks 1 through 6 as a corrected flashcard stating the governing rule.

Complete two timed 50-question blended quizzes concentrated on your two lowest-scoring domains.

Explain coinsurance and liability policy triggers in writing, from memory, without reference material.

Complete two full-length timed practice exams of 100 questions under exam conditions with no interruptions.

Review each missed item until you can state both the correct rule and the reasoning that makes the distractors wrong.

Recite Pennsylvania-specific limits, notice periods and licensing rules from memory in a single sitting.