10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The VA P&C exam has 145 questions and runs 2 hours 30 minutes.
These 10 free VA P&C questions are organized by exam domain, so you can see how each part of the Virginia Property & Casualty Insurance Exam blueprint is tested. Reveal the answer and explanation under each question.
A Virginia agency's unlicensed receptionist gives a prospect the agent's name but never discusses policy terms. The agency pays the receptionist a one-time $25 fee for each referral, whether or not the prospect buys insurance. The arrangement is:
Correct answer: D - Potentially allowed under Virginia's nominal fixed-dollar referral exception
A newly licensed Virginia P&C agent who is not yet appointed submits a first application to an insurer for a class the agent and insurer are authorized to transact. Under Virginia's appointment procedure, the insurer must:
Correct answer: A - Within 30 calendar days, reject the application or notify the SCC of appointment
An insurer reports $68 million in incurred losses and loss-adjustment expenses, $100 million in earned premium, $30 million in underwriting expenses, and $120 million in written premium. What are its combined ratio and underwriting result before investment income?
Correct answer: A - 93%; underwriting profit
A commercial building has a replacement value of $800,000 and an 80% coinsurance requirement. The insured carries $480,000. A covered fire causes $120,000 of damage, and the deductible is $2,000. Assuming the standard coinsurance calculation and no other limitation, how much is payable?
Correct answer: B - $88,000
A landlord insures a furnished rental dwelling on a DP-3. A sudden accidental discharge of water from plumbing damages both the dwelling walls and the landlord's furniture. The loss is not otherwise excluded. Which coverage analysis is correct?
Correct answer: C - Both; Coverage A is open peril, and Coverage C includes this water peril
Elena owns and occupies a detached home. She wants personal property protected on the same open-peril basis ordinarily used for the dwelling, rather than only against the listed Coverage C perils. Which homeowners form most directly provides that structure?
Correct answer: A - HO-5 Comprehensive Form
Maya is injured by a driver whose liability insurer has $50,000 available for her claim. Her damages are $180,000, and her Virginia auto policy, renewed August 1, 2025, carries $100,000 of UIM coverage. No named insured made the written alternative-coverage election. Ignoring other insurance, what is the maximum UIM payment available?
Correct answer: C - $100,000, because the post-July 1, 2025 UIM rule is additive
Immediately after a covered auto accident, an insured sees a cyclist bleeding and buys basic first-aid supplies before the insurer can be contacted. The insured does not admit liability or promise further payment. How does the Personal Auto Policy treat this action?
Correct answer: D - Reasonable first aid is an exception to the no-voluntary-payment rule
A controller receives an email convincingly impersonating a regular vendor. Believing it genuine, she authorizes the company's bank to send $86,000 to the fraudster. No one hacked the bank's system or issued an unauthorized instruction directly to the bank. The loss most directly implicates:
Correct answer: B - Fraudulent Impersonation
A Virginia retailer regularly employs three workers in the same business and is subject to the Workers' Compensation Act. After documented attempts, it cannot obtain coverage in the voluntary market. What is the proper next step?
Correct answer: C - Apply through the Virginia Workers' Compensation assigned-risk plan
The VA P&C exam also covers these domains. Drill them in the full free practice test:
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