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Think deeply about the exact question the agent asked, and only provide that specific information. Never admit to fault. Never admit to even being partially at fault. Never admit that you are uninjured.
Is the Texas property and casualty exam hard? ›The difficulty of the Property and Casualty Exam varies for each individual, depending largely on their background knowledge and preparation. Generally, it's considered challenging due to the extensive range of topics covered.
What is property casualty insurance? ›Property and casualty insurance is a term describing two forms of broad coverage that financially protect you if the property you own is damaged, lost or stolen (representing the “property” portion of the phrase) or if you cause injury to another person or damage to their property (the “casualty” portion).
How to pass the NC property and casualty exam? ›The P&C exam is full of tricky concepts and information that are not common knowledge. Plan to dedicate 35-40 hours of time to learn the material. Give yourself 1-2 weeks to study, minimum. Use the practice exams and quizzes: Your pre-licensing course will include practice exams and mock tests.
What should you not say when making an insurance claim? ›Admitting Fault, Even Partial Fault.
Even if you think you may be partly at fault for the accident, do not discuss this with an adjuster. Avoid any language that could be construed as apologetic or blameful. Admitting any level of fault can eliminate or reduce the compensation that may be available.
Property and Casualty Insurance are types of coverage that help protect your property and those covered by the policy in case of an accident. Property Insurance protects the assets you own. The most common types of property insurance policies are: Homeowners.
What is the basic of P&C insurance? ›Property and casualty (P&C) insurers are companies that provide coverage on assets, as well as liability insurance for accidents, injuries, and damage to others or their belongings. P&C insurers cover a number of things, including auto insurance, home insurance, marine insurance, and professional liability insurance.
What is the difference between property and casualty claims? ›Property insurance helps cover stuff you own like your home or your car. Casualty insurance means that the policy includes liability coverage to help protect you if you're found legally responsible for an accident that causes injuries to another person or damage to another person's belongings.
How many questions are on the NC property and casualty exam? ›Step 4: Take the North Carolina Licensing Exam
Includes a total of 110 scored questions (55 for the property exam plus 55 for the casualty exam).
The state examination for both the Life Insurance license and Accident and Health or Sickness Insurance license is 1 hour and 15 minutes long.
Can you take the NC insurance exam online? ›The state of North Carolina uses Pearson VUE to administer its insurance agent licensing. This means you can register and book all of your licensing examinations through the Pearson VUE website. Your test can be carried out online or in person.
How do I disagree with an insurance claim? ›File a Complaint: If necessary, file a complaint with the insurance company or regulatory authorities. Don't Settle for Less: Refrain from accepting a low settlement offer without proper evaluation. Be Prepared for Legal Action: If negotiations fail, be ready to file a lawsuit to protect your interests.
How do you explain an insurance claim? ›An insurance claim is a formal request from the policyholder to their insurance company asking for payment after a covered incident, such as a hospital stay, a natural disaster, theft, and more.
What should you say in an insurance statement? ›Stick to what you know for sure and be clear and concise in your answers. If you do not know the answer to a question, say so, rather than guessing or making assumptions. “I can't be sure, but I'll bet the other driver was on the phone” is classic speculation that is best left out of a statement.
How to value items for an insurance claim? ›When it comes to the value of specific items, condition is more important than age. An older item that's in excellent condition should be depreciated less than a newer item that's frequently used or one that's regularly exposed to water, sun, wind, etc.
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