P&C Exam
- Thread starter whitneyk
- Start date
Infuego
Expert
I have heard different things about the P&C exam. Some say they breezed right through it and some say they had a very hard time getting through it.
Any suggestions or tips to prepare me for the P&C exam?
I am really bad at test taking and want to be really prepared for it.
Study key facts hard. I have life/ health and I'm going for p&c soon. Each of the tests were tough for me, so I don't think you can over-study.
Its been a number of years since I took the test, and the P&C test is probably a bit harder than the life & health test, but.....
If you have a couple of practice tests to work with, do those a few times and you'll be fine. Personally, I was amazed at how much inland marine stuff was on my test, but that was probably the area I knew the least about so it jumped out at me.
test taking tips:
- Make sure you read the question and the answers. Its very easy to misread the questions they ask, this becomes more obvious if you read all of the answers before selecting an answer.
- If in doubt, go with your initial gut feeling
- If still in doubt, pick the answer that best protects the consumer.
- If still in doubt, pick a random answer, doesn't hurt to try.
- Frequently, questions are asked several times in different ways and they will answer themselves if you watch for this.
- Don't get caught up with any particular question. Finish the test first, then go back if you want.
Dan
If you have a couple of practice tests to work with, do those a few times and you'll be fine. Personally, I was amazed at how much inland marine stuff was on my test, but that was probably the area I knew the least about so it jumped out at me.
test taking tips:
- Make sure you read the question and the answers. Its very easy to misread the questions they ask, this becomes more obvious if you read all of the answers before selecting an answer.
- If in doubt, go with your initial gut feeling
- If still in doubt, pick the answer that best protects the consumer.
- If still in doubt, pick a random answer, doesn't hurt to try.
- Frequently, questions are asked several times in different ways and they will answer themselves if you watch for this.
- Don't get caught up with any particular question. Finish the test first, then go back if you want.
Dan
- 15,041
I noticed that about inland marine as well. I just found it confusing as there are parts that are very similar with similar names and similar but slightly different meanings.
Basically, it is good material for asking test questions, so it seems they really hone in on it.
Basically, it is good material for asking test questions, so it seems they really hone in on it.
Good Day!
All the responses are great! the tips from djs are excellent. I'm newly minted in p&c and thought that i had failed; the test questions WERY confusing. I passed well ahead of the minimum and was quite happy. Study, get to the test early enough to have time to quell your nerves and trust your instincts. GOOD LUCK!!
All the responses are great! the tips from djs are excellent. I'm newly minted in p&c and thought that i had failed; the test questions WERY confusing. I passed well ahead of the minimum and was quite happy. Study, get to the test early enough to have time to quell your nerves and trust your instincts. GOOD LUCK!!
- 948
Very helpful, since I'm probably going to study for the P&C test soon. Weird about the inland marine thing . . . .
- 1,481
When I got my License I spent a lot of time running through the practice tests. An hour every night for a month.
By the time I got to the real test the questions were practically identical.
My advice, Take the practice test over and over and over until you have the questions memorized. if you don't know the answer read about it in the book.
Pass the test then decide if you are going Independent or Captive:
What are your options?
1. Buy an Independent Agency
a. Got to Agentequity.com to find one big enough that the carriers are well fed and plan on staying around after the new owner takes over.
2. Start from Scratch
a. Very difficult to get and feed multiple markets and get additional compensation for years
3. Join the RIGHT group
a. Many Markets, more compensation from day one, ownership, Lower than street cost for common agency tools.
4. Stay Captive but Switch carriers.
a. I had an agent ask me once, “Is it what you do or where you are at that you don't like?”
b. Will another captive carrier culture make you happy?
5. Join an agency or group that does your backroom support
a. Take a large commission cut
b. Often no ownership
c. Often no overrides
d. Often no bonus
e. Often no additional compensation
Why do Aggregators work for all parties involved?
1. The Carriers like it because:
a. Good groups Vet the agents.
b. Good groups ask their agents to be concerned with and control their books of business
c. Good Groups line up the correct products with the correct business plan
d. Good Groups can sell the Carriers product faster by offering more money and exciting 100’s of agents at a time instead of mom/pop shops. (One agent at a time)
2. The Agents like it when they join the right group because:
a. There is more money from Day one.
b. More access to carriers from day one.
c. There is training and support from Day one to help an agent through the learning curve.
d. There is no longer a DM making you write Life.
e. There is freedom to run your business the way you want.
f. There is little to no commitment to produce.
3. The Good Group likes it because:
a. They get a % of the pie.
b. They can negotiate the power of the group with more agents and more geographical spread and share the benefit more.
There are so many options when starting out and going Independent! Slow down and consider them all!
By the time I got to the real test the questions were practically identical.
My advice, Take the practice test over and over and over until you have the questions memorized. if you don't know the answer read about it in the book.
Pass the test then decide if you are going Independent or Captive:
What are your options?
1. Buy an Independent Agency
a. Got to Agentequity.com to find one big enough that the carriers are well fed and plan on staying around after the new owner takes over.
2. Start from Scratch
a. Very difficult to get and feed multiple markets and get additional compensation for years
3. Join the RIGHT group
a. Many Markets, more compensation from day one, ownership, Lower than street cost for common agency tools.
4. Stay Captive but Switch carriers.
a. I had an agent ask me once, “Is it what you do or where you are at that you don't like?”
b. Will another captive carrier culture make you happy?
5. Join an agency or group that does your backroom support
a. Take a large commission cut
b. Often no ownership
c. Often no overrides
d. Often no bonus
e. Often no additional compensation
Why do Aggregators work for all parties involved?
1. The Carriers like it because:
a. Good groups Vet the agents.
b. Good groups ask their agents to be concerned with and control their books of business
c. Good Groups line up the correct products with the correct business plan
d. Good Groups can sell the Carriers product faster by offering more money and exciting 100’s of agents at a time instead of mom/pop shops. (One agent at a time)
2. The Agents like it when they join the right group because:
a. There is more money from Day one.
b. More access to carriers from day one.
c. There is training and support from Day one to help an agent through the learning curve.
d. There is no longer a DM making you write Life.
e. There is freedom to run your business the way you want.
f. There is little to no commitment to produce.
3. The Good Group likes it because:
a. They get a % of the pie.
b. They can negotiate the power of the group with more agents and more geographical spread and share the benefit more.
There are so many options when starting out and going Independent! Slow down and consider them all!
lgallegor
New Member
I had the same experience as Sunniash...I thought for sure I had failed the P&C test and actually got an 88. In PA we need a 70 or better to pass, so I was shocked and thrilled at the score.
I have my LAH license too and thought the P&C was way harder. It just seemed like there was so much more information to cover with the personal and commercial lines.
Study hard and Good Luck on your test!!
I have my LAH license too and thought the P&C was way harder. It just seemed like there was so much more information to cover with the personal and commercial lines.
Study hard and Good Luck on your test!!
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