Free Florida Property & Casualty Insurance License Exam Practice Test
Realistic 50-question practice exam with instant feedback and score reports.
About this practice exam
Free Florida Property & Casualty Insurance License Exam practice test with 50 realistic multiple-choice questions, instant grading, and explanations. Study with drill mode, category score reports, and a personalized review plan.
Exam format
- 50 multiple-choice practice questions
- Drill mode with instant feedback and explanations after each answer
Study tips
- Review the official exam content outline before your first practice run.
- Take the full practice exam once to establish a baseline score by category.
- Focus review on categories where you score below the passing threshold.
- Re-take missed questions in drill mode until you can explain each correct answer.
- Schedule the real exam only after consistent passing scores on practice tests.
Sample FL P&C practice questions
Try a few representative questions below. Each includes the correct answer and a short explanation — the same style you'll see in the full practice test.
- Question 1Property Valuation
A commercial property policy uses an Actual Cash Value (ACV) endorsement to value a building that is 15 years old and has a replacement cost of $500,000. The building has experienced $100,000 in depreciation due to normal wear and tear. What is the ACV of the building?
- A.$300,000
- B.$400,000(Correct)
- C.$500,000
- D.$450,000
Explanation
Actual Cash Value (ACV) is calculated as Replacement Cost minus Depreciation. In this case, $500,000 (Replacement Cost) - $100,000 (Depreciation) = $400,000 (ACV).
- Question 2Commercial General Liability
Under a Commercial General Liability (CGL) policy, which of the following best describes 'Damages Because of Bodily Injury'?
- A.Any award that compensates the insured for direct financial losses resulting from the injury.
- B.All monetary awards, including punitive damages, awarded to an injured party.
- C.Only compensatory damages, including medical expenses, lost wages, and pain and suffering.(Correct)
- D.All costs incurred by the insured to defend against a lawsuit, regardless of fault.
Explanation
Damages Because of Bodily Injury typically refers to compensatory damages, which aim to make the injured party whole. This includes quantifiable losses like medical bills and lost income, as well as non-economic damages like pain and suffering. Punitive damages are often excluded or limited.
- Question 3Business Interruption Insurance
A business owner has a Business Interruption (BI) policy with a 12-month indemnity period. A fire significantly damages their main production facility, causing operations to cease for 18 months. If the net income before the fire was $200,000 per month, how much will the BI policy pay for the loss of income?
- A.$2,000,000
- B.$1,200,000
- C.$3,600,000
- D.$2,400,000(Correct)
Explanation
The policy has a 12-month indemnity period, meaning it will only cover losses for that duration. Therefore, the payout is limited to 12 months of lost net income: 12 months * $200,000/month = $2,400,000. The additional 6 months of business interruption are not covered.
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Frequently asked questions
How many questions are on this FL P&C practice test?
This practice test includes 50 multiple-choice questions designed to mirror the format and difficulty of the real Florida Property & Casualty Insurance License Exam.
Is this FL P&C practice test free?
Yes. You can start practicing for free. Create an account to save progress, track weak categories, and retake the exam.
Do I get explanations after each question?
Yes. In drill mode you see why the correct answer is right, why distractors are wrong, and practical examples where relevant.
How should I use this practice test to prepare?
Take the full exam under timed conditions, review missed questions by category, then focus study on your weakest sections before scheduling the real exam.
Does this replace official exam materials?
No. Use this as a supplement alongside official candidate information bulletins, textbooks, and hands-on experience required for your license or certification.
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