New York Property & Casualty Insurance Practice Exam Free - 2026
New York is the most demanding licensing state in the country, with the Department of Financial Services requiring more prelicensing study than almost anywhere else. Make those hours pay off with free exam-style practice. Access 420+ free Property & Casualty questions with detailed explanations.
Exam quick facts. The New York Property & Casualty exam: 150 questions in 150 minutes; passing score 70%; exam fee $40; administered by PSI; 90-hour prelicensing course required. Verified July 2026 against the official candidate handbook. Full details and source
Our New York bank includes 30 questions written specifically on New York property & casualty insurance law - each citing the statute or rule it tests - alongside the national question bank.
How the New York Property & Casualty exam compares
The New York Property & Casualty exam is 150 questions, 150 minutes, a 70% cut score - one combined P&C exam (Series 17-56) for both agent and broker. The examination fee is $40 per examination.
New York requires 90 hours of prelicensing education before you may sit - one of the heaviest classroom requirements in the country.
Property & Casualty questions reviewed by Rebecca Lawson and Robert Hayes — Property & Casualty, 11 years' experience, Phoenix, AZ; Property & Casualty and Personal Lines, 13 years' experience, Denver, CO.
Figures above are taken from NY DFS / PSI Candidate Information Bulletin and were verified in July 2026. Requirements change - confirm current details with your state insurance department before you book.
Official content outline: what the New York Property & Casualty exam tests
New York Property and Casualty Insurance Agent/Broker (Series 17-56)
150 questions, 2.5-hour time limit, 70% to pass
| Outline section | Questions / weight |
|---|---|
| Insurance regulation | 9% |
| General insurance | 9% |
| Property and casualty insurance basics | 13% |
| Dwelling (2014) policy | 6% |
| Homeowners (2011) policy | 14% |
| Auto insurance | 11% |
| Commercial package policy (CPP) | 11% |
| Businessowners (2010) policy | 8% |
| Workers' compensation insurance | 8% |
| Other coverages and options | 7% |
| Accident and health insurance | 4% |
New York state law on the exam: 9% as a named section, plus New York statute citations inside almost every product section
- Licensing: agent and broker licenses, appointment and termination of appointment (Insurance Law 2103, 2104, 2112; Regulations 9, 18, 29)
- Unfair and prohibited practices: misrepresentation and false advertising (2123, 2603; Regulation 64), rebating, and the unfair claims settlement rules (2601; Regulation 64 Part 216)
- Prohibition of geographical redlining and the use of insurance credit scores (3429-3433; Regulation 90)
- Representations, warranties, rescission and concealment (3105, 3106)
- New York-specific policy provisions: the DP 01 31 and other New York endorsements, hired and non-owned auto (BP 04 36), no-fault auto and the Motor Vehicle Accident Indemnification Corporation
- The New York Property Insurance Underwriting Association (FAIR Plan, 5401-5412) and the Coastal Market Assistance Program
PSI weights the New York exam by percentage rather than by fixed counts, and it is one of the few P&C exams with an accident-and-health section. Homeowners, auto and the commercial package policy together make up more than a third of the questions, and the New York endorsements named in the outline (DP 01 31, BP 04 36) are asked about by form number.
Source: PSI New York Insurance Licensing Candidate Information Bulletin - Series 17-56 content outline (effective Current bulletin (read September 2026)). Outlines change; confirm with the current document before you book.
Choose Your Practice Mode
- Vendor: PSI Services
- Questions: 150 questions
- Time limit: 150 minutes
- Passing: 70% correct
- Exam fee: $40 per examination
- Prelicensing: 90 hours for the Property/Casualty line
Verified July 2026 from the NY DFS / PSI Candidate Information Bulletin. Always confirm with the current official candidate handbook.
Don't just aim to pass a practice test once - retake it until you score comfortably above your state's passing mark two or three times in a row. Read the explanation after every question, even the ones you get right, to lock in the rule before exam day.
New York Property & Casualty Exam Topics
Free New York Property & Casualty Practice Questions with Answers
12 sample questions from the 420-question Property & Casualty bank behind the interactive tests. Expand a question to check the answer and the reasoning behind it.
- A. Any licensed New York insurance agent
- B. Any person who has passed the property and casualty examination
- C. A person or entity licensed as an insurance broker under Insurance Law 2104, or licensed as an excess line broker in its home state
- D. Only attorneys admitted in New York
Correct answer: C. A person or entity licensed as an insurance broker under Insurance Law 2104, or licensed as an excess line broker in its home state
Explanation: An excess line broker license may be issued only to a person, firm, association, or corporation that is licensed as an insurance broker under section 2104, or that holds an excess line broker license in its home state. The license runs with the qualifying broker license and is renewable for 24 months, with annual fees of $200 in counties of 100,000 or more population and $25 elsewhere. Placing business with an unauthorized insurer outside this license violates the ban on aiding unauthorized insurers. See N.Y. Ins. Law 2105; 2117.
- A. Compensation is paid from the first day because the disability exceeded seven days
- B. No compensation is payable because the disability was under 30 days
- C. Compensation is paid for all 12 days because the disability exceeded 10 days
- D. No compensation is paid for the first seven days; it would be paid from the first day only if the disability lasted more than 14 days
Correct answer: D. No compensation is paid for the first seven days; it would be paid from the first day only if the disability lasted more than 14 days
Explanation: New York allows no compensation for the first seven days of disability (medical benefits under section 13 are still provided), except that when the injury results in disability of more than 14 days, compensation is allowed from the date the disability began. A 12-day disability therefore pays only for days 8 through 12. Total disability benefits are two-thirds of the employee's average weekly wage, subject to the statutory maximum. See N.Y. Workers' Comp. Law 12 and 15.
- A. Up to $1,000
- B. Up to $2,500
- C. Up to $5,000 plus the amount of the claim
- D. Up to $10,000
Correct answer: C. Up to $5,000 plus the amount of the claim
Explanation: A person who commits a fraudulent insurance act is subject to a civil penalty not exceeding $5,000 and the amount of the claim for each violation, in addition to criminal liability. New York also requires applications and claim forms to carry a fraud warning stating that knowingly filing false information is a crime and subjects the person to a civil penalty of up to $5,000 and the stated value of the claim. See N.Y. Ins. Law 403(c) and 403(d).
- A. $500 per offense; $2,500 in the aggregate
- B. $1,000 per offense; $5,000 in the aggregate
- C. $5,000 per offense; $25,000 in the aggregate
- D. $250 per offense; $1,000 in the aggregate
Correct answer: A. $500 per offense; $2,500 in the aggregate
Explanation: Where the Superintendent could revoke or suspend a license, he or she may instead impose a penalty not exceeding $500 for each offense and not exceeding $2,500 in the aggregate for all offenses. Separate statutory penalties apply to specific acts, such as $500 for each rebating violation and $500 per transaction for aiding an unauthorized insurer. See N.Y. Ins. Law 2127.
- A. A state where the at-fault driver's insurer must pay every party's injury and vehicle losses in full
- B. A state where injured drivers may sue the at-fault party for any amount without any threshold or limit
- C. A state where each driver's own insurance pays all vehicle damage but injury claims are settled by fault
- D. A state where each driver's own insurance pays their injury and related economic losses regardless of fault
Correct answer: D. A state where each driver's own insurance pays their injury and related economic losses regardless of fault
Explanation: In a no-fault state each driver's own policy pays personal injury protection benefits such as medical expenses and lost wages regardless of who caused the accident, which limits lawsuits and speeds payment. In most no-fault states vehicle property damage is still handled on a fault basis or through the owner's own collision coverage; Michigan is an exception, limiting recovery for vehicle damage to a small capped mini-tort claim. No-fault does not mean the at-fault driver's insurer pays everyone's losses in full, it restricts rather than expands the right to sue, and it applies to injury benefits, not to a reversal where vehicle damage is no-fault and injuries are fault-based.
- A. Dwelling, other structures, personal property, loss of use, liability, and medical payments
- B. Dwelling, personal property, collision, comprehensive, liability, and uninsured motorist
- C. Dwelling, other structures, personal property, loss of use, flood, and earthquake
- D. Dwelling, other structures, personal property, loss of use, liability, and workers compensation
Correct answer: A. Dwelling, other structures, personal property, loss of use, liability, and medical payments
Explanation: A standard homeowners policy includes: Coverage A (dwelling), Coverage B (other structures), Coverage C (personal property), Coverage D (loss of use), Coverage E (personal liability), and Coverage F (medical payments).
- A. The home's structure plus any detached buildings on the lot
- B. The structure of your home and attached structures
- C. Your furniture, clothing, and other contents of the home
- D. The land under the home and its landscaping
Correct answer: B. The structure of your home and attached structures
Explanation: Dwelling coverage (Coverage A) protects the physical structure of your home and any structures attached to it, such as an attached garage or deck, against covered perils.
- A. Structures attached to the dwelling like an attached garage or deck
- B. Structures on your property that are rented to others or used for a business
- C. Detached structures on your property like fences, sheds, or detached garages
- D. Personal property stored in outbuildings like sheds or detached garages
Correct answer: C. Detached structures on your property like fences, sheds, or detached garages
Explanation: Other structures coverage (Coverage B) protects structures on your property that are not attached to the dwelling, such as detached garages, fences, storage sheds, and pools.
- A. Your belongings while they are inside the home
- B. Your belongings and any motor vehicles kept at home
- C. Your belongings and the building's fixtures
- D. Your belongings both at home and while traveling
Correct answer: D. Your belongings both at home and while traveling
Explanation: Personal property coverage (Coverage C) protects your personal belongings, including furniture, clothing, and electronics, whether at home or temporarily away from home (like while traveling).
- A. Coverage for additional living expenses if your home is uninhabitable
- B. Coverage for lost business income if your home office is damaged
- C. Coverage for the mortgage payments due while your home is being repaired
- D. Coverage for the loss in market value of your home after a covered loss
Correct answer: A. Coverage for additional living expenses if your home is uninhabitable
Explanation: Loss of use coverage (Coverage D) pays for additional living expenses like hotel stays and restaurant meals if your home becomes uninhabitable due to a covered loss.
- A. The broad form homeowners policy with named-peril coverage for the dwelling and personal property
- B. The most common homeowners policy with open-peril dwelling and named-peril personal property coverage
- C. The comprehensive homeowners policy with open-peril coverage for the dwelling and personal property
- D. The modified coverage homeowners policy with basic named perils and actual cash value settlement
Correct answer: B. The most common homeowners policy with open-peril dwelling and named-peril personal property coverage
Explanation: HO-3 is the most common homeowners policy. It provides open-peril (all-risk) coverage for the dwelling and named-peril coverage for personal property.
- A. A unit-owners policy for condominium owners
- B. A broad form policy for homeowners
- C. A renter's insurance policy for tenants
- D. A policy for older or historic homes
Correct answer: C. A renter's insurance policy for tenants
Explanation: HO-4 is renter's insurance. It covers the tenant's personal property and liability but not the building structure (which is the landlord's responsibility).
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Frequently Asked Questions
Other Insurance Exams in New York
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Official New York Insurance Resources
Important external links for New York insurance licensing information
New York Department of Financial Services
Official state regulator for insurance licensing, requirements, and exam information.
New York Department of Financial Services
New York's insurance regulator - licensing requirements, applications, and consumer information.
PSI Services - Exam Scheduling
Official testing vendor for this state's insurance licensing exams - scheduling, locations, and policies.
Official Candidate Handbook / Content Outline
NY DFS / PSI Candidate Information Bulletin - exam structure, fees, and the authoritative topic outline.
NAIC - National Association of Insurance Commissioners
The standard-setting and regulatory support organization for state insurance regulators.
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