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 MS-PC exam has 100 questions and runs 2 hours 30 minutes.
These 10 free MS-PC questions are organized by exam domain, so you can see how each part of the Mississippi Property & Casualty Insurance Producer Exam blueprint is tested. Reveal the answer and explanation under each question.
A homeowner wants one policy that covers the dwelling, detached structures, and personal property on an open-peril basis, subject to exclusions. Which homeowners form most directly meets that request?
Correct answer: C - HO-5 Comprehensive Form
A covered fire closes a bakery. During the first 48 hours, the owner rents another commercial kitchen and pays rush-delivery charges to keep key contracts. The policy's Business Income coverage has a 72-hour waiting period, while Extra Expense coverage begins immediately. Which coverage is designed for these early costs?
Correct answer: B - Extra Expense
During a hurricane, storm surge moves across normally dry land and enters a house through the ground-level doors. The roof and windows remain intact. Which coverage would most directly address the resulting building and contents damage?
Correct answer: D - A flood policy
A commercial building is valued at $800,000 and carries a $480,000 limit with an 80% coinsurance clause. A covered partial loss is $160,000, and the deductible is $2,000. Assuming the policy limit is otherwise adequate, how much is payable?
Correct answer: C - $118,000
After buying broad insurance, a restaurant owner stops scheduling routine hood-cleaning because any grease-fire damage will be insured. This attitude is best classified as:
Correct answer: D - A morale hazard
An owner-operated warehouse has used only 25% of its total square footage for customary operations for 70 consecutive days. A theft then occurs. Under a commercial property vacancy condition that treats a building as vacant when less than 31% is used for more than 60 days, what is the expected treatment of the theft loss?
Correct answer: B - No payment for the theft loss
A windstorm tears away part of an insured building's roof, and more rain is forecast before the adjuster can arrive. Safe temporary tarping is available. What should the insured do?
Correct answer: A - Promptly notify the insurer, make reasonable temporary repairs, and keep receipts
An insurer and its insured agree that a fire is covered but dispute the repair amount. The insured's appraiser sets the loss at $180,000, the insurer's appraiser sets it at $230,000, and the umpire agrees with the insurer's appraiser. Under the standard appraisal provision, what amount is established?
Correct answer: C - $230,000 because any two participants agreed
A contractor finishes installing a balcony railing, the owner accepts the work, and the balcony is put to its intended use. Four months later, the railing fails and injures a visitor. Which CGL exposure is most directly implicated?
Correct answer: B - Products-completed operations
A driver swerves to avoid a deer, makes no contact with the animal or another vehicle, and the insured auto overturns. Under standard auto physical-damage classifications, the overturn loss is:
Correct answer: A - Collision
The MS-PC exam also covers these domains. Drill them in the full free practice test:
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