OK P&C
Oklahoma Property & Casualty Insurance License Exam
Oklahoma regulates Property & Casualty producer licensing through Oklahoma Insurance Department, with the exam delivered by PSI. The combined Property & Casualty exam has 150 questions with a 150 minutes (2.5 hours) time limit. Passing requires 70%. The exam fee is $38. C3RT includes Property & Casualty practice content built specifically for Oklahoma, covering national concepts plus Oklahoma statute, producer duties, and ethics.
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OK P&C Exam Overview
| Detail | Information |
|---|---|
| Full Name | Oklahoma Property & Casualty Insurance License Exam |
| Governing Body | Oklahoma Insurance Department |
| Number of Questions | 150 |
| Time Limit | 150 minutes (2.5 hours) |
| Passing Score | 70% |
| Exam Fee | $38 |
| Category | Insurance Licensing |
| C3RT App Available On | iPhone, iPad, and Mac |
| Official Source | Oklahoma Insurance Department official website ↗ |
OK P&C Content Areas and Domains
Domain areas are sourced from the Oklahoma Insurance Department content outline.
Topics Covered
- ✓ Property insurance basics
- ✓ Homeowners and dwelling policies
- ✓ Personal and commercial auto
- ✓ Commercial package and general liability
- ✓ Workers compensation
- ✓ Inland and ocean marine
- ✓ Flood and specialty lines
- ✓ Oklahoma insurance law and regulations
How C3RT Helps You Pass the OK P&C
Adaptive Practice
Questions adapt to your weak areas automatically so every study session on the OK P&C is time well spent.
Diagnostic Mocks
Full-length mock exams timed to the real OK P&C format with detailed score breakdowns by topic.
Mistake Bank
Every wrong answer is saved for targeted re-drill. The system resurfaces your mistakes until they stick.
Native on iOS & Mac
Built with SwiftUI, not a web wrapper. Instant load, offline support, hardware-speed rendering.
Sample OK P&C Practice Questions
Q1.In Oklahoma, when a self-service storage owner collects insurance premiums from a customer, what is the legal status of those funds?
- The funds are held in a fiduciary capacity for the benefit of the insurer.Correct
- The funds are considered immediate revenue for the owner.
- The owner may use the premiums for facility maintenance and overhead.
- The funds are considered personal assets of the storage owner.
Oklahoma law requires that these premiums be treated as fiduciary funds held for the insurer. The other options incorrectly suggest the owner has immediate ownership or use of the money.
Q2.An owner of a self-service storage facility in Oklahoma collects $100 from a customer for a required insurance policy. How should the owner legally classify these funds?
- As immediate revenue available for facility maintenance and overhead.
- As funds held in a fiduciary capacity for the benefit of the insurer.Correct
- As personal profit to be distributed among the business owners.
- As an unrestricted operating credit that can be used for any business expense.
In Oklahoma, storage owners must treat collected premiums as fiduciary funds held for the insurer rather than immediate revenue. Distractors are incorrect because using these funds for maintenance or personal profit violates the fiduciary requirement.
Q3.An Oklahoma self-service storage owner collects $100 in insurance premiums from a tenant. According to state regulations, what is the legal status of these funds?
- The $100 must be held in a fiduciary capacity for the benefit of the insurer.Correct
- The $100 is considered immediate revenue for the owner's business.
- The $100 can be used immediately for facility maintenance and repairs.
- The $100 is owned by the tenant until the policy period expires.
In Oklahoma, premiums collected by storage owners are legally classified as funds held in a fiduciary capacity for the insurer. The other options incorrectly suggest the owner has immediate ownership or discretionary use of the funds.
OK P&C Frequently Asked Questions
What does OK P&C stand for?
OK P&C stands for Oklahoma Property & Casualty Insurance License Exam. It is administered by Oklahoma Insurance Department.
Who administers the OK P&C?
The Oklahoma Property & Casualty Insurance License Exam (OK P&C) is administered by Oklahoma Insurance Department. For official information, visit the Oklahoma Insurance Department website.
How many questions is the OK P&C?
The OK P&C consists of 150 questions. Candidates are given 150 minutes (2.5 hours) to complete the exam.
What is the passing score for the OK P&C?
The passing score for the OK P&C is 70%, as set by Oklahoma Insurance Department. Scoring methodology and passing standards may be updated periodically. Always verify current requirements with the governing body.
How much does the OK P&C exam cost?
The OK P&C exam fee is $38. This fee is set by Oklahoma Insurance Department and may vary by testing centre, region, or membership status. Additional fees for registration or rescheduling may apply.
How many questions are on the Oklahoma Property & Casualty exam?
The Oklahoma combined Property & Casualty exam has 150 scored questions, a 150 minutes (2.5 hours) time limit, a $38 exam fee. Passing requires 70%. It is delivered by PSI.
Does Oklahoma require prelicensing education for Property & Casualty?
We could not confirm the current Oklahoma prelicensing hour requirement for Property & Casualty from an official source. Check with Oklahoma Insurance Department directly, since requirements change and several states have removed this requirement entirely.
What score do I need to pass the Oklahoma Property & Casualty exam?
Oklahoma requires 70% on the Property & Casualty exam. Confirm the current standard with Oklahoma Insurance Department, since passing standards can change.
Is the Property & Casualty exam different in Oklahoma than in other states?
Partly. Core Property & Casualty concepts are broadly similar nationwide, but Oklahoma tests its own statute, regulations, and producer duties, and its exam structure, fees, and prelicensing requirements are set independently by Oklahoma Insurance Department.
C3RT is a native iOS and macOS exam preparation platform covering the Oklahoma Property & Casualty Insurance License Exam (OK P&C), a Insurance Licensing certification, administered by Oklahoma Insurance Department. C3RT is not affiliated with or endorsed by Oklahoma Insurance Department. Certification names and trademarks are the property of their respective organisations. For official exam registration, eligibility requirements, and content outlines, visit the Oklahoma Insurance Department official website ↗ .