Minnesota Property & Casualty Insurance License Practice Exam
130 scored questions (plus 15 unscored pretest items; Property, Casualty, and Minnesota state sections), 70% to pass. 20 hours of pre-licensing per line. PSI fingerprinting on exam day ($66.75). Minnesota no-fault auto with 30/60/10 liability limits.
Minnesota Property & Casualty — Study by Topic
Drill Minnesota state law (30 scored items, about 23% of the 130 scored questions) or practice general P&C concepts. Full 130-question timed exam available. No-fault state with 30/60/10 liability limits.
Property Insurance
Homeowners (HO-3/HO-5), dwelling, commercial property, NFIP flood, inland marine, ACV vs. replacement cost, coinsurance.
Casualty & Liability
Auto, CGL, WC, umbrella, bonds, commercial auto BAP symbols, professional liability, MN no-fault/PIP.
Minnesota State Law
Commerce Department, PSI, 20 hours of pre-licensing per line, fingerprinting ($66.75 at PSI), no-fault 30/60/10 liability limits, $40,000 basic economic loss benefits, UM/UIM 25/50, Minnesota Standard Fire Policy, FAIR Plan.
P&C Concepts
Subrogation, indemnity, coinsurance, pro rata/short-rate, insurable interest at loss, certificate of insurance, waiver/estoppel.
🌟 Full MN P&C Exam
130-question timed exam simulating the PSI Minnesota P&C exam. 3 hours. 70% to pass. No-fault state with 30/60/10 liability limits.
About the Minnesota Property & Casualty Insurance Exam
The Minnesota Property & Casualty Producer exam is administered by PSI Services LLC for the Minnesota Department of Commerce, which licenses resident producers. It is a single three-hour exam with 130 scored questions plus 15 unscored pretest items: 50 Property general, 50 Casualty general, and 30 Minnesota state-law questions. PSI's bulletin says you need 70% correct to pass. First-time applicants complete 20 hours of pre-licensing education per line of authority (Minn. Stat. § 60K.36, subd. 4) and must be fingerprinted for a criminal history check.
Minnesota also offers separate 2-hour Property Producer, Casualty Producer, and Personal Lines Producer exams, plus a 1-hour Farm Property & Liability Producer exam that has no pre-licensing requirement. The PSI fee is $45 per producer exam. Exam results are valid for three years, but the fee is forfeited if you do not test within one year of PSI receiving it, and testing before you finish pre-licensing forfeits the fee and voids the result.
Minnesota Property & Casualty Insurance Exam Topic Breakdown
| Section | Questions / Weight | Key Topics |
|---|---|---|
| Property — Types of Policies | 22 | Homeowners (HO-2, 3, 4, 5, 6, 8), dwelling (DP-1, 2, 3), commercial package and property forms, business income, equipment breakdown, businessowners, builders risk, inland marine, NFIP, mobile homes, earthquake, farm owners |
| Property — Insurance Terms and Related Concepts | 15 | Hazards, perils, loss valuation, proximate cause, deductibles, coinsurance, cancellation and nonrenewal, vacancy, binders, endorsements |
| Property — Policy Provisions and Contract Law | 13 | Declarations, insuring agreements, conditions, exclusions, mortgagee rights, proof of loss, appraisal, subrogation, FCRA, Gramm-Leach-Bliley privacy, TRIA |
| Casualty — Types of Policies, Bonds, and Related Terms | 23 | Commercial general liability (coverages A, B, C), personal and business auto, UM/UIM, workers' compensation, crime, surety and fidelity bonds, professional liability, umbrella and excess |
| Casualty — Insurance Terms and Related Concepts | 15 | Risk and hazards, indemnity, insurable interest, negligence, occurrence, warranties, deposit premium and audit, certificates of insurance, damages |
| Casualty — Policy Provisions | 12 | Declarations, insuring agreements, conditions, duties after loss, cancellation and nonrenewal, supplementary payments, other insurance, subrogation, consent to settle, TRIA |
| MN — State Laws Common to Life, Health, Property, and Casualty | 20 | Commissioner's powers, certificate of authority, licensing and appointments, trade practices, unfair claims settlement, licensee compensation, advertising, guaranty association |
| MN — State Laws Pertinent to Property Only | 5 | Definition of adjusters, Minnesota Standard Fire Policy, FAIR Plan |
| MN — State Laws Pertinent to Casualty Only | 5 | Minnesota No-Fault Act (required limits, basic economic loss benefits, UM/UIM, right to sue, assigned claims plan), Minnesota Automobile Insurance Plan, comparative negligence, workers' compensation law and assigned risk plan |
Counts are scored questions from the PSI Minnesota Property & Casualty Producer content outline: 50 Property general, 50 Casualty general, and 30 state (130 scored), plus 5 unscored pretest questions in each of the three sections (15 in all). Pretest items are not identified on the exam.
What Makes the Minnesota Property & Casualty Exam Different
The Minnesota No-Fault Act. Minnesota is a no-fault state, and the casualty-only state items cover required limits, basic economic loss benefits, UM/UIM, the right to sue, the assigned claims plan, and the Minnesota Automobile Insurance Plan. Required residual liability limits are 30/60/10 (Minn. Stat. § 65B.49, subd. 3), and UM/UIM limits are $25,000 per person and $50,000 per accident (subd. 3a).
Basic economic loss benefits are $40,000. Minn. Stat. § 65B.44 sets a minimum of $40,000 per person: $20,000 for medical expense loss and a combined $20,000 for income loss, replacement services, funeral, and survivors' losses. Within that, income loss is 85% of gross income up to $500 per week, replacement services are up to $200 per week, and funeral expense is capped at $5,000.
Property-only state items. Five questions cover the definition of adjusters, the Minnesota Standard Fire Policy, and the FAIR Plan (purpose, eligibility, application, cancellation, coverage, and binders).
Pre-licensing and fingerprints. Minnesota requires 20 hours of pre-licensing per line (Minn. Stat. § 60K.36, subd. 4) and a fingerprint-based criminal history check (Minn. Stat. § 60K.37, subd. 2a). PSI offers electronic fingerprinting on exam day for $66.75, and the Commerce Department also accepts a manual card with a $35 check.
Exam results last three years. Under Minn. Stat. § 60K.36, subd. 6, results are valid for three years from the exam date. Commerce directs applicants to apply through Sircon after passing the exam and submitting fingerprints, and PSI's bulletin says the application must be submitted within 36 months of passing.
Appointment and renewal. Producers must be appointed to transact business, with the insurer filing the appointment within 15 days (Minn. Stat. § 60K.49). Individual licenses expire on the last day of the producer's birth month, and renewals run for 24 months (Minn. Stat. § 60K.55, subd. 2).
Sample Minnesota Property & Casualty Insurance Exam Questions
1. What are the minimum residual liability limits that a Minnesota automobile policy must provide for bodily injury and property damage?
2. Under the Minnesota No-Fault Act, what is the minimum total basic economic loss benefit for any one person, and how is it divided?
3. A Minnesota auto policy must include uninsured and underinsured motorist coverage. What are the minimum limits for injury or death?
Study Tips for the Minnesota Property & Casualty Exam
Property and Casualty general knowledge are each 50 of the 130 scored questions, with the biggest topics being casualty policy types and bonds (23 items) and property policy types (22 items). Know the HO and dwelling forms, CGL coverages A, B, and C, auto coverages, and workers' compensation structure.
The 30-question state section is about 23% of the scored questions, and 20 of those apply to all lines (Commissioner, licensing, appointments, trade practices, guaranty association). Add the No-Fault Act numbers: 30/60/10 liability, 25/50 UM/UIM, and $40,000 of basic economic loss benefits.
Studying for Life & Health too? See our Minnesota Life & Health practice exam. Nearby: the Wisconsin Property & Casualty practice exam.
How to Get Your Minnesota Property & Casualty Insurance License
There are four steps to get your Minnesota Property & Casualty insurance producer license.
Steps to Get Your Minnesota Property & Casualty Insurance License
| Step | What to Do |
|---|---|
| 1. Pre-Licensing Education | Complete 20 hours of Commerce-approved pre-licensing education for each line of authority, such as Property and Casualty. Do this before the exam: testing early forfeits your exam fee and the result does not count. |
| 2. Pass the PSI Exam & Be Fingerprinted | Schedule with PSI at 866-395-1006 or test-takers.psiexams.com/mnins and pay the $45 fee. You need 70% correct on the combined exam. Fingerprinting after the exam at a PSI Minnesota site costs $66.75. |
| 3. Apply for the License | Submit the producer application online through Sircon on the Minnesota Department of Commerce resident producer page. You can apply after passing the exam and submitting fingerprints, and results are valid for three years. |
| 4. Get Appointed & Keep Current | An appointment from an insurer is required to transact business in Minnesota. Then complete 24 CE hours, including 3 hours of ethics, before each renewal deadline. |
Minnesota Property & Casualty Insurance License Requirements at a Glance
| Requirement | Detail |
|---|---|
| Minimum age | 18 (Minn. Stat. § 60K.37, subd. 2) |
| Pre-license education | 20 hours per line of authority (Minn. Stat. § 60K.36, subd. 4) |
| Exam | Property & Casualty Producer: 130 scored + 15 unscored pretest items (50 Property, 50 Casualty, 30 state) |
| Time limit | 3 hours (separate Property, Casualty, or Personal Lines exams: 2 hours each) |
| Passing score | 70% correct (per PSI candidate bulletin) |
| Exam fee | $45 (PSI); non-refundable, forfeited if not used within 1 year |
| Fingerprints | Required; $66.75 at a PSI site on exam day, or manual card with $35 check |
| Auto liability minimums | 30/60/10; UM/UIM 25/50 (Minn. Stat. § 65B.49) |
| Basic economic loss benefits | $40,000 minimum per person ($20,000 medical + $20,000 other) (Minn. Stat. § 65B.44) |
| Exam result validity | 3 years (Minn. Stat. § 60K.36, subd. 6) |
| Continuing education | 24 hours per licensing period, including 3 ethics; at most half company-affiliated |
| Exam provider | PSI Services LLC |
| Licensing authority | Minnesota Department of Commerce |
Verified against the PSI Minnesota Candidate Information Bulletin and content outline, the Minnesota Department of Commerce licensing and CE pages, and Minnesota Statutes chapters 60K and 65B. Confirm current fees with Commerce and PSI before you apply.
Our free Minnesota Property & Casualty practice exam covers general and state content. You can also try the property & casualty practice exam or the insurance license exam study guide.
Interested in where this license leads? See our guide to insurance careers — including salary ranges, how to break in, and what the career looks like day to day.
Frequently Asked Questions — Minnesota Property & Casualty Insurance Exam
How many questions are on the Minnesota Property & Casualty exam?
The combined exam has 130 scored questions: 50 Property general, 50 Casualty general, and 30 Minnesota state-law questions. PSI's outline also lists 5 unscored pretest questions in each section, so 145 items may be delivered. You have 3 hours.
What is the passing score for the Minnesota Property & Casualty exam?
PSI's bulletin says you need 70% correct to pass the exam. The bulletin does not split the 70% by section, and the score report shows your strengths and weaknesses by examination type if you fail.
What are Minnesota's minimum auto liability limits?
Residual liability must be at least $30,000 per person, $60,000 per accident, and $10,000 property damage (Minn. Stat. § 65B.49, subd. 3). Uninsured and underinsured motorist limits are $25,000 and $50,000.
How many pre-licensing hours does Minnesota require?
First-time applicants complete 20 hours of Commerce-approved pre-licensing education per line of authority (Minn. Stat. § 60K.36, subd. 4). Farm Property & Liability has no pre-licensing requirement.
Does Minnesota require fingerprints for an insurance license?
Yes. Producer applicants must be fingerprinted for a criminal history check. PSI recommends doing it electronically at a PSI Minnesota site on exam day for $66.75, and skipping it delays licensing. Alternatively you can submit a manual fingerprint card, a consent form, and a $35 check to the Commerce Department. The consent form expires one year after signing.
How long are Minnesota insurance exam results valid?
Examination results are valid for three years from the date of the exam (Minn. Stat. § 60K.36, subd. 6). PSI's bulletin also notes that a producer license application must be submitted within 36 months after passing, and that the exam fee is forfeited if you do not test within one year of PSI receiving it.
Does Minnesota have separate Property, Casualty, and Personal Lines exams?
Yes. Property Producer, Casualty Producer, and Personal Lines Producer are each 2-hour exams, while the combined Property & Casualty Producer exam is 3 hours.
What are Minnesota's continuing education requirements for producers?
Producers must complete 24 hours of CE before the license renewal deadline, including 3 hours of ethics. No more than half of the hours may come from courses sponsored by or affiliated with an insurance company or its agents (Minn. Stat. § 60K.56), and Commerce says you cannot repeat the same course in a licensing period or earn credit for more than 8 hours in one day. Individual licenses expire on the last day of the producer's birth month, and the Commerce Department lists producer renewal at $50 per line of authority plus the technology surcharge.