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 RI-PC exam has 180 questions and runs 4 hours.
These 10 free RI-PC questions are organized by exam domain, so you can see how each part of the Rhode Island Property & Casualty Insurance Producer Exam blueprint is tested. Reveal the answer and explanation under each question.
A homeowner has an unendorsed HO-3 policy. A thief enters the residence and steals an unscheduled laptop. No special limit or exclusion is implicated. Which coverage analysis is correct?
Correct answer: A - Coverage C can respond because theft is one of its broad named perils.
A bakery carries the Business Income (and Extra Expense) Coverage Form. A covered fire shuts down its ovens at 8:00 a.m. Monday, and the owner rents a mobile oven that afternoon to continue filling orders. Which coverage is designed to pay the necessary same-day rental expense?
Correct answer: C - Extra Expense coverage
At a mortgage closing, a buyer submits an NFIP application and premium because the lender is making a loan secured by the home. A flood occurs five days later. Which waiting-period rule applies?
Correct answer: B - Coverage may begin at the loan transaction; the usual 30-day wait does not apply.
An accounting firm that is not in the business of selling or serving alcohol offers wine at a client reception. An intoxicated guest injures another attendee. Under the standard CGL liquor-liability exclusion, the likely coverage analysis is:
Correct answer: B - The host-liquor exposure is not barred, so Coverage A may respond
A commercial building has a replacement cost of $800,000, an 80% coinsurance clause, a $480,000 limit, and a $2,000 deductible. A covered partial loss is $160,000. The policy applies (limit carried ÷ required insurance) × loss, then subtracts the deductible. Select the correct payment and interpretation.
Correct answer: D - $118,000; the carried-to-required ratio is 75%, so the penalty precedes the deductible
An insured leaves a fully furnished home for a six-week overseas assignment. Utilities remain on, and the home contains the furniture and personal property needed for normal living. The property is best classified as:
Correct answer: B - Unoccupied, but not vacant
Wind tears shingles from an insured roof, and rain is entering the house and damaging ceilings. The insurer cannot send an adjuster until the next day. What should the insured do first under the policy's duties after loss?
Correct answer: C - Take reasonable temporary protective measures, document the damage, and retain receipts
A named insured intentionally sets fire to a mortgaged home. The mortgagee had no knowledge of the act and complies with the policy's premium, notice, and proof-of-loss duties. Under a standard mortgage clause, the likely result is:
Correct answer: A - The mortgagee may retain separate protection even though the insured's claim is barred.
A Rhode Island producer deposits a client's premium into the agency's premium account, then uses part of it to cover payroll, planning to replace it before the insurer's remittance date. This conduct is:
Correct answer: D - Misappropriation of fiduciary funds, even if the amount is later restored
A Rhode Island homeowner cannot obtain basic property insurance in the voluntary market because an inspection finds outdated wiring that can be corrected. The Rhode Island Joint Reinsurance Association may properly:
Correct answer: C - Condition basic coverage on correcting the hazard and satisfying underwriting requirements
The RI-PC exam also covers these domains. Drill them in the full free practice test:
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