Free Oregon Property and Casualty Practice Exam Online

Correct answer: C. 20 hours

Correct. Oregon requires completion of 20 hours of prelicense training per line of authority before an applicant may sit for the corresponding examination, per OAR 836-071-0180 and DFR producer licensing guidance.

• A: 10 hours is below Oregon's actual prelicense training requirement per line of authority.
• B: 15 hours is below Oregon's actual prelicense training requirement per line of authority.
• D: 40 hours overstates Oregon's requirement; the correct figure is 20 hours per line.

Correct answer: A. Be at least 18 years old and not have committed an act that is grounds for license denial under ORS 744.074

Correct. ORS 744.059 requires an applicant to be at least 18 years old and not have engaged in conduct that would support denial of a license under ORS 744.074.

• B: Oregon's minimum age for a producer license is 18, not 21, and no degree requirement exists in ORS 744.059.
• C: Oregon does not impose a minimum prior-experience requirement on new producer applicants under ORS 744.059.
• D: Oregon does not require U.S. citizenship or a minimum durational residency period to qualify for a resident producer license.

Correct answer: B. Oregon places all lines of authority a producer qualifies for onto a single license

Correct. Per the Division of Financial Regulation's producer licensing guidance, in Oregon all lines of authority a producer has qualified for are combined on a single license.

• A: Oregon does not issue separate physical license documents per line; all qualified lines of authority appear on one license record.
• C: Oregon does recognize distinct lines of authority (e.g., property, casualty, personal lines, life, health) that a producer must separately qualify for through prelicensing and examination.
• D: Producers pay applicable fees when adding a line, not a recurring annual per-line exam fee simply for holding a line already on the license.

Correct answer: D. Electronic fingerprinting and a criminal records check, generally on the same day as passing the exam at a testing center

Correct. Applicants must provide fingerprints and authorize a criminal records check, which is typically completed the same day the exam is passed at a PSI testing center (or via an approved fingerprinting vendor).

• A: Oregon's process does not require a notarized employer letter as part of producer license issuance.
• B: Producer licensing does not require the applicant to submit a personal credit report to an insurer as a licensing condition.
• C: There is no requirement for a personal interview with the Director as part of routine producer licensing.

Correct answer: A. Biennially, with the renewal fee due on the last day of the month of the second anniversary of issuance

Correct. Under ORS 744.072, renewal fees for a resident individual producer license are due on the last day of the month in which the second anniversary of the initial issuance date occurs, and biennially thereafter.

• B: Oregon does not require annual renewal for resident individual producers; the standard cycle is two years.
• C: Oregon's renewal cycle is two years, not five.
• D: Oregon producer licenses do expire and require timely renewal and payment of fees to remain active.