Under Tex. Ins. Code §4051.401, what does a Texas personal lines property and casualty license authorize its holder to write?
A. Any commercial property and casualty insurance for businesses of any size
B. Property and casualty insurance sold to individuals and families primarily for personal or household use
C. Surplus lines placements with unauthorized (non-admitted) insurers
D. Title insurance policies for residential real estate closings
Source: Tex. Ins. Code §4051.401 (Subchapter I, Chapter 4051)
Besides personal lines property and casualty contracts, what additional line of business may a Texas personal-lines-only licensee write under §4051.402, if authorized by the insurer?
A. Workers' compensation insurance for small employers
B. Accident and health insurance contracts for individuals and families for personal, family, or household purposes
C. Commercial general liability insurance
D. Ocean marine cargo insurance
Source: Tex. Ins. Code §4051.402
Under Tex. Ins. Code §4051.403, an agent who already holds a general property and casualty license issued under Subchapter B (Chapter 4051)...
A. Must still separately obtain a personal lines license before writing any personal auto or homeowners policy
B. Is prohibited from writing personal lines business under the general license
C. May write the kinds of insurance described in the personal lines subchapter without a separate personal lines license
D. May write personal lines business only after completing a separate personal-lines-specific licensing exam
Source: Tex. Ins. Code §4051.403
In addition to Subchapters C and E of Chapter 4051, §4051.402 cross-references which other Insurance Code chapter as part of a personal lines licensee's authorized scope?
A. Chapter 2210 (Texas Windstorm Insurance Association)
B. Chapter 542A (Prompt Payment of Certain Claims)
C. Chapter 4056
D. Chapter 4055 (Specialty Agents)
Source: Tex. Ins. Code §4051.402
A Texas agent holds only a personal lines property and casualty license. Under §4051.401's scope, may this agent write a commercial multi-peril policy for a small retail business?
A. Yes, because the personal lines license covers all property and casualty risks regardless of use
B. No, because the license is limited to insurance sold to individuals and families primarily for personal or household use
C. Yes, but only if the business has fewer than five employees
D. Yes, but only with prior written approval from TDI on a case-by-case basis
Source: Tex. Ins. Code §4051.401
