Cal. Code Regs. tit. 10 § 2187.31

Current through Register 2024 Notice Reg. No. 45, November 8, 2024

Section 2187.31 - Prelicensing Education for Property Broker-Agents

(a) Any course taken to satisfy the property broker-agent prelicensing education requirement of Section 1749 of the California Insurance Code shall use the general subject matter derived from the following curriculum:

I. GENERAL INSURANCE (23 questions (31 percent) on the examination -- includes "II. Property Insurance")

A. Basic Insurance Concepts and Principles

B. Contract Law

C. The Insurance Marketplace

1. Distribution Systems

2. Producers

3. Insurers

4. Market Regulation -- General

5. Excess and Surplus (E&S) Lines

II. PROPERTY INSURANCE

A. Legal Concept: Tort Law

B. Property

1. Basics

2. Policies

III. PERSONAL LINES INSURANCE (30 questions (40 percent) on the examination of which 2 exam questions (2 percent) are specific to Homeowners' Insurance Valuation)

A. Insurance on a Residence

1. General Concepts

2. Property Coverage

a. Homeowners Policy

b. Dwelling Policy

3. Liability Coverage -- Comprehensive Personal Liability/Dwelling Liability

4. Endorsements

B. Homeowners' Insurance Valuation

1. General Concepts and Section 1749.85 of the California Insurance Code

2. Insurance on a Residence

3. Earthquake Coverage

4. California Fair Access to Insurance Requirements (FAIR) Plan

5. Fire Mitigation and How it Affects Insurance Costs

C. Inland Marine

1. General Concepts

2. Personal Insurance

D. Government/Pools/Catastrophe -- Property Insurance

1. Earthquake Coverage

2. National Flood Insurance

IV. COMMERCIAL INSURANCE COVERAGES (22 questions (29 percent) on the examination)

A. Insurance Services Office, Inc. (ISO) Commercial Lines Insurance Programs

B. Property Insurance

1. Commercial Property

a. General Concepts

b. Building and Personal Property Coverage Form

c. Causes of Loss Form(s)

d. Property Indirect Damage Insurance

e. Other Endorsements and Coverages

2. Inland Marine

3. Equipment Breakdown Protection Coverage (AKA Boiler and Machinery)

4. Commercial Crime

5. Farm

6. National Flood

7. Ocean Marine

D. Businessowners Policy (BOP)

1. General Concepts

2. Businessowners Policy (BOP) Property Coverages

3. BOP Liability Coverages

(b) The examination required for licensure as a property broker-agent, pursuant to Section 1676 of the California Insurance Code, shall be based on the subject matter reflected in the foregoing curriculum.

Cal. Code Regs. Tit. 10, § 2187.31

1. New section filed 10-22-2014; operative 2-19-2015 pursuant to Government Code section 11343.4(b)(2) (Register 2014, No. 43).

Note: Authority cited: Section 1749.7, Insurance Code. Reference: Sections 1676, 1749 and 1749.1, Insurance Code.

1. New section filed 10-22-2014; operative 2/19/2015 pursuant to Government Code section 11343.4(b)(2) (Register 2014, No. 4