New Hampshire Property & Casualty Exam Overview

Welcome to OpenExamPrep's FREE New Hampshire Property & Casualty Insurance exam prep guide. This comprehensive resource covers New Hampshire-specific regulations, licensing requirements, and state insurance laws you need to know to pass your exam and begin your career as a licensed P&C producer in the "Live Free or Die" state.

About the New Hampshire P&C Exam

The New Hampshire Property & Casualty insurance examination is administered by PSI Services on behalf of the New Hampshire Insurance Department (NHID). The exam tests your knowledge of:

• New Hampshire insurance law and regulations (RSA Title XXXVII)
• Property insurance principles and coverages
• Casualty insurance including auto and liability
• Policy provisions and endorsements
• Ethics and professional conduct
• New Hampshire's unique financial responsibility system
• Claims handling and consumer protection

Exam Structure

Important: New Hampshire requires you to pass both the General Knowledge and State Law sections. You must score 70%+ on each section independently to pass.

Pre-Licensing Education Requirements

New Hampshire is one of the few states with NO mandatory pre-licensing education for Property & Casualty insurance:

Education Requirement

Why Study is Still Essential

Despite no required coursework, successful candidates typically invest:

1. General P&C Principles (30-40 hours)

   • Homeowners insurance
   • Commercial property
   • Auto insurance
   • General liability
   • Workers' compensation

2. New Hampshire State Law (20-30 hours)

   • NH Insurance Department structure
   • State regulations (RSA Title XXXVII)
   • Unique financial responsibility laws
   • Consumer protection requirements

3. Practice Exams (10-20 hours)

   • Identify weak areas
   • Build test-taking stamina
   • Aim for 90%+ before scheduling

Exam Tip: While New Hampshire doesn't require pre-licensing education, the 70% passing score is the same. Most successful candidates spend 60-80 hours preparing through self-study and practice exams.

New Hampshire's Unique Insurance Landscape

The "Live Free or Die" Difference

New Hampshire stands alone in U.S. insurance regulation:

What This Means for the Exam

Expect questions on:

• New Hampshire's financial responsibility system (25/50/25 proof)
• When insurance IS required (DWI convictions, SR-22 situations)
• Alternative proof methods (bonds, cash deposits)
• Uninsured motorist considerations
• Consumer protection in an optional insurance market

Critical Exam Topic: New Hampshire's unique "insurance optional" approach is heavily tested on the state law portion. Understand WHY it exists, HOW it works, and WHEN coverage becomes mandatory.

License Application Process

Step-by-Step Process

1. Submit License Application

   • Apply through NIPR (National Insurance Producer Registry)
   • Complete background check authorization
   • Pay $210 application fee
   • Receive approval and Authorization to Test (ATT)

2. Schedule Your Exam

   • Register with PSI Services online
   • Schedule within 90-day window
   • Choose testing center location
   • Up to 3 attempts allowed in 90 days

3. Prepare for Exam

   • Study national P&C principles (40-50 hours)
   • Study New Hampshire state law (20-30 hours)
   • Complete practice exams
   • Review weak areas

4. Take the Exam

   • Arrive 30 minutes early at testing center
   • Bring two forms of identification
   • Pass both sections with 70%+ score
   • Receive instant preliminary results

5. Receive License

   • License issued upon passing exam
   • Valid for 2 years (biennial renewal)
   • Complete CE requirements for renewal

Total Costs

What This Guide Covers

This FREE study guide focuses on New Hampshire state-specific content:

Chapter 1: New Hampshire P&C Regulation & Licensing

• New Hampshire Insurance Department structure and authority
• Producer licensing and continuing education requirements
• Financial responsibility laws and proof requirements
• Ethics and professional responsibilities
• Prohibited practices and disciplinary actions

Chapter 2: New Hampshire Property Insurance

• Homeowners insurance regulations
• Commercial property coverage
• State-mandated disclosures and requirements
• Claims handling standards
• Consumer protection provisions

Chapter 3: New Hampshire Auto & Casualty Insurance

• New Hampshire's unique financial responsibility system (25/50/25)
• When auto insurance IS required in NH
• Uninsured/underinsured motorist coverage considerations
• Liability insurance principles
• Workers' compensation regulations

Chapter 4: New Hampshire Ethics & Professional Conduct

• Fiduciary duties to clients and insurers
• Disclosure requirements
• Consumer protection laws
• Professional standards in New Hampshire
• Market conduct expectations

Note: This guide covers ONLY New Hampshire state law. You must also study national P&C insurance principles to fully prepare for the exam.

Exam Content Distribution

The New Hampshire P&C exam emphasizes:

New Hampshire Insurance Department Contact

Important Resources

Testing Center Information

PSI Services

• Website: www.psiexams.com
• Phone: (833) 518-7458
• Online scheduling available 24/7
• Testing centers in Concord, Manchester, and Portsmouth

How to Use This Guide

Study Strategy

1. Study National P&C Content First (40-50 hours recommended)

   • Use national study guides or textbooks
   • Cover property, casualty, auto, liability thoroughly
   • Master insurance terminology and concepts

2. Read Each Chapter of This Guide - Focus on NH-specific regulations

   • Pay special attention to financial responsibility laws
   • Understand unique New Hampshire approaches
   • Note differences from other states

3. Test Your Knowledge - Complete all quiz questions

   • Focus on areas where you score below 80%
   • Review explanations for wrong answers
   • Retake quizzes until consistent 90%+

4. Review Key Takeaways - Create flashcards from bullet points

   • Focus on NH-specific facts
   • Memorize key numbers (25/50/25, 70% pass, etc.)
   • Practice explaining concepts aloud

5. Take Practice Exams - Aim for 90%+ before scheduling real exam

   • Time yourself (2.5 hours = 150 minutes)
   • Track both overall and section scores
   • Identify patterns in mistakes

Recommended Study Timeline

Success Tip: New Hampshire's 90-day / 3-attempt window creates urgency. However, don't rush—give yourself 4-5 weeks to study thoroughly. The lack of required education means YOU are responsible for your preparation.

Fast-Track Option (3 Weeks)

For experienced professionals or those with insurance background:

CPCU Fast Track

Chartered Property Casualty Underwriter (CPCU) designees have a streamlined path:

CPCU Tip: Focus exclusively on Chapters 1-4 of this guide. You don't need to study national P&C content, but you must master New Hampshire's unique regulations and financial responsibility system.

Unique Exam Challenges

Challenge 1: Financial Responsibility vs. Insurance

Most states test: Mandatory minimum insurance requirements New Hampshire tests: Optional insurance + mandatory proof after incidents

Study Focus:

• Understand when proof is required (accidents, violations, DWI)
• Know alternative proof methods (bonds, cash deposits)
• Master the 25/50/25 financial responsibility amounts
• Recognize mandatory insurance situations

Challenge 2: Uninsured Motorist Coverage

The NH Twist: Higher percentage of uninsured drivers than most states

Study Focus:

• UM/UIM coverage importance in optional insurance market
• Consumer education requirements
• Rejection forms and documentation
• Stack vs. non-stacked coverage

Challenge 3: Consumer Protection

The NH Approach: Strong consumer protections despite minimal mandates

Study Focus:

• Claims handling requirements
• Disclosure obligations
• Fair dealing standards
• Market conduct expectations

Next Steps

Ready to begin? Start with Chapter 1: New Hampshire P&C Regulation & Licensing to learn about the New Hampshire Insurance Department, the state's unique licensing requirements, and New Hampshire's distinctive approach to insurance regulation.

Good luck on your exam! 🎓

Additional Study Resources

Official Sources

• NH Insurance Department
• NH Insurance Laws (RSA Title XXXVII)
• PSI Exam Information

Professional Associations

• Independent Insurance Agents & Brokers of New Hampshire (IIABNH)
• Professional Insurance Agents of New Hampshire
• National Association of Insurance Commissioners (NAIC)

Continuing Education Providers

• Various CE providers for post-license education (24 hours/2 years including 3 hours ethics)