What This License Is
An Oregon Property license lets you sell coverage protecting homes, buildings, and personal property against loss — homeowners and dwelling property coverages, commercial property, inland marine, and flood in Oregon. It is issued by the Oregon Division of Financial Regulation.
Licensing runs through the same process as every Oregon producer line — the difference is the focused Property exam. Note that Oregon requires 20 hours of pre-licensing education for this line before you can sit for the exam.
Exam Options & Format
The Property exam is Property Producer (Series 12-12): 100 (+5-10 unscored trial items) questions, 2 hr, $45 per attempt. Passing standard: 70%.
Oregon also offers the combined exam (Property & Casualty Producer (Series 12-04): 150 questions, 2 hr 40 min, $55), which licenses both lines in one sitting. If there is any chance you will sell casualty products later, the combined exam is usually the better value.
Prelicensing education: 40 hours
Oregon requires 20 prelicensing hours per line, so combined Property & Casualty means 40 hours of state-approved coursework.
Your provider issues a Certificate of Completion - bring it (electronic or printed) to the test center. The P&C certificate also satisfies the verification requirement if you later sit the Personal Lines exam.
Holders of the CPCU designation can waive P&C prelicensing by submitting verification of the designation with the license application.
TESTivity recommends [Achievable](https://app.achievable.me/study/insurance-property/purchase#a_aid=getthelicense) to satisfy your Oregon pre-licensing requirement. Achievable is an approved provider, its insurance courses were built by the same subject-matter expert behind TESTivity, and completing the Achievable course earns you the certificate of completion Oregon requires.
One important distinction: TESTivity is not an approved pre-licensing provider in Oregon and does not issue certificates of completion. The TESTivity learning tools and study packages will absolutely help you pass the exam — but treat them as a supplement to your Achievable course, not a substitute for it.
Disclosure: TESTivity has a partnership with Achievable and may earn a commission if you enroll through links on this page.
Fingerprints and background check
First-time applicants submit electronic fingerprints for a state and national background check, captured at an Oregon PSI test site - you can knock them out the same day as the exam.
The fee is $61.25 paid to PSI on site ($46.25 state + $15 PSI), by money order, cashier's/company check, Visa, or MasterCard. Allow up to four weeks for clearance.
Already hold a valid Oregon insurance license and just adding P&C? No reprint needed.
Applying for the license
After passing, apply at NIPR.com. The resident producer license is $75 ($30 application + $45 license to DCBS) plus NIPR's processing fee.
You must be 18+ and either an Oregon resident or maintain a place of business in Oregon. NIPR checks for your passing exam at submission, so apply after the score posts to avoid a pending hold.
You'll need an appointment with an authorized insurer or agency before you can transact business - the license alone doesn't let you write policies.
Continuing education and renewal
P&C producers complete 24 CE hours every two years, including 3 hours of ethics and 3 hours on Oregon statutes and administrative rules.
Renewal lands on the last day of your birth month, biennially. If you also hold L&H, you still owe only 24 hours total - lines don't stack the requirement.
Watch the housekeeping rules: no carryover, no repeating a course within a term, and an 8-credit-hour-per-day cap.
Oregon-specific P&C rules worth knowing
Oregon auto is the highest-yield state topic. Memorize the 25/50/20 liability minimums, the mandatory $15,000 PIP, and the non-waivable uninsured/underinsured motorist bodily injury coverage at 25/50.
Know the Oregon Insurance Guaranty Association (ORS 734.510-.710) for P&C insolvencies - and don't confuse it with the separate Life & Health Guaranty Association.
Oregon Workers' Compensation (ORS Chapter 656) is its own domain: exclusive remedy, covered employment, occupational disease vs. accident, and the benefit structure all show up.
Round it out with the Oregon FAIR Plan and Joint Underwriting Association (residual markets), the Aftermarket Crash Parts Act, total-loss rules, surplus lines basics, and the cancellation/nonrenewal timelines for property, auto, and commercial liability.
Quick Reference
Official Links
Don't study generic. Study Oregon.
You've got the roadmap. Now get the Oregon-specific Property question bank, mock exams, and video course built by instructors with 20+ years teaching this material.