Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How Texas allows both national ISO policy forms and company-filed custom forms alongside historical state forms. - The distinction between named perils coverage and open perils coverage in Texas homeowners policies. - How replacement cost valuation differs from actual cash value when settling property damage claims. - The role of percentage deductibles, specific exclusions, and policy endorsements in customizing coverage. - Why consumers and agents must review contract language rather than assuming Texas policies are identical. This independent prep episode helps candidates review key Texas insurance concepts. For full practice tools and video content, visit https://open-exam-prep.com/practice/tx-property-casualty and https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026: https://www.tdi.texas.gov/consumer/index.html and https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/124401.pdf