Washington State Insurance Practice Exam 2026 – Comprehensive All-in-One Guide to Exam Success!

Nonconcurrency in insurance terms refers to insurance policies that are written on the same risk but do not have the same coverage basis. This means that each policy covering the same risk may have different terms, conditions, or coverage limits, leading to potential gaps or overlaps in coverage.

Option A is incorrect because nonconcurrency does not specifically refer to different coverage amounts on the same risk.

Option B is incorrect as it refers to insurance written on multiple risks, which does not align with the concept of nonconcurrency focusing on the same risk.

Option C is incorrect because nonconcurrency specifically deals with policies on the same risk that do not have identical coverage terms.