Adjuster Bundled Exams Compilation Tests

Claims Adjuster Questions and Answers 100% Pass Insurance -an economic device used to protect against extreme unforeseen loss - the transfer of risk from one party to another Premium -the fee paid by the insured in exchange for insurance Principle of Indemnity -the insurer should be restored to wh...

Claims Adjuster Exam Questions and Answers Already Passed Multi Peril-Package Any policy which provides property & liability coverage (not homeowner) ISO policy Sold in Texas, but not Texas form Only Texas DP 1 Mainly the only TDP sold, now with plethora of endorsements Texas Standard Fire Policy...

Insurance Adjuster Questions and Answers Graded A ACV Actual Cash Value ALE Additional Living Expense CE Continuing Education CGL Commercial General Liability CIM Commercial Inland Marine COM Commercial Ocean Marine CPP Commercial Property Policy DTPA Deceptive Trade Practices Act HO Home Ow...

Adjuster Questions and Answers with Verified Solutions Which of the following is NOT one of the duties of the Department of Financial Services? a. License adjusters b. Set rates and write policies for various company products c. Supervise the claims activity of adjusters d. Investigate charges o...

Claims Adjuster Exam 1 Questions and Answers Rated A+ Actual Cash Value (ACV) Cost to replace property with new property of like kind and quality less depreciation. Combined Single Limit One limit per occurrence is what we pay up to Split limit What we pay up to per person and per occurrence Dedu...

Claims Adjuster Final (Multiple Choice Questions) Already Passed An adjuster is a fiduciary agent with a responsibility of loyalty to the interest of The insured and insurer An insurer gives which of the following as Consideration for an insurance policy? A Promise The interest of the insured and ...

Adjuster Pro - Insurance adjuster test latest 2023 already passed What is insurance? protection against financial loss what is a premium a scheduled amount to be paid for an insurance policy. What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when n...

PUBLIC ADJUSTER QUESTIONS AND ANSWERS 100% PASS Program Trigger for terrorist acts must cause a collective damage in excess of? • $100,000,000 TF A public adjuster may own no more than 50% in a salvage or similar business? • F General Average • Loss shared by all parties Particular Average ...

TX ADJUSTER TEST QUESTIONS AND ANSWERS ALREADY PASSED While investigating a claim, you determine that the loss was caused by a defective mechanism in the dishwasher. You would attempt to_________________________? Subrogate Subrogation is the right for an insurer to legally pursue a third party that...

Florida Claims Adjuster Exam Questions and Answers Rated A+ Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointl...

NC Claims Adjuster Exam Study Already Passed Liability Insurance PAP (Part A) Pays all the sums and insured must legally pay as damage due to BI/PD caused by an accident and resulting from the ownership, maintenance or use of a covered auto. Coverage Part A through F of a PAP A. Liability B. Medica...

N.C. Claims Adjuster Exam Latest 2023 Rated A+ Inception/Expiration Date an insurance policy covers the insured starting at 12:01am on the day on which coverage begins and expires at 12:01am on the expiration day of the policy. Occurrence Date Date of which the loss occurred Identification of part...

NC adjuster Exam Questions and Answers Already Passed Inception/Expiration Date The date on which coverage became effective or expired. Policies in North Carolina become effective and expire at 12:01am Occurrence Date The date on which the loss occurred Identification of Parties involve The loss r...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the...