Updated 2024/2025 CLAIMS ADJUSTER BUNDLED EXAMS.

Once students decode well, which statement describes the relationship between vocabulary and reading comprehension? - CORRECT ANS Vocabulary is the best single predictor of reading comprehension. In teaching the word invisible, the teacher broke it into the parts in - vis - ible and talked abo...

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. Jointly to ABC and XYZ D. All listed interests - CORRECT ANS ...

Which statement best describes the relationship between reading comprehension and word decoding in a beginning reader's development? - CORRECT ANS Accurate, fast word recognition is necessary for development of reading fluency and text comprehension. Near the close of the day, a kindergarten ...

Peril - CORRECT ANSWER Something that causes a loss. Hazard - CORRECT ANSWER Something that increases the probability that a loss will occur. Warranty - CORRECT ANSWER A policy condition, either based on information in the insureds application or inserted by the insurer. It is a gua...

The insurer and insured agree to a specific value of insured item - CORRECT ANS Agreed Value Policies Someone who has care, custody or control of another's property - CORRECT ANS Bailee Claim filed by policy holder against his _ - CORRECT ANS First Party Claim When a person who en...

A claim in the property/casualty industry Is defined as: - CORRECT ANS an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damages when you purchase insurance, you are buying: - CORRECT A...

Florida No-Fault Tort Exemption - CORRECT ANS Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) - CORRECT ANS 1. Significant and Permanent loss of bodily function. 2.Permanent injury...

The insurer and insured agree to a specific value of insured item - CORRECT ANS Agreed Value Policies Someone who has care, custody or control of another's property - CORRECT ANS Bailee Claim filed by policy holder against his _ - CORRECT ANS First Party Claim When a person who en...

Which of the following is NOT one of the four critical elements of a contract? (A) A mutual understanding and agreement with the terms of the contract. (B) Written evidence of the agreement and its terms. (C)A legal purpose. (D)Consideration, consisting of money or a promise of performan...

Those who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? - CORRECT ANS Military Personnel A non-resident owning an automobile in Florida A non-resident subject to Florida no-fault law A forcible entry into locked premises and the carrying away of ...

What is insurance? - CORRECT ANS protection against financial loss what is a premium - CORRECT ANS a scheduled amount to be paid for an insurance policy. What are premiums used for - CORRECT ANS premiums are collected into a "pool" or "reserve to pay out claimants when needed. h...

Accumulated Depreciation - CORRECT ANS The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - CORRECT ANS A valuation method used by insurers to reflect an item's current market value right before bein...

What is an eligible building for flood insurance? - CORRECT ANS A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible community What is Builders Risk Coverage? - CORR...

If the CV R/E our IV while our IV was stopped at a traffic light and there was an injury in the CV to the driver of the CV, then you would Auto reassign this claim to Causality? - CORRECT ANS No- it should then go to the CV's carrier as they caused the collision and this is not our IV's fault...