Package deal of ADJUSTER PRO - INSURANCE ADJUSTER TEST(QUESTIONS AND REVIEWED ANSWERS)

ADJUSTER PRO EXAM TEST WITH ANSWERS 2023-2024 Stu has a collection of rare comic books. He wants to purchase theft insurance for his collection, separate from his home and other property. What term most accurately describes the type of policy Stu would purchase? - CORRECT ANSWER-Monoline Poli...

2023-2024 ADJUSTER PRO EXAM PREPARATION Common law is based upon - CORRECT ANSWER-court decisions and customs. cause of loss or damage - CORRECT ANSWER-peril Jim owns a home valued at $187,500, but he only has a $100,000 homeowner's policy and is underinsured. During a storm, lightning strik...

ADJUSTER PRO PRACTICE EXAM TEST DUE ON 2023-2024 John is doing some lawn maintenance using a steel blade on his weed-whacker. He fails to properly tighten the blade and it comes loose while he is trimming some tall grass at the edge of his property. The blade flies off towards his neighbor's...

ADJUSTER PRO 2023-2024 (EXAM TEST) On January 27, 2008, Ryan was using an exercise bike purchased from NusquamCycle when the chain broke, causing him to fall and severely bruise his knee. It seemed to heal just fine, but three years later, on January 25, 2011, Ryan's knee gave out while jo...

QUESTIONS AND ANSWERS FOR INDIANA ADJUSTER PRO 2023-2024 insurance - CORRECT ANSWER-transfer of risk insurance - CORRECT ANSWER-transfer of risk Accident Insurance - CORRECT ANSWER-Covers expenses associated with a covered accident and can extend to ambulance and emergency room expenses, inte...

ADJUSTER PRO FLORIDA CERTIFIED ADJUSTER GLOSSARY 2023-2024 Accumulated Depreciation - CORRECT ANSWER-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 ANSWER-A valuation method used by insurers ...

ADJUSTER PRO 2 EXAM 2023/2024 Agent - CORRECT ANSWER-one who recieves the authority to act on behalf of someone else Sales Agent - CORRECT ANSWER-receives authority to sell -authority given by written contract Insurance Adjuster - CORRECT ANSWER-receives authority to settle claims brought a...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM 2023-2024 - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith...

Adjuster Pro Section-3 2023/2024 The Personal Auto Policy (PAP) - CORRECT ANSWER-A policy that combines liability insurance with other optional coverages PAP Policies can cover - CORRECT ANSWER--Individuals and residing family members -People driving car with owner's permission -Four-wheele...

Adjuster Pro Practice Exam The source of the adjusters authority - CORRECT ANSWER-In the context of insurance adjusting, who is the principal? Coverage is not negotiable - CORRECT ANSWER-When Nancy is pulling into her driveway, she accidentally hit the gas and plowed through her front wall. Sh...

Insurance Adjuster Exam 2023/2024 Which kind of losses are covered under a standard fire policy? - CORRECT ANSWERDirect All fires are not covered by the Standard Fire policies, only those that: - CORRECT ANSWER-are hostile and have a flame or glow At what time does a fire policy go into affect...

Texas Adjuster Exam LATEST 2023/2024 If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved. - CORRECT ANSWER-$30,000 Which of the following statements best describes an inland m...