Adjuster Pro Questions & Answers -
Complete Study Guide
Ron works from home. After a kitchen fire renders his home uninhabitable,
his is forced to rent an apartment in town while the repairs are made. Which
type of coverage could help Ron pay for the cost of renting his apartment?
✔️Ans - Coverage D - Loss of Use
Fred lives near a business that is currently the object of a protest. As police try
and break up the protesters, a riot ensues and spills onto Fred's property,
where protesters set fire to four of his trees. how much can Fred be
indemnified for the loss of all four trees (ignoring any deductible)? ✔️Ans
- Up to $2,000.00 ($500 x 4) Tree and Shrub Replacement
After the collapse of Smiths' balcony, they find there are many new code
requirements then there must have been when the balcony was originally
constructed. Which type of additional coverage can help with the added
expenses needed to rebuild their balcony to current standards? ✔️Ans -
Ordinance of Law coverage
In which section of the policy might you find the following statement?
"Damage to insured property must be reported within 15 days of the
damaging occurrence." ✔️Ans - Conditions of the Policy
Under Coverage F - Medical Payments to Others, the Payment of Claim
provision states: ✔️Ans - Coverage F is voluntary coverage; even if a
claim is paid, it is not an admission of the insured's liability.
Leonard has a dwelling insured under a DP-1 with a limit of liability of
$100,000 and no endorsements. An automobile swerves off the road and
crashes through Leonard's dwelling. The cost to repair the damage to the wall
is $10,000. However, when Leonard attempts to get the permits to do the
repair, he finds out that the current codes require that he perform a $1,000
upgrade to the plumbing in the wall. How much will the policy pay (ignore
deductible)? ✔️Ans - Nothing. Damage from vehicles is not a covered
peril under a DP-1 without endorsement.
, An unendorsed DP-1 Basic Form covers what three perils? ✔️Ans - Fire,
lightning, internal explosion
What properties qualify for a dwelling policy? ✔️Ans - A 4-plex with 5
tenants
A single family dwelling owned by a partnership
A permanently installed mobile home.
Molly leaves town for a one-week vacation. When she returns, she finds that
the back door to her house has been kicked in and damaged. Her laptop is
gone, and - to her surprise- she finds that the copper piping in the basement
has been torn out and stolen as well. She has a DP-3 with coverage for
contents but no additional endorsements. What, if anything, is covered?
✔️Ans - The damage to the door and the copper piping.
Dwelling policies and hometown policies provide a variety of insurance
protections for consumers. What is the primary difference between a typical
homeowners policy and a dwelling policy? ✔️Ans - Dwelling policies do
no provide liability insurance.
Joe has a basic DP-1 policy on his home, without any endorsements. During a
storm, a tree limb is blown down onto his attached garage. The limb crashes
through the roof and land on Joe's water softener tank, destroying it
completely. Which of these damages would be covered under Coverage B in
Joe's policy? ✔️Ans - None
In a dwelling policy, coverage for a stand-alone lamp post in the front yard
would fall under: ✔️Ans - Coverage B
Which of the following statements is TRUE about Coverage C under DP-2 or
DP-3?
A: Rowboats and canoes are covered, but only while on premises.
B: Boats of any kind are covered, but only while on the premises.
C: Coverage for boats is excluded under "general exclusions"
D: Coverage for rowboats is excluded; others are covered ✔️Ans -
Rowboats and canoes are covered, but only while on premises.
Dwelling coverage would provide indemnification for damages to the
following EXCEPT:
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