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Adjuster Pro Oklahoma Practice Exam Question & Answers
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Adjuster Pro Oklahoma Practice Exam Question & Answers
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Adjuster Pro Oklahoma Practice ExamQuestion & Answers 2024\2025
The source of the adjusters authority - Correct Answers ✅In the
context of insurance adjusting, who is the principal?
Coverage is not negotiable - Correct Answers ✅When Nancy is
pulling into her driveway, she accidentally hit the gas and plowed
through her front wall. She tries to negotiate the claim with the
adjuster, why is this not possible?
True - Correct Answers ✅True or false: assuring a claimant a policy
is covered without determining the cause of loss is considered
improperly acting as a fiduciary agent?
Civil disputes between parties - Correct Answers ✅Tort Law
The principle of indemnity - Correct Answers ✅Melindas home
sustained $6,500 in damages when Jared ran into it with his truck.
Melinda received $6,599 from her insurance company and Jared also
paid her $5,000. Melinda has now profited from this loss and is in
violation of:
A morale hazard - Correct Answers ✅Robby drives likes to race
other drivers and isn't concerned with damages because of his good
insurance. Robby's behavior is
, Adjuster Pro Oklahoma Practice Exam
Question & Answers 2024\2025
Public adjuster - Correct Answers ✅A fiduciary agent of behalf of
the claimant
Insured - Correct Answers ✅An individual or organization that pays
premiums in exchange for financial protection
Principle of indemnity - Correct Answers ✅Prevents an insured from
making a profit
Policy recission - Correct Answers ✅
Public adjuster - Correct Answers ✅Hired by the claimant and paid
commission
Susan's business is not similar to her husbands - Correct Answers
✅Susan is a successful plastic surgeon and wants to purchase liability
insurance. Her husband, a teacher, is part of a risk retention group and
is quite happy with his insurance. Susan decides to apply to her
husband's group, but her application is denied. Why is this?
A loss - Correct Answers ✅Ninas home is located in a high crime
neighborhood. One day, she comes home from work to find that her
garage door had been vandalized and must be replaced. Nina's insurer
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