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Texas Adjuster Exam LATEST ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS).
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Texas Adjuster Exam LATEST ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS).
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Texas Adjuster Exam LATEST ACTUALEXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS)
If .an .automobile .policy .has .split .limits .of .30/60/25. .What .is .the .maximum .amount .of .liability .covera
ge .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 .marine .policy? .- .(correct .answer) .-
Pertains .to .Cargo .with .no .fixed .location
Alex .is .traveling .through .College .Station .and .hits .a .deer, .and .the .damages .are .
$1500. .He .has .comprehensive .coverage .with .a .$500 .deductible. .What .will .you .pay? .- .
(correct .answer) .-$1000
This .department .is .responsible .for .making .rates .and .determines .the .rates .charged .by .the .insurer .- .
(correct .answer) .-Actuarial .department
Johnny .has .30/60/25 .limits .on .his .auto .policy, .and .he .negligently .ran .into .a .parked .car .driven .by .St
eve .Garcia. .What .is .the .maximum .amount .of .coverage .that .can .be .provided .for .the .damage .to .Stev
e's .car? .- .(correct .answer) .-25,000
Your .customer .has .HO-B .homeowners .policy .with .a .Coverage .A .limit .os .
$300,000. .His .mortgage .payment .is .
$1,400 .per .month. .He .can't .stay .in .his .home .for .1 .month .due .to .a .claim .that .was .caused .by .smoke
. .He .is .staying .in .a .local .hotel .for .1 .month. .The .cost .of .the .hotel .is .
$900 .for .the .moth. .How .much .will .you .pay .your .policyholder .for .Additional .Living .Expenses .- .
(correct .answer) .-$900
Insurance .for .ocean .vessels .is .the .______ .type .of .insurance? .- .(correct .answer) .-oldest
, Your .insured .has .a .homeowners .policy .with .a .Coverage .A .limit .of .$50,000, .His .coverage .B .limit .is .
$20,000. .His .deductible .is .1%. .He .has .30 .trees .that .are .damaged .during .the .fire. .How .much .are .you
.going .to .pay .on .his .claim? .- .(correct .answer) .-2500
If .you .have .a .covered .loss, .in .excess .of .a .limit, .you .can .apply .that .excess .towards .the .deductible. .T
his .best .describes? .- .(correct .answer) .-Absorbing .the .deductible
What .type .of .contract .exists .when .the .insurance .policy .is .valid .even .though .there .is .an .unequal .exc
hange? .- .(correct .answer) .-Aleatory .Contract
What .is .the .intentional .or .unintentional .impression .by .the .insurance .company .that .a .certain .fact .exi
sts .when .it .does .not? .- .(correct .answer) .-Estoppel
An .event .that .results .in .an .insured .loss ./ .damages. .- .(correct .answer) .-Occurrence
Joseph .ross .owns .a .2014 .Toyota .Avalon. .while .at .the .mall .shopping, .someone .hit .his .car .and .left .a .
big .dent .on .the .right .side .of .his .car. .He .does .not .know .who .hit .his .car, .and .there .are .no .witnesses .
to .this .accident. .What .type .of .insurance .protection .does .he .need .to .protect .him .from .financial .loss .
in .this .situation .- .(correct .answer) .-Comprehensive
Morris .has .a .Texas .Dwelling .policy .on .his .property. .His .property .burns .down .in .a .fire. .He .claims .tha
t .he .has .also .sustained .a .financial .loss .because .he .is .not .able .to .rent .the .property .to .his .tenants. .
What .can .you .tell .him? .- .(correct .answer) .-He .has .coverage .for .loss .of .fair .Rental .Value
Method .of .dispute .resolution .that .occurs .when .there .is .a .dispute .regarding .whether .or .not .somethi
ng .is .covered .under .the .policy .- .(correct .answer) .-Arbitration
A .customer .claims .he .tripped .on .a .stair .in .John's .Art .Gallery .and .broke .his .leg. .The .only .way .the .cu
stomer .will .have .a .successful .claim .against .John's .insurance .is? .- .(correct .answer) .-
John .must .be .found .legally .liable .for .the .incident
Janet .thompson .works .for .universal .insurance .company .of .Texas. .She .is .involved .in .a .work .related .a
ccident .in .the .supply .room. .She .immediately .notifies .her .supervisor .about .the .accident. .Universal .in
surance .company .must .report .the .injuries .within .how .many .days .of .being .notified .of .the .injury? .- .
(correct .answer) .-8 .days
Provisions .in .an .insurance .policy .that .indicates .what .is .not .covered? .- .(correct .answer) .-Exclusions
As .a .public .administrator .you .want .to .get .insurance .for .your .county's .bridges .and .tunnels. .What .kin
d .of .policy .would .you .look .for? .- .(correct .answer) .-Inland .Marine
Lewis .has .a .Texas .dwelling .policy .on .his .property .in .Lewisville .Texas. .His .tenant .called .him .to .tell .hi
m .that .the .property .was .broke .into .and .all .of .his .contents .were .stolen. .Lewis .files .a .claim .for .his .te
nant's .stolen .contents. .What .do .you .tell .Lewis .about .his .claim? .- .(correct .answer) .-
The .contents .are .covered .up .to .10% .of .the .Coverage .B .limit .of .liability.
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