100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
GA Claims Adjuster Licensing Exam 2024 Questions With Complete Solutions. $12.99   Add to cart

Exam (elaborations)

GA Claims Adjuster Licensing Exam 2024 Questions With Complete Solutions.

 1 view  0 purchase
  • Course
  • ....
  • Institution
  • ....

GA Claims Adjuster Licensing Exam 2024 Questions With Complete Solutions.

Preview 4 out of 54  pages

  • October 20, 2024
  • 54
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ....
  • ....
avatar-seller
stuuviaa
Name: Score:


129 Multiple choice questions

Term 1 of 129
Required discounts to offer on GA auto policies

Safe driving and accident-free discount; must offer at least 15% discount

Low mileage and vehicle age discount; must offer at least 5% discount

Defensive driving and good student discount; must offer at least 10% discount

Credit score and loyalty discount; must offer at least 20% discount

Term 2 of 129
Which policies have 10/10/30 cancellations? What about 10/10/60? 10/10/75?

Part One - Workers Compensation

personal risk management;
avoidance, retention, reduction, transfer

personal; commercial; workers compensation

a. loss of use

Term 3 of 129
Wave damage and damage caused by striking an underwater object is a peril covered by what
insurance?

"Deductible" on an umbrella policy; self-insured retention


Hull Insurance; Protection and Indemnity

Federal Longshoremen and Harbor Workers Compensation Insurance.


Hull Insurance, Protection & Indemnity Insurance, Ocean Cargo Insurance

,Term 4 of 129
What part of workers comp describes using "gross payroll"?

Part five - premiums

Part six - conditions


Part two - employer's liability


Part one - workers' compensation insurance

Term 5 of 129
What coverage does Community Eligibility apply to?

Broad cause of loss form on a farm property


Personal auto policy

All; open-peril

Flood insurance through FEMA

Term 6 of 129
Inchmaree Clause

Yes. somehow.

Extended coverage; windstorm, civil commotion, smoke, hail, aircraft, vehicle, explosion,
riot


Covers direct damage caused by the bursting of boilers, breaking of propeller shafts, or
loss due to faults or errors in navigation by the crew.

world-wide open peril coverage of personal property for people who are traveling -
luggage, sports equipment, clothes, and camera. NO DEDUCTIBLE.

,Term 7 of 129
Boat, Yacht, Aviation, and Ocean Marine policies carry coverage for physical damage that is
called ___________________. What is their liability coverage called?

Property Insurance; Liability Coverage

Personal Property Insurance; Medical Payments Coverage


Comprehensive Coverage; Collision Coverage

Hull Insurance; Protection and Indemnity

Term 8 of 129
An insured's right of recovery against a negligent third party may be transferred to the insurer
under the:
A - consideration clause
B - indemnity clause
C - subrogation clause
D - assignment clause

C - subrogation clause

66.67% or $550 per week

Particular Average

contracts of adhesion

Term 9 of 129
Difference in Conditions (DIC) Insurance

Basements and underground structure (ex. septic tanks), animals, money/accounts/bills,
land, anything else covered by other policies (motor vehicles, aircraft, watercraft)

None! It has its own policy through the Federal Government.

A separate insurance policy that provides open-perils coverage to fill in the gaps left by
flood coverage if a home is worth over $250K. Coverage is produced through
Excess/Surplus Lines.

d. Difference in Conditions Policy

, Term 10 of 129
What are the floaters available on Personal Inland Marine Insurance?

Personal Articles Floaters, Personal Property Floaters, and Personal Effects Floaters

Homeowners Floaters, Business Floaters, and Auto Floaters

Liability Floaters, Renters Floaters, and Health Floaters


Travel Floaters, Equipment Floaters, and Vehicle Floaters

Term 11 of 129
The maximum number of days that a Standard Flood Insurance Policy will cover property
removed is:
a. 15 days
b. 20 days
c. 30 days
d. 45 days

Animals


d. 45 days

Hull Insurance; Protection and Indemnity

Part One - Workers Compensation
Part Two - Employers Liability Insurance (std lim $100K)
Part Three - Other States Insurance
Part Four - Your Duties if Injury Occurs
Part Five - Premium
Part Six - Conditions

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller stuuviaa. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82013 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart