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HAWAII ADJUSTER EXAM QUESTIONS AND ANSWERS 2024
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HAWAII ADJUSTER EXAM QUESTIONS AND ANSWERS 2024
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HAWAII ADJUSTER EXAMUpon placement of Surplus Lines insurance in Hawaii, the licensed broker must
deliver evidence of coverage to the insured and this evidence must contain which
of the following:
I. Policy number
II. Policy form and edition
III. Effective date of coverage
IV. The amount of the taxes and fees to be collected. - ANSWERS-I, III and IV
Where in the insurance contract can an insured find the terms used throughout
the policy and an explanation as to what they mean in the context of the policy? -
ANSWERS-Definitions
When an insured obtains Surplus Lines coverage independently, and not by a
licensed Surplus Lines broker in Hawaii, how long does the insured have to file a
report with the Hawaii Insurance Commissioner? - ANSWERS-60 days after the
effective date
All of the following statements are true of coverage under a commercial general
liability policy, EXCEPT: - ANSWERS-Liability on the part of the insured must be
proven before an injured party may be paid medical expenses under the medical
payments section of the policy
,"Twisting" always involves some type of: - ANSWERS-Misrepresentation
For a workers' compensation claim to be compensable, the injury suffered by the
employee must meet all of the following criteria, EXCEPT: - ANSWERS- In case of
injury arising out of a motor vehicle accident, the insurer must pay, Must have
occurred on the employer's premises
without regard to fault, to the following persons the amount of PIP benefits that
the person is entitled to recover as a result of an accident, EXCEPT: - ANSWERS-
Payments to blood relatives that suffer mental anguish as a result of the insured
being injured
The Standard Fire policy (SFP) contains an assignment clause. Which of the
following statements is true regarding the assignment clause? - ANSWERS-The
clause states that assignment is permitted with the written consent of the insurer
An insurer or licensee in Hawaii must issue a written response within ______ to
any written inquiry made by the Commissioner regarding a claim or consumer
complaint. - ANSWERS-15 working days
Jones Manufacturing produces a product for resale. They sell all of the items
during the 2014 calendar year. During the year 2014 they are insured by ABC
Insurance Company. In 2015 they change coverage to XYZ Insurance Company.
Late in 2015, a consumer is injured because of a defect in the insured's product.
Who is responsible for the claim? - ANSWERS-The XYZ Insurance Company as
Jones' liability carrier
,Which of the following statements is TRUE concerning the Part D coverage of a
standardized Personal Auto policy? - ANSWERS-It can cover owned and
nonowned automobiles
All of the following are reasons the federal government encouraged private
insurance carriers to participate in the WYO program, EXCEPT: - ANSWERS-To
provide federal government jobs to insurance agents who would be in charge of
selling the WYO policies
In case of cancellation or nonrenewal of a motor vehicle policy, the insurer must
continue PIP coverage and any optional additional coverages until the date of
expiration or for _____ days following notice, which ever date occurs first. -
ANSWERS-30
What is the minimum limit for Coverage L of the Personal Liability Supplement
that can be attached to a Dwelling Property policy? - ANSWERS-$100,000
What is the limit of coverage provided under a Mobile Homeowners policy for
detached structures? - ANSWERS-10% of the Coverage A limit or $2,000
whichever is greater
When an employer self-insures their workers' compensation risks, but would like
to purchase insurance to cover claims that may exhaust their self-insured limits,
what coverage should be purchased? - ANSWERS-Excess coverage
, Trevor purchases a condemned house in a run-down neighborhood that is
scheduled for demolition by the city. He paid $10,000 for the house and wants to
protect his financial investment by purchasing insurance. Which of the following
statements is true? - ANSWERS-The property is not insurable because the loss is
expected
All of the following describe one of the four elements of a negligent act, EXCEPT: -
ANSWERS-The defendant entered into a legal contract with the plaintiff
A 40-year old commercial building is insured with a limit on the building of
$300,000 and has suffered a partial loss as a result of a hot water heater
explosion. It will cost $17,000 for the increased cost of construction to comply
with the building codes and $20,000 for all other covered damages. The building
is covered under a standardized Building and Personal Property coverage form,
with the special cause of loss form attached. The insured submits the proof of loss
for all of the repairs, including the increased costs to comply with the new
building codes. Which of the following describes how this claim will be paid? -
ANSWERS-The insurer will pay $10,000 for the increased cost of construction, plus
$20,000 for the cost of all other covered damages
Adjusters should organize the medical information in the workers compensation
claim file using which of the following methods? - ANSWERS-Placed in
chronological order by the dates of medical treatments and procedures
Which of the following statements is TRUE regarding the deductible of the
Earthquake Endorsement to a Homeowners policy? - ANSWERS-The minimum
deductible offered for the earthquake endorsement is $500
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