Package deal for QUESTIONS AND ANSWERS FOR FLORIDA 6-20 ALL LINES ADJUSTER TEST

FLORIDA CLAIMS ADJUSTER EXAM TEST 2023/2024 Peril - CORRECT ANSWER-Somthing t√dhat causes a loss. Hazard - CORRECT ANSWER-Something that increases the probability that a loss will occur. Warranty - CORRECT ANSWER-A policy condition, either based on information in the insureds application o...

EXAMS REVIEW FOR FLORIDA CLAIMS ADJUSTER Frank owned a home that was destroyed by a hurricane. Both TD Bank and Bank of America were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, TD Bank B. The Insured C. Joint...

FLORIDA CLAIMS ADJUSTER FINAL EXAM 2023/2024 The following are basic characteristics of a property or liability insurance contract, except: A. Personal Contract B. Conditional Contract C. Loss of Settlement Contract D. Contract of Adhesion - CORRECT ANSWER-Loss of Settlement Contract The In...

REVIEWED QUESTIONS AND ANSWERS FOR FLORIDA CLAIMS ADJUSTER EXAM - 3 This optional provision states that if the insured becomes totally disabled, premiums are waived but the coverage remains in force: A. Waiver of Subrogation B. Waiver of Premium C. Waiver of Value D. None of the Above - C...

PRACTICE QUESTIOS FOR FLORIDA CLAIMS ADJUSTER For purposes of insurance, a "loss" is best defined as: - CORRECT ANSWER-an unwelcomed, unplanned reduction in economic value An automatic sprinkler system in a hotel building is a risk reduction measure because it: - CORRECT ANSWER-reduces the...

FINAL TEST FOR FLORIDA CLAIMS ADJUSTER EXAM Which of the following is NOT one of the duties of the Department of Financial Services? b. Dept does NOT set rates nor write policies - CORRECT ANSWER-Set rates and write policies for various company products The adjuster has a particular relation...

STUDY GUIDES FOR FLORIDA CLAIMS ADJUSTER What is an eligible building for flood insurance? -CORRECT ANSWER- A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible commun...

QUESTIONS AND ANSWERS FOR FLORIDA 6-20 ALL LINES ADJUSTER TEST A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - CORRECT ANSWER-B. The insured Which of the following is the type of report that indicates the i...

COMPLETE TEST FOR CERTIFIED CLAIMS ADJUSTER- FLORIDA Repair, replacement and recovery of injured lives and damaged property falls to? - CORRECT ANSWER-Insurance Adjusters, CAT Troopers, Field Investigators, Property Appraisers and Front Line Supervisors Insurance Transaction includes: - CORRE...

TEST REVIEWS FOR FLORIDA CLAIMS ADJUSTER Florida No-Fault Tort Exemption - CORRECT ANSWER-Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) - CORRECT ANSWER-1. Significant and Permanent l...