FLORIDA ADJUSTER EXAM BUNDLE, VERIFIED/

1 FLORIDA CLAIMS ADJUSTER EXAM QUESTIONS AND ANSWERS, VERIFIED/ Severability - -Insurance applies separately to each insured as if other insureds did not exist. Abandonment - -Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property ...

1 FLORIDA ADJUSTER LICENSING PRACTICE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ A claim in the property/casualty industry Is defined as: - -an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuri...

1 FLORIDA CLAIMS ADJUSTER EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Peril - -Somthing t√dhat causes a loss. Hazard - -Something that increases the probability that a loss will occur. Warranty - -A policy condition, either based on information in the insureds application or inser...

1 FLORIDA ADJUSTER EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+/ VERIFIED/ 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 - -Set rates and write policies for various company products The adjuster has a part...

1 FLORIDA 6-20 ALL LINES ADJUSTER TEST QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - -B. The insured Which of the following is the type of report that indicates t...

1 FLORIDA ADJUSTER ALL LINES EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ The Adjuster's Code of Ethics starts with a basic premise which states: - -The work of adjusting engages the public trust Once an adjuster is licensed he or she must maintain a continuing education requirement. Select fr...

1 ADJUSTER LICENSING (FL)/ EXAM REVIEW QUESTIONS AND ANSWERS, VERIFIED What is a reserve, in insurance terms? - -A pool of collected premiums that the insurer sets aside to pay claims Ricky was watching a baseball game at XYZ Stadium, when the railing on which he was leaning gave way and he ...

1 FLORIDA INSURANCE ADJUSTER LICENSING TEST: QUESTIONS AND ANSWERS, RATED A+ The policy period is found in what part of an insurance contract? - -Declarations Insurance policies are said to be contracts of... - -Adhesion The failure to exercise due care is known as - -Negligence A building is d...

1 ADJUSTERS LICENSE 6-20: REVIEW QUESTIONS AND ANSWERS, RATED A+ / 100% ACCURATE. What is an Insurance Policy - -An Insurance Policy is a Contract (agreement between 2 parties) Insurance Policy in the state of Florida must be? - -Written in order to constitute a policy Legal Definition of Insur...

1 FL ADJUSTER PRACTICE TEST QUESTIONS AND ANSWERS, RATED A+/ VERIFIED/ What requirements must Wholesalers and Distributors meet in order to be eligible for a BOP? - - 25% or less of floor space is available to the general public, and less than 25% of gross income may come from retail sales. Th...

1 ADJUSTER FL LICENSE REVIEW QUESTIONS AND ANSWERS, RATED A+/ VERIFIED/ Each of the following kinds of property may be covered under a building and personal property coverage form except - -Autos for sale are excluded under building and personal property coverage form The insureds home is cove...

1 FLORIDA PUBLIC ADJUSTER STATE TEST QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Florida No-Fault Tort Exemption - -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) - -1. Significant and ...