TEXAS ALL LINES ADJUSTER EXAM Questions and Verified Answers Study Guide Bundle Complete Solutions 2024

If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved. - $30,000 Which of the following statements best describes an inland marine policy? - Pertains to Cargo with no fixed locat...

What is the failure to use that degree of care which n ordinary person of reasonable prudence would use under similar circumstances? - Negligence What is a situation involving a person other than an insured? - Third Party Loss What is the responsibility to another for one's negligence? - Liabili...

Negligence - Failure to use the degree of care that a reasonable person of ordinary prudence would use in light of the surrounding facts and circumstances. Imposes a duty on people to use reasonable care to avoid causing foreseeable harm to foreseeable victims. Goal of these laws is to prevent h...

All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: - While performing a task that a fellow worker requested, that was unusual to the employee's job description, but occurred on the employer's prem...

DP - valuation - DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - 20% of A DP - coverages (A-E) - A - dwelling B - other structures C - personal property D - fair rental value E - additional living expense DP - limit for additional livin...