Florida Test Study Guide - Public Adjusting 3-20 [ Exam Study]
3 views 0 purchase
Course
Florida adjuster course
Institution
Florida Adjuster Course
Florida Test Study Guide - Public
Adjusting 3-20 [ Exam Study]
A commercial property coverage part includes: *Ans*Common policy conditions
Commercial property declarations
One or more causes of loss forms
A forcible entry into locked premises and the carrying away of the property of othe...
Florida Test Study Guide - Public
Adjusting 3-20 [2024-2025 Exam Study]
A commercial property coverage part includes: *Ans*✨Common policy conditions
Commercial property declarations
One or more causes of loss forms
A forcible entry into locked premises and the carrying away of the property of others is a definition of:
*Ans*✨Burglary
A residual market to alleviate the temporary unavailability of property insurance coverage in significant
portions of Florida (e.g. homeowners face non-renewal or cancellations) *Ans*✨Residential Property
& Casualty Joint Underwriting Association for property owners.
A Scheduled Personal Property endorsement under a Personal Inland Marine Policy is usually issued on:
*Ans*✨An Open Peril
A Scheduled Personal Property endorsement under a Personal Inland Marine Policy is usually settled on
*Ans*✨ACV or Agreed Mutual Basis
A statement that is believed to be true when made, which my prove to be false.
*Ans*✨Representation
A statement that is guaranteed to be correct: *Ans*✨Warranty
An earthquake endorsement defines a single earthquake as all earthquake shocks within what period?
*Ans*✨72 Hour Period
An equipment dealers coverage form is designed to provide insurance on *Ans*✨Equipment owned
by the insured
Equipment in the insured's custody for servicing or storage
, Equipment entrusted to the insured dealer for sale
An inland marine coverage which covers the insured's merchandise held for sale, such property that is
sold but not delivered, customers property in the care and custody of the insured, and property being
transported to or from the insured is a: *Ans*✨Dealers Form
Another word for a stand-alone policy? *Ans*✨Monoline Policy
Coverages included under a commercial packaged policy (CPP): *Ans*✨Farm Coverage
Commercial Crime Coverage
Commercial GL
Commercial Property
Commercial Auto
Commercial Inland Marine
Boiler and Machinery
Professional Liability
Employment Practices
DP-1 is basic Dwelling Coverage. What is the only water damaged covered under this form?
*Ans*✨Damage caused by water used to extinguish a fire
DP-3 only provides damage to covered property caused by: *Ans*✨Burglars
Earthquake peril is defined to include: *Ans*✨land
shock waves
or tremors accompanied by volcanic eruption
Exclusions under the theft, disappearance and destruction coverage form. *Ans*✨Fire
Vandalism
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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 AceTests. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.99. You're not tied to anything after your purchase.
