Florida Claims Adjuster Exam Questions And Answers
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Florida Claims Adjuster Exam Questions
And Answers
Property insurance policies usually contain a(n) __________ clause, stating the insured cannot
dump damaged property on the insurer and demand its full value:
A. Pro Rata
B. Abandonment
C. Liberalization
D. All of the above B. Abandonment
...
Florida Claims Adjuster Exam Questions
And Answers
Property insurance policies usually contain a(n) __________ clause, stating the insured cannot
dump damaged property on the insurer and demand its full value:
A. Pro Rata
B. Abandonment
C. Liberalization
D. All of the above B. Abandonment
A(n) __________ is one wherein economic loss would be suffered from an adverse happening to
the subject:
A. Conditional Contract
B. Personal Contract
C. Economic Contract
D. Insurable Interest D. Insurable Interest
States that if the insurer adopts a revision which would broaden coverage without additional
premium within some period of time prior to the policy period or during the policy period, the
insured receives the benefit of such broadened coverage.
, Florida Claims Adjuster Exam Questions
And Answers
A. Cancellation Clause
B. Policy Period
C. Pro Rata
D. Liberalization D. Liberalization
The time frame is typically 60 days.
The __________ states that when there is an unbroken connection between an occurrence and
damage that grows out of the occurrence, then the resultant damage is all a part of the
occurrence.
A. Doctrine of Proximate Cause
B. Doctrine of Perils & Hazards
C. Insurance Policy Handbook
D. Doctrine of Property Insurance A. Doctrine of Proximate Cause
For example, if a property insurance policy covers the peril of fire but further damage is caused
by smoke, water used to extinguish, and the process of moving property away - fire is considered
to be the *proximate cause* of all of the damage.
The Loss Settlement Valuation that subtracts an allowance for depreciation is defined as?
, Florida Claims Adjuster Exam Questions
And Answers
A. Actual Cash Value
B. Replacement Cost
C. "Old for New"
D. None of the Above A. Actual Cash Value
A policy condition, either based on information in the insured's application or inserted by the
insurer, is defined as:
A. Warranty
B. Misrepresentation
C. Concealment
D. None of the Above A. Warranty
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 C. Loss of Settlement Contract
, Florida Claims Adjuster Exam Questions
And Answers
The Insurer's responsibility to pay for a property loss may be conditioned on the insured having
used reasonable means to avoid the loss, to protect the property against further loss, and to give
the insurer proof of the loss is defined as?
A. Conditional Contract
B. Adhesion Contract
C. Indemnity Contract
D. All of the Above A. Conditional Contract
"may be conditioned"
Which of the following is not one of the "Thresholds" in the "No-Fault" law?
A. Death of the Insured
B. Temporary Injury of the Insured
C. A permanent loss of a bodily function
D. Permanent scarring on the face of the insured B. Temporary Injury of the Insured
Also included: permanent injury other than scarring and disfigurement
Under Mechanical Breakdown Coverage, new cars are eligible for service up to:
A. 36 Months/36,000 Miles
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