Florida adjuster exam new - Study guides, Class notes & Summaries

Claims Adjuster Florida Exam Questions and Answers 100% Pass 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 amount of damage that a fire is likely to do Insuring a new restaurant against business failure is not possible because business success or failure is: - Correct Answer ...

Florida Claims Adjuster Actual Exam 100% Correct Answers (Passed and Licensed) Updated 2023 Best Revision Material Severability -------- Correct Answer -------- Insurance applies separately to each insured as if other insureds did not exist. Abandonment -------- Correct Answer -------- Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property on the insurer and demand its full value.* Insurable Interest -------- Correct...

FLORIDA CLAIMS ADJUSTER EXAM/203 QUESTIONS AND ANSWERS GRADED A 2023 EXAM Severability - √Answer>Insurance applies separately to each insured as if other insureds did not exist. -Abandonment - √Answer>Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property on the insurer and demand its full value. * -Insurable Interest - √Answer>One wherein economic loss would be suffered from an adverse happening to t...

Florida Certified Adjuster Pre-Licensing Exam Questions and Answers Edward is a member of the Knights of Columbus, a religious group dedicated to voluntary service to the benefit of society. He also recently purchased a $100,000 life insurance policy from the organization. This was possible because the Knights of Columbus is: - Ans:-a fraternal benefit society Jason's auto policy states that the insurer may cancel coverage if a premium is more than 30 days late. However, Jason is curren...

FLORIDA CLAIMS ADJUSTER EXAM 2023 206 QUESTIONS AND ANSWERS ALREADY PASSED Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests - ANSWER D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a lo...

1. Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests: D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment is made by the insurer and it is up to the additional interests...

Florida Claims Adjuster Exam 3 | 207 Questions with 100% Correct Answers best solutions 2023/2024/2025 Severability - ANSWER Insurance applies separately to each insured as if other insureds did not exist. Abandonment - ANSWER Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property on the insurer and demand its full value.* Insurable Interest - ANSWER One wherein economic loss would be suffered from an adverse happening t...

NGN ATI Florida Claims Adjuster Exam | 206 Questions with 100% Correct Answers A+ | 2023 Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests Correct Answer: D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In ...

Florida Claims Adjuster Exam Questions and Answers Rated A+ Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests - Answer ️️ -D. All listed interests Remember that the insurer is not responsible to know the degrees of interest. In the event of a loss, one payment...

FLORIDA CLAIMS ADJUSTER LATEST EXAM /CLAIMS ADJUSTER (FLORIDA) 270+ REAL EXAM QUESTIONS AND CORRECT ANSWERS|GRADED A 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 - ANSWER- Loss of Settlement Contract The Insurer's responsibility to pay for a property loss may be conditioned on the insured having used reasonable means to avoid the loss...