Ca adjusters license 2024 - Study guides, Class notes & Summaries

CA ADJUSTERS LICENSE PSI EXAM ACTUAL EXAM COMPLETE 200 QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) AND EXPLANATION / ALREADY GRADED A+

Which of the following dwelling forms provides coverage for loss of rental income? - The Basic, Broad and Special Form - The Basic and Broad Forms only - The Broad and Special Forms only - The Special Form only - CORRECT ANSWER The correct answer is: The Basic, Broad and Special Form. EXPLANATION: All of the forms provide for rental value coverage. In the DP-2 and DP-3, it is 20% of the Coverage A limit and is additional coverage. With the DP-1, the 20% coverage reduces the ava...

CA ADJUSTERS LICENSE 2024 QUESTIONS WITH CORRECT ANSWERS ALREADY PASSED AND VERIFIED Which of the following dwelling forms provides coverage for loss of rental income? - The Basic, Broad and Special Form - The Basic and Broad Forms only - The Broad and Special Forms only - The Special Form only - CORRECT ANSWER The correct answer is: The Basic, Broad and Special Form. EXPLANATION: All of the forms provide for rental value coverage. In the DP-2 and DP-3, it is 20% of the Coverag...

CA Adjusters License Exam (2024) || All Questions & 100% Correct Answers CA Adjusters License Exam (2024) || All Questions & 100% Correct Answers Which of the following dwelling forms provides coverage for loss of rental income? - The Basic, Broad and Special Form - The Basic and Broad Forms only - The Broad and Special Forms only - The Special Form only - ANSWER - The correct answer is: The Basic, Broad and Special Form. EXPLANATION: All of the forms provide for rental value co...

CA ADJUSTERS LICENSE PSI 2024 QUESTIONS WITH CORRECT ANSWERS ALREADY PASSED AND VERIFIED Other structures are excluded from coverage under the HO-3 when they are: Smaller than 100 square feet or larger than 1,000 square feet Smaller than 100 square feet or larger than 500 square feet Used for storage purposes Used for business purposes - CORRECT ANSWER Used for business purposes is correct. EXPLANATION: When the other structures are used for business purposes they are not covered...

CA Adjusters license Questions and Answers 2024( A+ GRADED 100% VERIFIED).

Other structures are excluded from coverage under the HO-3 when they are: Smaller than 100 square feet or larger than 1,000 square feet Smaller than 100 square feet or larger than 500 square feet Used for storage purposes Used for business purposes - CORRECT ANSWER Used for business purposes is correct. EXPLANATION: When the other structures are used for business purposes they are not covered under the homeowner form. This structure and its contents could be covered under a comme...

CA Adjusters license Questions and Answers (2024 / 2025) (Verified Answers)

CA ADJUSTERS LICENSE PSI EXAM ACTUAL EXAM COMPLETE 200+ QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) WITH RATIONALES / ALREADY GRADED A+/LATEST The insured has primary bodily injury and property damage liability coverage with a $100,000 limit, and a $1 million umbrella liability policy with a $5,000 self-insured retention limit. In which one of the following situations would the insured's umbrella liability policy typically not provide defense coverage?...