Texas auto insurance - Study guides, Class notes & Summaries

Texas All-Lines Adjuster course Final Exam Questions With Complete Solutions(100%verified) A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - correct answer...We have 6 months to reach a final settlement with you. Janelle has just graduated college and is interested in becoming an adjuster. she would like to be able to handle any type of c...

Texas Auto Insurance Exam Questions with 100% Correct Answers | Latest Version 2024/2025 | Expert Verified | Ace the Test

An example of a direct cause would be? Water Damage as a result of fire fighters putting out a fire. This can be found on a schedule part of an insurance agreement. name of the insured , location of property , and premium and effective date of coverage An insurance agency that conducts business in its home state is called? Domestic Business If a Texas Insurance Company is set up business in a foreign County it is known as? Alien Business These all fall under ethics except? License Fees I...

Texas Auto Insurance Practice Exam Questions with 100% Correct Answers

An example of a direct cause would be? - Water Damage as a result of fire fighters putting out a fire. This can be found on a schedule part of an insurance agreement. - name of the insured , location of property , and premium and effective date of coverage An insurance agency that conducts business in its home state is called? - Domestic Business If a Texas Insurance Company is set up business in a foreign County it is known as? - Alien Business These all fall under ethics except? - License...

An example of a direct cause would be? - Water Damage as a result of fire fighters putting out a fire. This can be found on a schedule part of an insurance agreement. - name of the insured , location of property , and premium and effective date of coverage An insurance agency that conducts business in its home state is called? - Domestic Business If a Texas Insurance Company is set up business in a foreign County it is known as? - Alien Business These all fall under ethics except? - Licen...

An example of a direct cause would be? - Water Damage as a result of fire fighters putting out a fire. This can be found on a schedule part of an insurance agreement. - name of the insured , location of property , and premium and effective date of coverage An insurance agency that conducts business in its home state is called? - Domestic Business If a Texas Insurance Company is set up business in a foreign County it is known as? - Alien Business These all fall under ethics except? - License...

Texas Auto Insurance Exam (2022/2023) Already Passed An example of a direct cause would be? Water Damage as a result of fire fighters putting out a fire. This can be found on a schedule part of an insurance agreement. name of the insured , location of property , and premium and effective date of coverage An insurance agency that conducts business in its home state is called? Domestic Business If a Texas Insurance Company is set up business in a foreign County it is known as? Alien Business T...

Texas Auto Insurance 100% Exam SOLUTION An example of a direct cause would be? - ANSWER Water Damage as a result of fire fighters putting out a fire. This can be found on a schedule part of an insurance agreement. - ANSWER name of the insured , location of property , and premium and effective date of coverage An insurance agency that conducts business in its home state is called? - ANSWER Domestic Business If a Texas Insurance Company is set up business in a foreign County it is know...

Indirect Loss - Answer- A secondary loss that follows from a direct loss to insured property from a covered peril. Ex. Hotel expenses incurred by the insured while a fire-damaged home is repaired is an indirect loss that follows the direct loss of the home. Exclusive Agency System - Answer- An insurance distribution system in which producers (agents) represent a single company. Ex. In the exclusive agency system, insurers use independent contractors (exclusive agents) that represent only on...