Adjuster pro florida - Study guides, Class notes & Summaries

Adjuster Pro-Florida Certified Adjuster Glossary Exam Questions with Correct Answers.Adjuster Pro-Florida Certified Adjuster Glossary Exam Questions with Correct Answers.

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Accumulated Depreciation Correct Answer: The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) Correct Answer: A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion Correct Answer: One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms,...

Adjuster Pro-Florida Certified Adjuster Glossary Exam Questions with Correct Answers..Adjuster Pro-Florida Certified Adjuster Glossary Exam Questions with Correct Answers..

Adjuster Pro-Florida Certified Adjuster Glossary Exam Questions with Correct AnswersAdjuster Pro-Florida Certified Adjuster Glossary Exam Questions with Correct Answers

Adjuster Pro - Insurance Adjuster Florida Test 2023 Questions and Answers (Verified Answers)

Adjuster Pro-Florida Certified Adjuster Glossary Exam Questions with Correct Answers..Adjuster Pro-Florida Certified Adjuster Glossary Exam Questions with Correct Answers..

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Re...

FLORIDA CLAIMS ADJUSTER EXAM 2024 WITH 100% ACCURATE SOLUTIONS 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 the event of a loss, one pa...

Adjuster Pro - Florida Certified Adjuster Glossary Questions with 100% Verified Correct Answers 2024/2025 Accumulated Depreciation - Correct Answer The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - Correct Answer A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) Adhesion - Co...