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Florida Claims Adjuster Exam Questions with Correct Answers 1 / 36 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 ma...

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...

FLORIDA CLAIMS ADJUSTER EXAM 2024 WITH 100% CORRECT ANSWERS 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 paym...

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...

Adjuster Pro - Insurance Adjusting Exam Questions Reviewed And Revised With Correct Answers <Guarantee Pass |Updated!!> Which of the following statements about the Standard Flood Insurance Policy is FALSE? It is subject to state courts In Ocean Marine insurance, this clause appropriates the loss to one company, rather than spreading the loss among all cargo owners. Particular Average Which of the following situations does NOT involve an insurable risk? Dale just ...

Adjuster Pro - Insurance Adjusting Exam Questions Reviewed And Revised With Correct Answers <Guarantee Pass |Updated!!> 1. Depreciation formula - ANSWER allocation of original costs over the estimated useful life of a tangible asset 2. 3 Types of Deductibles - ANSWER Percentage Franchise 3. Fixed deductible - ANSWER Fixed Specific set amount 4. Percentage deductible - ANSWER Insured party pays a percentage of the total cost, insurance pays ...

Florida Claims Adjuster Exam Latest Update With 200+, Correctly Answered Questions Already Graded A+ |Guaranteed Success| 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 ANS: - D. All listed interests Remember that the insurer is not responsible to know ...

Adjuster Pro - Insurance Adjuster Test Questions and Answers Already Passed What is insurance? protection against financial loss what is a premium a scheduled amount to be paid for an insurance policy. What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimants when needed. how can insurance companies afford to pay for an individuals catastrophic loss? the insurer collects premiums from all policy holders and uses them to pay out the claims ...

NC Adjuster License Practice Exam Combined Set Questions With Reviewed Correct Answers What type of insurance operation is used to insure unusual risks? ANSWER Lloyds of London An insurance company that has its headquarters in New York state doing business in North Carolina would be considered which of the following under North Carolina insurance regulations? ANSWER Foreign Insurer A __________ is a contract type in which the insurer agrees to pay a specific sum of m...

Florida Claims Adjuster Multiple choice questions Exam | 206 Questions with 100% Correct Answers 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 lo...