Claims adjuster florida - Study guides, Class notes & Summaries

What is an eligible building for flood insurance?: A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible community What is Builders Risk Coverage?: Covers buildings in the course of completion. Proper coverage is 100% of expected completed value Do all Homeowners policies contain Coverage A?: No, HO-4 (Renters person- al property) What is casual labor in workers' compen...

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 a speculative risk Which of the following is an example of pure risk? CORRECT ANS...

Florida Claims Adjuster Exam 2023 | Questions with 100% Correct Answers | 59 Pages

Claims Adjuster Florida Complete Solutions Rated A For purposes of insurance, a "loss" is best defined as: ️an unwelcomed, unplanned reduction in economic value An automatic sprinkler system in a hotel building is a risk reduction measure because it: ️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: ️a speculative risk Which of the following is an example of pu...

Claims Adjuster Florida 2024/2025 already graded A+

ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY 2024 UPDATE|250+ QUESTIONS AND ANSWERS |ESSENTIAL FOR FLORIDA CLAIMS ADJUSTER LATEST EXAM 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. Formu...

CLAIMS ADJUSTER EXAM FOR FLORIDA SCORED A+ 2024

Florida Claims Adjuster Latest Exam 200 Questions with Correct Answers

Florida 6-20 All Lines Claims Adjuster Test 2023 Questions and Answers (Verified Answers) Florida 6-20 All Lines Claims Adjuster Test 2023 Questions and Answers (Verified Answers)

Claims Adjuster Florida Exam (230 Questions with Correct Answers) Graded A+