Florida all lines claim - Study guides, Class notes & Summaries

Florida All Lines Claims Adjuster Practice Questions with complete solutions | Latest 2023/2024 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 polic...

Florida statues, rules, and regulations common to all lines (4) Questions and Answers The office of insurance regulation is responsible for all of the following insurer activities EXCEPT {{Correct Ans- Issue of securities Which of the following is NOT a responsibility of the office of insurance regulations? {{Correct Ans- Enacting new insurance laws What are the 2 offices of financial services commission? {{Correct Ans- The Office of Financial Regulation and the Office of Insurance Regula...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...

Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company -Correct Answer B. A general lines agent or a general lines insurance agency Mr. Smith lives in New Jersey but visits Florida each year. When does he come under the Florida No-Fault system, in any 365-day period? Select one: A. After 60 days in Fl...

Florida 2-20 Exam Questions and Answers 100% Pass B. A general lines agent or a general lines insurance agency - Correct Answer ️️ -Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company D. After 90 days in Florida - Correct Answer ️️ -Mr. Smith lives in New Jersey but visits Florida each year. Wh...

Florida 6-20 All Lines Adjuster Test Questions with 100% Verified Correct Answers 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 Report D. None of the above - Correct Answer A. Field Report States have adopted statutes reg...

Texas All-Lines Adjuster course Final Exam [QUESTIONS AND CORRECT ANSWERS) VERIFIED ANSWERS 2024/2025 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. Which of the following is a TRUE statement concerning auto physical damage coverage under a Personal or Busi...

Florida 2-20 Exam Questions and Answers 100% Pass B. A general lines agent or a general lines insurance agency - Correct Answer ️️ -Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An insurance company D. After 90 days in Florida - Correct Answer ️️ -Mr. Smith lives in New Jersey but visits Florida each year. Wh...