Texas adjusting test - Study guides, Class notes & Summaries

Super-Duper Texas Adjuster License Test Review 3000 Questions and Answers Homeowners Policy: What are the 7 types of personal property that are not covered in an unendorsed homeowners policy? - ANS-(1) Any articles separately described and specifically insured by this or other insurance (2) Animals, birds, or fish (3) Money, coins, securities, credit cards (4) Trailers, semi-trailers, or mobile homes (5) aircraft & parts (6) watercraft (7) Property of roomers or tenants Homeowners ...

Super-Duper Texas Adjuster License Test Review 3000 Questions and Answers Homeowners Policy: What are the 7 types of personal property that are not covered in an unendorsed homeowners policy? - ANS-(1) Any articles separately described and specifically insured by this or other insurance (2) Animals, birds, or fish (3) Money, coins, securities, credit cards (4) Trailers, semi-trailers, or mobile homes (5) aircraft & parts (6) watercraft (7) Property of roomers or tenants Homeowners ...

Super-Duper Texas Adjuster License Test Review 3000 Questions and Answers Bonds/Surety: who is considered the surety in a surety bond? - ANS-The one who guarantees the performance of the principal to the obligee -- usually a bonding agency. The surety is also the one who will pay the obligee if the principal does not perform Business Owners' Policy: A BOP is a(n) ____________ policy for both business and personal property - ANS-open perils / all risk policy Business Owners' Poli...

Super-Duper Texas Adjuster License Test Review 3000 Questions and Answers Bonds/Surety: who is considered the surety in a surety bond? - ANS-The one who guarantees the performance of the principal to the obligee -- usually a bonding agency. The surety is also the one who will pay the obligee if the principal does not perform Business Owners' Policy: A BOP is a(n) ____________ policy for both business and personal property - ANS-open perils / all risk policy Business Owners' Poli...

Adjusting Test Texas Questions All with complete solution A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The only way the customer will have a successful claim against John's insurance is? {{Correct Ans- John must be found legally liable for the incident Meredith was attending this Christmas party that was held at the Riverstone country club. While walking to the restroom she tripped and fell on one of the steps that was broken. The broken step had been co...

Super-Duper Texas Adjuster License Test Review 3000 Questions and Answers Homeowners Policy: What are the 7 types of personal property that are not covered in an unendorsed homeowners policy? - ANS-(1) Any articles separately described and specifically insured by this or other insurance (2) Animals, birds, or fish (3) Money, coins, securities, credit cards (4) Trailers, semi-trailers, or mobile homes (5) aircraft & parts (6) watercraft (7) Property of roomers or tenants Homeowners ...

Adjusting Test 2023 With verified solutions A customer claims he tripped on a stair in John's Art Gallery and broke his leg. The only way the customer will have a successful claim against John's insurance is? - CORRECT ANS John must be found legally liable for the incident Meredith was attending this Christmas party that was held at the Riverstone country club. While walking to the restroom she tripped and fell on one of the steps that was broken. The broken step had been covered u...

Staff Adjuster Adjusters who work exclusively for an insurance company Independent adjuster An individual who is employed as an independent contractor to an adjusting / staffing company and handles claims for an insurance company Public adjuster Adjusters that represent the insured by negotiating claims with the insurance company. Insurer Any insurance company or self-insured. An organization or entity that facilitates the pooling of funds and the payment of benefits (se...