Georgia adjuster 2023 - Study guides, Class notes & Summaries

Insurance Adjuster Exam 2023/2024 Which kind of losses are covered under a standard fire policy? - CORRECT ANSWERDirect All fires are not covered by the Standard Fire policies, only those that: - CORRECT ANSWER-are hostile and have a flame or glow At what time does a fire policy go into affect? - CORRECT ANSWER-12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of damage....

Insurance Adjuster Exam Prep 2023(Questions with Correc t Answers) Graded A+. Suppose a fire occurs on February 26th. On April 30th, the insurance company notifies the mortgagee the insured has not filed a proof of loss. To protect their interest, the mortgagee must file a proof of loss within _________ days after what date? Correct Answer: 60 days after April 30th For recovery under the Standard Fire policy, a party must: Correct Answer: be named in the policy and show an insurable intere...

Insurance Adjuster Exam Questions and Answers 2023 Which kind of losses are covered under a standard fire policy? Direct All fires are not covered by the Standard Fire policies, only those that: are hostile and have a flame or glow At what time does a fire policy go into affect? 12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of damage. What is the maximu...

Insurance Adjuster Exam With 100% Correct Answers 2023. Which kind of losses are covered under a standard fire policy? - Correct answer-Direct All fires are not covered by the Standard Fire policies, only those that: - Correct answerare hostile and have a flame or glow At what time does a fire policy go into affect? - Correct answer-12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000...