Hawaii adjuster - Study guides, Class notes & Summaries

Hawaii adjuster Exam Questions and Answers 100% pass How old do you need to be to obtain a NY license? - Answer- 18 If you have been convicted of a felony what must you get to practice insurance in Hawaii? - Answer- Written consent from the commissioner How often do you renew the Hawaii license? - Answer- every 2 years Who grants the insurance license? - Answer- Insurance Section of the Hawaii Department of Commerce and Consumer Affairs. Who appoints the Insurance commissioner? - Answer-...

Which of the following statements is not correct regarding qualifications for an adjuster's license? - An attorney who adjusts losses from time to time is considered an adjuster. An unauthorized insurance company may also be referred to as a - Surplus lines insurer Which of the following statements is not correct regarding surplus lines insurance? - The surplus lines insurance must be procured at a rate that is lower than the prevailing rate for the same type of coverage A surplus lines b...

Hawaii Adjusters Practice Test 100% Pass Under the Standard Fire policy, how many days of coverage is provided by the policy to cover property moved to another location when the property is endangered by the perils insured against under the policy? - Answer- 5 days When the Hawaii Department is investigating possible insurance law violations, the Commissioner will pay all of the following, EXCEPT: Answer Choices: Cost to search for items designated by the subpoena. Mileage for witnesses ...

In a homeowners policy, Coverage D- Loss of Use will NOT cover: * Meals out when a home is damaged and not habitable * loss of rental income if a renter can't stay in the apartment until damages are repaired * hotel expenses when damage prevents the insured from living in the home * loss of rental income after damage to a rental unit has been fixed, but no new renter has been found* loss of rental income after damage to a rental unit has been fixed, but no new renter has been found The...

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QUESTIONS AND ANSWERS

Hawaii Adjuster License Test 100% Solved 2024 Know all the HO policies (i.e. HO-1, HO2 - HO-8) - Answer- DP policies (dwelling - 1, 2, 3,) - Answer- Commercial Package Policy (CPP) - Answer- Policy that covers two or more lines of business by combining ISO's commercial lines coverage parts. ------------------ An insurance policy that combines coverage for multiple perils, such as liability and property risk. A commercial package policy, or CPP, allows a business to take a flexible appro...

Under the Standard Fire policy, how many days of coverage is provided by the policy to cover property moved to another location when the property is endangered by the perils insured against under the policy? 5 days When the Hawaii Department is investigating possible insurance law violations, the Commissioner will pay all of the following, EXCEPT: Answer Choices: Cost to search for items designated by the subpoena. Mileage for witnesses to attend the hearing. Costs to reproduce rec...