Independent adjuster - Study guides, Class notes & Summaries

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 actual exam Process 2103 (d-i) - CORRECT ANSWER-1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sublicensee must be 18 years of age or older at the time of issuance of such licens...

Accumulated Depreciation - ANSWERSThe total decrease in an item's value over a period of time. Formula:(Annual Depreciation x Number ofyears used) 1-J Acreage Reporting Date - ANSWERSThe deadline for providing the insurer with an acreage report, which is used to determine the amount of coverage needed and the premium charged for a particular crop. 3-E Actual Cash Value (ACV) - ANSWERSA valuation method used by insurers to reflect an item's current market value right before being damaged or...

Catastrophe Fire Independent Adjuster Estimatics Test Version B Answer Key|| QUESTIONS & ANSWERS 2024 ( A+ GRADED 100% VERIFIED)

State Farm Fire Independent Adjuster Certification Study Questions With Correct And Updated Answers

Estimatics Test Version B – Answer Key 1. The formula for determining the area of a trapezoid is: A. ½ Base x Height B. [(Base1 + Base2) ÷ 2] x Height C. Base x Height D.
² 2. The formula for determining the area of a triangle is: A. ½ Base x Height B. [(Base1 + Base2) ÷ 2] x Height C. Base x Height D.
² 3. The formula for determining the area of a circle is: A. ½ Base x height B. [(Base1 + Base2) ÷ 2] x Height C. Base x Height D. ² 4. “On-center” is a term t...

B. By certified mail with a return receipt requested. Some will also send a copy via regular mail in case the certified letter is not accepted. - Insurers usually send denial letters Select one: A. By email to ensure prompt receipt by the insured. B. By certified mail with a return receipt requested. C. By overnight courier. D. By registered mail. D. Subpoenaed. Any written claims communication may be subpoenaed. - As methods of communication evolve, it's important for claims professi...

Estimatics Test Version B – Answer Key 1. The formula for determining the area of a trapezoid is: A. ½ Base x Height B. [(Base1 + Base2) ÷ 2] x Height C. Base x Height D.
² 2. The formula for determining the area of a triangle is: A. ½ Base x Height B. [(Base1 + Base2) ÷ 2] x Height C. Base x Height D.
² 3. The formula for determining the area of a circle is: A. ½ Base x height B. [(Base1 + Base2) ÷ 2] x Height C. Base x Height D. ² 4. “On-center” is a term t...

NY INDEPENDENT GENERAL ADJUSTER EXAM - SERIES 17-70

NY Independent General Adjuster Exam - Series 17-70 (2024) Questions and Answers Latest (2024 / 2025) (Verified Answers)

Texas All Lines Adjuster License Study Guide Exam Questions & Answers 2024 Staff Adjuster - ANSWERSAdjusters who work exclusively for an insurance company Independent adjuster - ANSWERSAn individual who is employed as an independent contractor to an adjusting / staffing company and handles claims for an insurance company Public adjuster - ANSWERSAdjusters that represent the insured by negotiating claims with the insurance company. Insurer - ANSWERSAny insurance company or self-insu...

Connecticut Casualty Adjuster for All Lines Questions and Answers Already Passed Which of the following professional liability policies would also cover bodily injury damages? Architects and Engineers E&O Insurance agents E&O Lawyers E&O Fiduciary Legal Liability Architects and Engineers E&O A person, firm, or corporation that, for compensation, acts on behalf of an insured in negotiating the settlement of certain claims for loss or damage to property is known as a/an: independent adjuster spe...