Florida Adjuster (Actual) Exam 2023, Florida all lines adjuster exam 2023 Solved 100% Correct, Florida- 6-20 All Lines Adjuster- Exam Review Latest Updated, Adjuster Pro - Florida Certified Adjuster Glossary Exam Questions and Answers, Florida Test Study Guide - Public Adjusting 3-20 (Set 1) Exam ...
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Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destr...
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Add to cartAccumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destr...
The deductible - ANSWER-The dollar amount that the insured pays before the insurer is required to pay the remainder of the loss is known as? Replacement cost - ANSWER-Which loss settlement provides new for old? the claims adjuster's role in the insurance industry includes - ANSWER-Give approp...
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Add to cartThe deductible - ANSWER-The dollar amount that the insured pays before the insurer is required to pay the remainder of the loss is known as? Replacement cost - ANSWER-Which loss settlement provides new for old? the claims adjuster's role in the insurance industry includes - ANSWER-Give approp...
Liability insurance policies are what kind of contracts - ANSWER-third party contracts third party contracts do what - ANSWER-promise to pay on behalf of the insured all damages two forms of legal liability - ANSWER-civil and criminal liability what is a tort - ANSWER-A civil wrong who i...
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Add to cartLiability insurance policies are what kind of contracts - ANSWER-third party contracts third party contracts do what - ANSWER-promise to pay on behalf of the insured all damages two forms of legal liability - ANSWER-civil and criminal liability what is a tort - ANSWER-A civil wrong who i...
What is Insurance? - ANSWER-A financial tool that protects people from their losses. Transfers risk from one party to another: 1. Insured (people) purchases an insurance policy 2. Insurer provides financial protection to the insured How does Insurance work? - ANSWER-1. Insured pays a premium ...
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Add to cartWhat is Insurance? - ANSWER-A financial tool that protects people from their losses. Transfers risk from one party to another: 1. Insured (people) purchases an insurance policy 2. Insurer provides financial protection to the insured How does Insurance work? - ANSWER-1. Insured pays a premium ...
Those who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? - ANSWER-Military Personnel A non-resident owning an automobile in Florida A non-resident subject to Florida no-fault law A forcible entry into locked premises and the carrying away of the prop...
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Add to cartThose who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? - ANSWER-Military Personnel A non-resident owning an automobile in Florida A non-resident subject to Florida no-fault law A forcible entry into locked premises and the carrying away of the prop...
The insurer and insured agree to a specific value of insured item - ANSWER-Agreed Value Policies Someone who has care, custody or control of another's property - ANSWER-Bailee Claim filed by policy holder against his _ - ANSWER-First Party Claim When a person who entrusts another with an o...
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Add to cartThe insurer and insured agree to a specific value of insured item - ANSWER-Agreed Value Policies Someone who has care, custody or control of another's property - ANSWER-Bailee Claim filed by policy holder against his _ - ANSWER-First Party Claim When a person who entrusts another with an o...
Florida No-Fault Tort Exemption - ANSWER-Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) - ANSWER-1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarri...
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Add to cartFlorida No-Fault Tort Exemption - ANSWER-Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) - ANSWER-1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarri...
Florida No-Fault Tort Exemption - ANSWER-Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) - ANSWER-1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarri...
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Add to cartFlorida No-Fault Tort Exemption - ANSWER-Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) - ANSWER-1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarri...
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