package deal FLORIDA ADJUSTER exam 2023 updated

Florida Claims Adjuster Exam questions and answers 2023Severability Insurance applies separately to each insured as if other insureds did not exist. Abandonment Property insurance policies usually contain a(n) __________ clause, stating the insured cannot dump damaged property on the insure...

Florida Adjuster Licensing test bank Exam correctly answered 2023A claim in the property/casualty industry Is defined as: an assertion of an alleged legal right against a person, entity, company or insurer that carries with it a demand for money as compensation for injuries or damages when y...

Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review(updated 2023)Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or ins...

Florida Public Adjuster State Test with verified answers 2023Florida No-Fault Tort Exemption 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) 1. Significant and Permanent loss of bodil...

Florida 3-20 Public Adjusters State Exam (Set 1) questions & answers 2023The insurer and insured agree to a specific value of insured item Agreed Value Policies Someone who has care, custody or control of another's property Bailee Claim filed by policy holder against his _ First Pa...

Florida 6-20 All Lines Adjuster Test correctly answered 2023 public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public B. The insured Which of the following is the type of report that indicates the initial results of a...

Claims Adjuster (Florida)correctly answered 2023Frank owned a home that was destroyed by a hurricane. Both TD Bank and Bank of America were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, TD Bank B. The Insured C. Joint...

Florida Test Study Guide - Public Adjusting 3-20 (Set 1) verified 2023Those who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? Military Personnel A non-resident owning an automobile in Florida A non-resident subject to Florida no-fault law A forc...

Florida Adjuster All Lines with verified solutions latest 2023The Adjuster's Code of Ethics starts with a basic premise which states: The work of adjusting engages the public trust Once an adjuster is licensed he or she must maintain a continuing education requirement. Select from the follo...

Adjuster Pro - Florida Certified Adjuster Glossary verified answers graded A+ 2023Accumulated Depreciation 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) A valuation method used by insurers to refle...

Adjuster Pro - Insurance adjuster test correct answers 2023What is insurance? protection against financial loss what is a premium a scheduled amount to be paid for an insurance policy. What are premiums used for premiums are collected into a "pool" or "reserve to pay out claimant...

FL All Lines Claims Adjuster questions with correct answers 2023What is an eligible building for flood insurance? A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible commun...

Florida Adjuster licensing questions with complete solutions 2023While driving, Ben was struck by another driver, Roxanne. Ben then filed a claim with Roxanne's insurer. In essence, what was Ben doing when he filed this claim? Alerting Roxanne's insurer of his intent to take the case to court ...