Texas All Lines Adjuster Exam Test Bank 2024

Texas all lines adjuster exam 378 Questions with 100% Correct Answers 36 Pages 2022/2023 Texas all lines adjuster exam | 378 Questions with 100% Correct Answers | 36 Pages All of the following are criteria for an accident to have occurred "in th...

Texas All Lines Adjuster Test 2024 Verified Questions Graded A+

What is the failure to use that degree of care which n ordinary person of reasonable prudence would use under similar circumstances? Negligence What is a situation involving a person other than an insured? Third Party Loss What is the responsibility to another for one's negligence? Lia...

If an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved. - Answer- $30,000 Which of the following statements best describes an inland marine policy? - Answer- Pertains to Cargo with...

Texas All Lines Adjuster Test 2024 Measures taken by an insurance company to ensure that their exposure is not too high and to control the effect of a loss; for example, an insurer might charge higher premiums to drivers who have received speeding tickets. - correct answer Risk Management A ...

Texas All Lines Adjuster Test Accumulated Depreciation - Answer- The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) Acreage Reporting Date - Answer- The deadline for providing the insurer with an acreage report, which is used to de...

Texas All Lines Adjuster Exam The insured has filed a claim under the "Business Income Department Properties - Broad Form" because the primary buyer of products and services from the business has filed for bankruptcy under this form the primary buyers business would be known as --------- CORRECT ...

Texas All Lines Adjuster Exam 2024 All of the following are criteria for an accident to have occurred "in the course of" the employment under a workers' compensation policy, EXCEPT: While performing a task that a fellow worker requested, that was unusual to the employee's job descript...

Economic loss that is the consequence of a direct loss is known as: - correct answer An indirect loss. An insured has a $1,000 insurance claim and is able to prove his loss and its value. The insurer's adjuster offers $500, knowing that the claimant would probably take the offer to avoid incurring...

TEXAS ALL LINES ADJUSTER EXAM The amount of insurance countersigned, issued, or sold by an agent or producer to cover immediate family members, an employer, or employees is known as: - CORRECT ANS - Controlled business All of the following are criteria for an accident to have occurred "in ...