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Texas Adjuster Exam LATEST ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED
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Texas Adjuster Exam LATEST ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED
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,Texas Adjuster Exam LATEST ACTUAL
EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS)
If ,.an ,.automobile ,.policy ,.has ,.split ,.limits ,.of ,.30/60/25. ,.What ,.is ,.the ,.maximum ,.amount ,.of ,.liability ,.cov
erage ,.that ,.would ,.be ,.paid ,.in ,.a ,.covered ,.loss ,.where ,.three ,.people ,.are ,.involved. ,.- ,.(correct ,.answer) ,.-
$30,000
Which ,.of ,.the ,.following ,.statements ,.best ,.describes ,.an ,.inland ,.marine ,.policy? ,.- ,.(correct ,.answer) ,.-
Pertains ,.to ,.Cargo ,.with ,.no ,.fixed ,.location
Alex ,.is ,.traveling ,.through ,.College ,.Station ,.and ,.hits ,.a ,.deer, ,.and ,.the ,.damages ,.are ,.
$1500. ,.He ,.has ,.comprehensive ,.coverage ,.with ,.a ,.$500 ,.deductible. ,.What ,.will ,.you ,.pay? ,.- ,.
(correct ,.answer) ,.-$1000
This ,.department ,.is ,.responsible ,.for ,.making ,.rates ,.and ,.determines ,.the ,.rates ,.charged ,.by ,.the ,.insurer ,
.- ,.(correct ,.answer) ,.-Actuarial ,.department
Johnny ,.has ,.30/60/25 ,.limits ,.on ,.his ,.auto ,.policy, ,.and ,.he ,.negligently ,.ran ,.into ,.a ,.parked ,.car ,.driven ,.b
y ,.Steve ,.Garcia. ,.What ,.is ,.the ,.maximum ,.amount ,.of ,.coverage ,.that ,.can ,.be ,.provided ,.for ,.the ,.damage ,
.to ,.Steve's ,.car? ,.- ,.(correct ,.answer) ,.-25,000
Your ,.customer ,.has ,.HO-B ,.homeowners ,.policy ,.with ,.a ,.Coverage ,.A ,.limit ,.os ,.
$300,000. ,.His ,.mortgage ,.payment ,.is ,.
$1,400 ,.per ,.month. ,.He ,.can't ,.stay ,.in ,.his ,.home ,.for ,.1 ,.month ,.due ,.to ,.a ,.claim ,.that ,.was ,.caused ,.by ,.s
moke. ,.He ,.is ,.staying ,.in ,.a ,.local ,.hotel ,.for ,.1 ,.month. ,.The ,.cost ,.of ,.the ,.hotel ,.is ,.
$900 ,.for ,.the ,.moth. ,.How ,.much ,.will ,.you ,.pay ,.your ,.policyholder ,.for ,.Additional ,.Living ,.Expenses ,.- ,.
(correct ,.answer) ,.-$900
Insurance ,.for ,.ocean ,.vessels ,.is ,.the ,.______ ,.type ,.of ,.insurance? ,.- ,.(correct ,.answer) ,.-oldest
, Your ,.insured ,.has ,.a ,.homeowners ,.policy ,.with ,.a ,.Coverage ,.A ,.limit ,.of ,.
$50,000, ,.His ,.coverage ,.B ,.limit ,.is ,.$20,000. ,.His ,.deductible ,.is ,.1%. ,.He ,.has ,.30 ,.trees ,.that ,.are ,.damaged
,.during ,.the ,.fire. ,.How ,.much ,.are ,.you ,.going ,.to ,.pay ,.on ,.his ,.claim? ,.- ,.(correct ,.answer) ,.-2500
If ,.you ,.have ,.a ,.covered ,.loss, ,.in ,.excess ,.of ,.a ,.limit, ,.you ,.can ,.apply ,.that ,.excess ,.towards ,.the ,.deductibl
e. ,.This ,.best ,.describes? ,.- ,.(correct ,.answer) ,.-Absorbing ,.the ,.deductible
What ,.type ,.of ,.contract ,.exists ,.when ,.the ,.insurance ,.policy ,.is ,.valid ,.even ,.though ,.there ,.is ,.an ,.unequal ,
.exchange? ,.- ,.(correct ,.answer) ,.-Aleatory ,.Contract
What ,.is ,.the ,.intentional ,.or ,.unintentional ,.impression ,.by ,.the ,.insurance ,.company ,.that ,.a ,.certain ,.fact ,
.exists ,.when ,.it ,.does ,.not? ,.- ,.(correct ,.answer) ,.-Estoppel
An ,.event ,.that ,.results ,.in ,.an ,.insured ,.loss ,./ ,.damages. ,.- ,.(correct ,.answer) ,.-Occurrence
Joseph ,.ross ,.owns ,.a ,.2014 ,.Toyota ,.Avalon. ,.while ,.at ,.the ,.mall ,.shopping, ,.someone ,.hit ,.his ,.car ,.and ,.le
ft ,.a ,.big ,.dent ,.on ,.the ,.right ,.side ,.of ,.his ,.car. ,.He ,.does ,.not ,.know ,.who ,.hit ,.his ,.car, ,.and ,.there ,.are ,.no ,.
witnesses ,.to ,.this ,.accident. ,.What ,.type ,.of ,.insurance ,.protection ,.does ,.he ,.need ,.to ,.protect ,.him ,.from ,
.financial ,.loss ,.in ,.this ,.situation ,.- ,.(correct ,.answer) ,.-Comprehensive
Morris ,.has ,.a ,.Texas ,.Dwelling ,.policy ,.on ,.his ,.property. ,.His ,.property ,.burns ,.down ,.in ,.a ,.fire. ,.He ,.claims ,
.that ,.he ,.has ,.also ,.sustained ,.a ,.financial ,.loss ,.because ,.he ,.is ,.not ,.able ,.to ,.rent ,.the ,.property ,.to ,.his ,.te
nants. ,.What ,.can ,.you ,.tell ,.him? ,.- ,.(correct ,.answer) ,.-He ,.has ,.coverage ,.for ,.loss ,.of ,.fair ,.Rental ,.Value
Method ,.of ,.dispute ,.resolution ,.that ,.occurs ,.when ,.there ,.is ,.a ,.dispute ,.regarding ,.whether ,.or ,.not ,.som
ething ,.is ,.covered ,.under ,.the ,.policy ,.- ,.(correct ,.answer) ,.-Arbitration
A ,.customer ,.claims ,.he ,.tripped ,.on ,.a ,.stair ,.in ,.John's ,.Art ,.Gallery ,.and ,.broke ,.his ,.leg. ,.The ,.only ,.way ,.th
e ,.customer ,.will ,.have ,.a ,.successful ,.claim ,.against ,.John's ,.insurance ,.is? ,.- ,.(correct ,.answer) ,.-John ,.must
,.be ,.found ,.legally ,.liable ,.for ,.the ,.incident
Janet ,.thompson ,.works ,.for ,.universal ,.insurance ,.company ,.of ,.Texas. ,.She ,.is ,.involved ,.in ,.a ,.work ,.relate
d ,.accident ,.in ,.the ,.supply ,.room. ,.She ,.immediately ,.notifies ,.her ,.supervisor ,.about ,.the ,.accident. ,.Unive
rsal ,.insurance ,.company ,.must ,.report ,.the ,.injuries ,.within ,.how ,.many ,.days ,.of ,.being ,.notified ,.of ,.the ,.i
njury? ,.- ,.(correct ,.answer) ,.-8 ,.days
Provisions ,.in ,.an ,.insurance ,.policy ,.that ,.indicates ,.what ,.is ,.not ,.covered? ,.- ,.(correct ,.answer) ,.-
Exclusions
As ,.a ,.public ,.administrator ,.you ,.want ,.to ,.get ,.insurance ,.for ,.your ,.county's ,.bridges ,.and ,.tunnels. ,.What ,
.kind ,.of ,.policy ,.would ,.you ,.look ,.for? ,.- ,.(correct ,.answer) ,.-Inland ,.Marine
Lewis ,.has ,.a ,.Texas ,.dwelling ,.policy ,.on ,.his ,.property ,.in ,.Lewisville ,.Texas. ,.His ,.tenant ,.called ,.him ,.to ,.tel
l ,.him ,.that ,.the ,.property ,.was ,.broke ,.into ,.and ,.all ,.of ,.his ,.contents ,.were ,.stolen. ,.Lewis ,.files ,.a ,.claim ,.fo
r ,.his ,.tenant's ,.stolen ,.contents. ,.What ,.do ,.you ,.tell ,.Lewis ,.about ,.his ,.claim? ,.- ,.(correct ,.answer) ,.-
The ,.contents ,.are ,.covered ,.up ,.to ,.10% ,.of ,.the ,.Coverage ,.B ,.limit ,.of ,.liability.
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