Texas All Lines Adjuster Exam; Questions & Answers (Grade A+)

Texas All Lines Adjuster Exam; Questions &
Answers (Grade A+)
DP - valuation Correct Answer-DP-1 - ACV building & contents

DP-2/3 - RCV building & ACV contents



DP - limit for fair rental value Correct Answer-20% of A



DP - coverages (A-E) Correct Answer-A - dwelling

B - other structures

C - personal property

D - fair rental value

E - additional living expense



DP - limit for additional living expenses Correct Answer-DP-1 - NONE

DP-2/3 - 20% of A



DP - Property removed is covered for ___ days. Correct Answer-DP-1 - 5 days

DP-2 - 30 days



DP - limit for trees/plants/shrubs Correct Answer-5% of A

, Texas All Lines Adjuster Exam; Questions &
Answers (Grade A+)
$500 per tree/shrub/plant



DP - fire department service charge Correct Answer-$500



DP - extended coverages Correct Answer-windstorm, civil commotion, hail,
aircraft, vehicles, volcanic eruption, explosion, riot



DP - broad perils Correct Answer-burglary damage, ice/snow weight, glass,
accidental discharge of water/steam, falling objects, freezing, electrical,
collapse, tearing apart/bulging/cracking



DP-3 perils covered (dwelling & contents) Correct Answer-dwelling - open

contents - broad (DP-2 perils)



Explain the difference between DP & HO policies. Correct Answer-DP does
not automatically cover theft or include liability coverage.



DP - Explain the difference between limited/broad theft endorsement.
Correct Answer-limited - on premises only

, Texas All Lines Adjuster Exam; Questions &
Answers (Grade A+)
broad - on & off premises



HO-2 perils (dwelling & contents) Correct Answer-dwelling - named/broad

contents - named/broad



HO-3 perils (dwelling & contents) Correct Answer-dwelling - open

contents - named/broad



HO-4 perils (dwelling & contents) Correct Answer-dwelling - NO COVERAGE

contents - named/broad



HO-5 perils (dwelling & contents) Correct Answer-dwelling - open

contents - open



HO-6 perils (dwelling & contents) Correct Answer-dwelling - LIMITED
named/broad

contents - named/broad

, Texas All Lines Adjuster Exam; Questions &
Answers (Grade A+)
HO-8 perils (dwelling & contents) Correct Answer-dwelling - named/basic &
extended

contents - named/basic & extended



HO - valuation Correct Answer-RCV dwelling

ACV content (unless endorsed)

EXCEPT HO-8 - ACV dwelling & contents



HO - coverages (A-F) Correct Answer-A - dwelling

B - other structures - 10% of A

C - personal property - 50% of A

D - loss of use - 30% of A

E - medical payments

F - liability



HO - limit for personal property in self-storage Correct Answer-10% of C



HO - money limit Correct Answer-$200