Exam (elaborations)
FLORIDA PUBLIC ADJUSTING 3-20, FLORIDA 3-20 PUBLIC ADJUSTER EXAM OUTLINES
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FLORIDA PUBLIC ADJUSTING 3-20, FLORIDA 3-20 PUBLIC ADJUSTER EXAM OUTLINES
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Florida 3-20 Public Adjuster Exam OutlinesTerms in this set (141)
1.Negligent Liability(Unintentional)
2 Types of Tort Liability
2.Strict Liability(Intentional)
1. Investigate
3 Basic Claims Handling
2.Evaluate
activities?
3.Negotiate
1.When all work called for in the contract is completed.
2.When all work to be done at the site has been
completed if one contract calls for work at more than
The 3 Conditions that define
one site.
work as "completed"
3.When that part of the work done at a job site has been
put to its intended use by any person or organization
other than another contractor or subcontractor.
1.A manifestation of assent to its terms by parties who
make the contract.
4 Elements of a Valid 2.A sufficient consideration (value or payment) for each
Contract? promise.
3.Legal Capacity of the parties to contract.
4.Legal Subject matter.
1. Significant and Permanent loss of bodily function.
4 Exceptions to Tort 2.Permanent injury other than scarring and
Exemption(Threshold of disfigurement.
No-Fault) 3.Significant and Permanent scarring or disfigurement.
4.Death
1. Coverage
4 Subsections of Section I
2.Perils Insured Against
of a Property Coverage
3.Exclusions
Policy
4.Conditions
, 1.failing to act promptly
5 Practices that the Insured 2.denying claims without reasonable investigation
are protected from under 3.failure to affirm or deny a claim when an insured is
the "Florida Unfair entitled thereto
Insurance Trade Practices 4.failure to explain claim denials in writing
Act.". 5.failure to maintain complaint-handling procedures,
such as keeping accurate records of complaints
1.Did a covered Peril Occur?
2.When?
5 Questions to establish the
3.Were there more than one?
contract coverage
4.Which one was the proximate cause?
5.Was there a mix of covered and uncovered losses?
1.The Insurance Contract
2.Reparable from replacement requiring damages.
5 Technical Expertise for a 3.Law
successful negotiation 4.Insurer's goals
5.Computer Estimating Systems being utilized by the
insurance industry.
1.Survey and Estimate of Determination
2.Acceptance of Cost or Quality shown by records.
5 Ways to appraise
3.Actual repair or replacement
damages
4.Sale of Salvage
5.Appraisal(after 2 parties have failed to agree).
1.Evaluate
2.Substantiate
6 Responsibilities of the 3.Determine values
Public Adjuster 4.Negotiate
5.Recommend(upgraded insurance)
6.Re-Open Claims
, 1. Acknowledgement in 14 Days
2. Approval or denial in 30 Days
3. Full payment as applicable in 90 Days
6 Rights of the Insured 4.Free Mediation
5.a neutral evaluation of a sinkhole claim
6.Availability of assistance from the department of
consumer services
1.Cancellation(30 Days by insurer option, 10 Days By no
payment).
2.Changes
3.Examination of Books
7 Common CGL Conditions
4.Inspections and Surveys
5.Premiums
6.Transfer
7.Nuclear Endorsement
1. No negotiating with an attorney's client
2. No misleading in any way.
3.No legal advice
7 Ethics to the code of 4.No special releases, fill in the blanks only
Ethics 5.No exploiting incapacitated clients
6.Advise the client of rights under the contract and by
the state.
7.Act with no bias.
1.Full release Settlement
2.Open Ended Release
3.Payment of PD, BI pending
7 Settlement and Release 4.No Release
Options 5.Advanced Payment
6.Structured Settlement
7.Rehabilitation, including provisions for rehabilitative
treatment of the claimant.
A public adjuster may not give legal advice or act on
behalf of or aid any person in negotiating or settling a
626.854 (3)
claim relating to bodily injury, death, or noneconomic
damages.
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