NC ADJUSTER LICENSE EXAM AND PRACTICE EXAM LATEST ACTUAL EXAM 150 QUESTIONS AND CORRECT DETAILED ANSWERS
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Course
2024/2025
Institution
2024/2025
NC ADJUSTER LICENSE EXAM AND PRACTICE EXAM
LATEST ACTUAL EXAM 150 QUESTIONS
AND CORRECT DETAILED ANSWERS
Manny is purchasing a Commercial Property policy with a Business Income form
included. Manny can select from any of the following as a method to provide coverage,
while avoiding the coinsu...
When a claims representative is collecting information from a third-party claimant, which
of the following is the information that should be obtained first? - Answer✔️✔️-The nature
and extent of the injuries or property damage claimed.
The Business Auto uses Symbol 7 to cover "specifically described autos" identified in
the declarations. An auto acquired during the policy period will only be covered: -
Answer✔️✔️-If the insured insures all of their vehicles with the company or it replaces a
covered auto..
What coverage under the BOP automatically applies if a customer slips and falls on the
named insured's premises, regardless of legal liability? - Answer✔️✔️-Medical expense
coverage
When an insurer is called upon to defend a suit under a CGL policy, the amount that
can be paid for the defense costs is: - Answer✔️✔️-Not limited
Any North Carolina lender in making or servicing real estate mortgage or deed of trust
loans on one to four family residences must accept a binder as proof of insurance. The
binder presented to the lender must include all of the following, EXCEPT - Answer✔️✔️-A
sworn statement that the insurance will be kept in force.
Which of the following statements is TRUE concerning Part A - Liability coverage on a
standard Personal Automobile policy? - Answer✔️✔️-The coverage is provided only for
accidents caused by those who are "insureds" under the policy..
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