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FLORIDA CLAIMS ADJUSTER EXAM QUESTIONS AND RIGHT ANSWERS
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FLORIDA CLAIMS ADJUSTER EXAM QUESTIONS AND RIGHT ANSWERS
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FLORIDA CLAIMS ADJUSTER EXAMQUESTIONS AND RIGHT ANSWERS 2024 - 2025
Frank,owned,a,home,that,was,destroyed,by,a,hurricane.,Both,ABC,and,XYZ,Banks,were,listed,as,additiona
l,interests,on,his,homeowner,policy.,The,insurance,company,will,make,a,payment,to:,
A.,The,first,mortgagee,,ABC
B.,The,Insured
C.,Jointly,to,ABC,and,XYZ
D.,All,listed,interests,,ANS,-,,D.,All,listed,interests
Remember,that,the,insurer,is,not,responsible,to,know,the,degrees,of,interest.,In,the,event,of,a,loss,,one,
payment,is,made,by,the,insurer,and,it,is,up,to,the,additional,interests,on,working,out,their,share.
Insurance,applies,separately,to,each,insured,as,if,other,insureds,did,not,exist.,This,is,defined,as:
A.,Severability
B.,Conditional
C.,Warranty
D.,None,of,the,above,,ANS,-,,A.,Severability
Property,insurance,policies,usually,contain,a(n),__________,clause,,stating,the,insured,cannot,dump,da
maged,property,on,the,insurer,and,demand,its,full,value:
A.,Pro,Rata
B.,Abandonment
C.,Liberalization
D.,All,of,the,above,,ANS,-,,B.,Abandonment
A(n),__________,is,one,wherein,economic,loss,would,be,suffered,from,an,adverse,happening,to,the,subj
ect:
A.,Conditional,Contract
B.,Personal,Contract
C.,Economic,Contract
,D.,Insurable,Interest,,ANS,-,,D.,Insurable,Interest
States,that,if,the,insurer,adopts,a,revision,which,would,broaden,coverage,without,additional,premium,wi
thin,some,period,of,time,prior,to,the,policy,period,or,during,the,policy,period,,the,insured,receives,the,b
enefit,of,such,broadened,coverage.
A.,Cancellation,Clause
B.,Policy,Period
C.,Pro,Rata
D.,Liberalization,,ANS,-,,D.,Liberalization
The,time,frame,is,typically,60,days.
The,__________,states,that,when,there,is,an,unbroken,connection,between,an,occurrence,and,damage,t
hat,grows,out,of,the,occurrence,,then,the,resultant,damage,is,all,a,part,of,the,occurrence.
A.,Doctrine,of,Proximate,Cause
B.,Doctrine,of,Perils,&,Hazards
C.,Insurance,Policy,Handbook
D.,Doctrine,of,Property,Insurance,,ANS,-,,A.,Doctrine,of,Proximate,Cause
For,example,,if,a,property,insurance,policy,covers,the,peril,of,fire,but,further,damage,is,caused,by,smoke
,,water,used,to,extinguish,,and,the,process,of,moving,property,away,-
,fire,is,considered,to,be,the,*proximate,cause*,of,all,of,the,damage.
The,Loss,Settlement,Valuation,that,subtracts,an,allowance,for,depreciation,is,defined,as?
A.,Actual,Cash,Value
B.,Replacement,Cost
C.,"Old,for,New"
D.,None,of,the,Above,,ANS,-,,A.,Actual,Cash,Value
A,policy,condition,,either,based,on,information,in,the,insured's,application,or,inserted,by,the,insurer,,is,d
efined,as:
A.,Warranty
B.,Misrepresentation
,C.,Concealment
D.,None,of,the,Above,,ANS,-,,A.,Warranty
The,following,are,basic,characteristics,of,a,property,or,liability,insurance,contract,,except:
A.,Personal,Contract
B.,Conditional,Contract
C.,Loss,of,Settlement,Contract
D.,Contract,of,Adhesion,,ANS,-,,C.,Loss,of,Settlement,Contract
The,Insurer's,responsibility,to,pay,for,a,property,loss,may,be,conditioned,on,the,insured,having,used,reas
onable,means,to,avoid,the,loss,,to,protect,the,property,against,further,loss,,and,to,give,the,insurer,proof,
of,the,loss,is,defined,as?
A.,Conditional,Contract
B.,Adhesion,Contract
C.,Indemnity,Contract
D.,All,of,the,Above,,ANS,-,,A.,Conditional,Contract
"may,be,conditioned"
Which,of,the,following,is,not,one,of,the,"Thresholds",in,the,"No-Fault",law?
A.,Death,of,the,Insured
B.,Temporary,Injury,of,the,Insured
C.,A,permanent,loss,of,a,bodily,function
D.,Permanent,scarring,on,the,face,of,the,insured,,ANS,-,,B.,Temporary,Injury,of,the,Insured
Also,included:,permanent,injury,other,than,scarring,and,disfigurement
Under,Mechanical,Breakdown,Coverage,,new,cars,are,eligible,for,service,up,to:
A.,36,Months/36,000,Miles
B.,24,Months/36,000,Miles
C.,12,000,Months/12,000,Miles
, D.,12,Months/36,000,Miles,,ANS,-,,A.,36,Months/36,000,Miles
Used,vehicles:,12,Months/12,000,Miles
If,financial,responsibility,doesn't,exist,at,the,time,of,an,accident,,which,of,the,following,things,must,happ
en,to,avoid,penalties?
A.,The,legally,valid,claims,of,others,must,be,satisfied,(up,to,10/20/10)
B.,The,owner,and,operator,must,provide,certification,of,future,responsibility,for,future,accidents
C.,Both,A,&,B
D.,None,of,the,Above,,ANS,-,,C.,Both,A,&,B
As,to,required,proof,for,future,accidents,by,purchase,of,auto,liability,insurance,,the,insurer,must,make,a,
filing,(Form,SR-
22),certifying,that,coverage,is,in,effect,,and,this,certification,must,remain,on,file,for,__________,years:,
A.,1
B.,3
C.,4
D.,2,,ANS,-,,B.,3
The,Business,Automobile,Policy,includes,all,of,the,following,coverage,forms,except:
A.,The,Garage,Coverage,Form
B.,The,Trailer,Interchange,Coverage,Form
C.,The,Truckers,Coverage,Form
D.,The,Business,Auto,Coverage,Form,,ANS,-,,B.,The,Trailer,Interchange,Coverage,Form
Personal,Injury,Protection,,or,PIP,,has,a,__________,per,person,,per,accident,limit.
A.,10,000
B.,20,000
C.,1,000
D.,Depends,on,the,damaged,property,,ANS,-,,A.,10,000
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