California Adjuster PSI Exam Questions and
Answers
Duty of an insurer in case of a loss - answer✔The insurer is required to conduct a thorough
investigation, establish claim procedures and methods of documentation, and acknowledge
receipt of a claim in a timely fashion.
Responsibility of an insured in case of a loss - answer✔The insured must separate the damaged
property from the undamaged property and protect the property from further loss.
Definition of 'additional coverages' in insurance policies - answer✔Additional coverages are
included in insurance policies at no extra cost. Examples of additional coverages include debris
removal and reasonable repairs.
Essential conditions for a salvage award - answer✔To be eligible for a salvage award, the
property involved must be in peril from some hazard, the salvage service must be voluntary,
and the salvage effort must be successful.
Contents of an endorsement for water backup through a sewer or drain - answer✔An
endorsement for water backup through a sewer or drain includes a separate stated limit of
coverage and a separate stated deductible for covered losses.
Duties of an insured when filing a claim - answer✔When filing a claim, the insured is
responsible for providing a proof of loss statement, preserving the undamaged property, and
fully cooperating in providing relevant books and records.
Example of an act that could lead to injury - answer✔An example of an act that could lead to
injury is the improper protection of a job site by a contractor.
Coverage limit for a single-family residence under the regular flood program - answer✔The
coverage limit for a single-family residence under the regular flood program is $250,000.
Eligibility for a Businessowners Policy - answer✔A funeral home is eligible for a Businessowners
Policy.
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