Examination
180 minutes
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State Insurance Claims Adjusters Certification 2024-
2025
Georgia Adjuster Exam Review Questions with Correct
Answers | 100% Pass Guaranteed | Graded A+ |
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
Which of the following is true regarding the Difference
in Conditions (DIC) policies?
Each DIC contract is unique to the risk that it covers. No
two contracts are the same. However, one of the
features of most DIC policies is that the policy needs to
be accompanied by a named peril property policy to
provide the all-risk coverage that is intended. -
=Answer>> Each DIC policy is an individually written
contract that contains provisions unique to the
particular risk that it covers.
A neighbor's tree has fallen into the insured's. The
insured's homeowners policy will NOT pay to remove
the tree UNLESS
An insured's homeowners policy will pay up to $1,000
to remove from premises if a neighbor's tree fell by a
covered peril, or if the tree blocks a driveway or
handicapped ramp, even if no damage to a covered
structure has occurred. - =Answer>> The tree is
blocking the driveway
An insured with a homeowners policy has removed
property from the insured location to protect it from
loss that could be caused by a covered peril. The
removal coverage applies for Removal coverage applies
for 30 days when the property has been removed to be
protected. - =Answer>> 30 days
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** Bob insists that the insurer owes him $10,000 for
liability damages, while his insurer asserts that they
owe him no more than $7,000. Which of the following
would most likely describe the type of claim settlement
that they might pursue?
-When an insured and insurer cannot agree on how to
settle a claim, arbitration is often used. The settlement
is submitted to an arbitrator(s) whose decision may or
may not be binding on both parties dependent on state
law.
-Arbitration is a method of claim settlement used when
the insured and insurer cannot agree on how to settle a
claim. The arbitrator's decision is binding to both
parties.
** Which of the following is a method of claim
settlement used when the insured and insurer cannot
agree on how to settle a claim? - =Answer>>
Arbitration
A shipload of cement has been damaged by water and
has become concrete. According to general cargo
insurance terms in Ocean Marine policies, this is
considered
All property so damaged as to cease to be a thing of
the kind insured is loss of specie and payable as a total
loss. - =Answer>> Loss of specie
Which of the following is NOT an element of
negligence? There are four essential elements of
negligence: duty, breach, injury, and unbroken chain.
Libel is a type of intentional tort. - =Answer>> Libel
A loss has occurred before the first report has been
filed on a value reporting coverage form. Which is NOT
true?
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If the loss is before the first report is due, full amount of
the loss will be paid. Because provisional premium is
based on 75% of the full amount of coverage, only 75%
of the loss is paid if the first report is overdue. -
=Answer>> Never more than 75% of the loss is paid.
Which of the following forms provides the broadest
coverage under an employee theft coverage form?
Blanket position bond covers all employees in all
positions on a per employee basis. - =Answer>>
Blanket position
Why don't commercial auto coverage forms
automatically include medical payment coverage?
Commercial auto coverage forms do not automatically
include medical payment coverage. (Often, any person
who would occupy the vehicle would be covered under
a workers compensation policy.) - =Answer>> Often
any person occupying a commercial vehicle would be
covered under a workers compensation policy.
Which of the following losses would NOT be covered by
a homeowner's policy?
HO will pay up to $2,500 for silverware by theft; $1,500
for boats, motors, trailers; $1,500 for loss of trailers not
used with boats; but no more than $200 for coins. -
=Answer>> A coin collection valued at $500 lost in a
fire
In a participation plan, the insured may be eligible for
which of the following?
The insured is eligible for dividends (partial premium
refund) if the experience during the policy term falls
within guidelines established by the insurer at the
inception of the policy term. Dividends are not
guaranteed, and to be eligible for participation, the
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