Examination
180 minutes
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State Insurance Claims Adjusters Certification 2024-
2025
Insurance Adjuster Exam Prep Review Questions with
Correct Answers | 100% Pass Guaranteed | Graded A+ |
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
What kind of adjuster is hired by the claimant and is
paid by commission? - =Answer>> Public Adjuster
Peter, an insurance adjuster, is going over a claim. He's
examining the deductible, the total claimed damages,
the policy limits, other policies that might also cover
the claim, whether the property is adequately insured,
and whether or not a coinsurance penalty applies.
Which function of an adjuster is Peter performing? -
=Answer>> Evaluating a claim
An adjuster's preliminary claim report should: -
=Answer>> Establish a claim reserve
Which of the following is NOT one of the primary
functions of an insurance adjuster? - =Answer>>
Defending the insurer
Which of the following is NOT an endorsement
commonly added to a Dwelling Policy? - =Answer>>
Annual depreciation
James holds a DP-1 policy on his house for $150,000.
His wife, Jane, feels that they should really have closer
to $200,000 in total coverage, so she takes out an
additional $50,000 DP-1 policy on the same dwelling.
Both policies pay settlements on a pro rata basis. After
a fire causes $32,000 in damage to the home, how
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much of the damages will be covered by Jane's DP-1
policy? - =Answer>> 8,000
While reviewing his DP-3 policy, Jim notices that some
additional coverages are included in his Coverage A
limit, while others are paid in addition to that limit.
Which TWO additional coverages are included within
Jim's Coverage A limit? - =Answer>> Debris Removal
and Reasonable Repairs
Which of the following statements about a Standard
Fire Policy is TRUE? - =Answer>> Endorsements either
add or change coverage.
Helen is looking to reduce her insurance costs for her
home. She currently has an HO-3 open-peril policy, but
she doesn't feel she needs liability coverage anymore
and wants to change over to a dwelling policy. Though
the policies are fundamentally different, which dwelling
policy would most closely resemble Helen's current
homeowners policy? - =Answer>> DP-3
When lightning strikes Brittany's home during a storm,
the resulting fire completely consumes the structure
before firefighters manage to put it out. Brittany is fully
insured by a DP-3 policy with a limit of $245,000, every
bit of which is needed to rebuild her home. In addition,
she receives a bill from the fire department for $650.
How much is Brittany likely to receive from her insurer
in response to her claim? - =Answer>> 245,500
Homeowners policies don't provide coverage for: -
=Answer>> Flood damage
Which of the following would not be covered by
Coverage C - Personal Property in a homeowners
policy? - =Answer>> Pets
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Which part of a homeowners policy provides coverage
for the medical expenses of third parties who are
injured on your property? - =Answer>> Coverage F
Jeremy is purchasing a homeowners policy for his
house in the country. He is a beer enthusiast and is
especially concerned with protecting his home brewing
equipment from the black bears commonly seen in the
area. Which of the following is the least expensive
option that meets Jeremy's special need? -
=Answer>> HO-5
Which of the following is required in order for coverage
to apply under the Business Pursuits endorsement in a
homeowners policy? - =Answer>> The insured must
not be an owner or partner in the business
Marisol has $100,000 in coverage for her fine art
collection, as stated in the Scheduled Personal Property
endorsement of her homeowners policy. She just
purchased another piece of art worth $30,000. Which of
the following statements is TRUE? - =Answer>> The
new piece is automatically covered for $25,000, and
she has 90 days to report the acquisition to the insurer
to be eligible for full coverage.
In each of the following, the insured has filed a claim
against their homeowners policy. In which of these
scenarios would the insurer most likely deny the claim?
- =Answer>> Darla files a claim when her estranged
husband sets fire to her back deck, but she doesn't
notify the police for fear of getting her husband in
trouble.
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