Examination
180 minutes
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2. Answer all questions.
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State Insurance Claims Adjusters Certification 2024-
2025
Insurance Adjuster Exam Review Questions and
Answers | 100% Pass Guaranteed | Graded A+ |
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
The two major types of insurers in the private sector
are: - =Answer>> Stock and Mutual companies
temporary contract of insurance that commits the
insurer before before a policy is issued is called a: -
=Answer>> binder
a term that blocks all attempts to change conduct or
reassert a right previously waived, and it usually
applies after the other party has begun to rely on the
conduct or waiver is known as: - =Answer>> estoppel
property and liability insurers use different marketing
methods. Which of the following are features of the
independent agency system? - =Answer>> Agents
can represent one or more insurers AND Agent owns
renewal rights to policies
Concealment is failure of the insurance applicant to
reveal a material fact to the insurer. Which of the
following statements must be proved before the insurer
can deny a claim on the basis of concealment? -
=Answer>> a concealed fact was known to be
material by the insured AND the insured intended to
defraud the insurer
who is considered the first party to an insurance
contract? - =Answer>> the Insured
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the insuring agreement summarizes the insurers
obligations and conditions for loss payment. Which of
the following is/are types of insuring agreements? -
=Answer>> open peril policy
when a person installs burglar bars and a fire alarm
system, what method of managing risks has been
undertaken? - =Answer>> Reduction
All of the following could be covered under a named
insured's personal auto policy, except: - =Answer>> A
private passenger vehicle owned by the named
insured's spouse who moved to a separate residence 5
months ago (b/c policy only covers up to 90 days; she's
been gone 5 months)
The physical damage section of the personal auto
policy excludes losses arising from:
a) flood
b) earthquake
c) animals
d) mechanical breakdowns - =Answer>> d)
mechanical breakdowns
Which of the following causes of loss is covered by
Other-Than-Collision Coverage written under a Personal
Auto Policy?
a) freezing
b) electrical breakdown
c) vandalism damage to tires
d) upset - =Answer>> vandalism damage to tires
Which of the following losses would be covered by
Other-Than-Collision Coverage under an automobile
policy?
a) mechanical breakdown
b) hail
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