NC ADJUSTER LICENSING EXAM 2024
LATEST UPDATED COMPLETE 400
QUESTIONS WITH DETAILED VERIFIED
AND 100% CORRECT ANSWERS BRAND
NEW ALREADY GRADED A+
George went out for target practice one day with his
handgun. He has practiced many times with the same
target located in the woods behind his house.
Unbeknownst to George, a neighbor was walking in the
woods behind the target one day and was shot in the leg by
George. Intentional acts are never covered by insurance,
however, the claim filed by the injured neighbor may be
covered under George's liability coverage. Which of the
following is the most likely reason why? -
....ANSWER...Shooting the gun was an intentional act
committed by George, but the consequences of act (his
neighbor being shot) were not intended
The duties of the insured after a loss are included in
insurance policy language to: - ....ANSWER...Assist in the
adjuster's investigation of the claim
1
,The perils insured against by a Homeowners policy are
contained within the: - ....ANSWER...Insuring Agreements
Under a standard HO-3, the limit for Coverage C --
Personal Property for a one or two-family dwelling: -
....ANSWER...Is set at 50% of Coverage A
Which of the following flood zones show a "flood depth"
instead of a "base flood elevation" on a FIRM? -
....ANSWER...AO
North Carolina law stipulates that buildings located within
the state that are covered under a Fire policy and suffer a
total loss, the insurance company: - ....ANSWER...Is not
liable to pay amounts beyond the actual cash value of the
insured property at the time of the loss or damage
Which of the following is generally not considered to be a
legal defense against claims of negligence? -
....ANSWER...The loss to the plaintiff was caused
intentionally by the defendant. .
All of the following are true regarding the "Write Your
Own" program of the NFIP, EXCEPT: -
....ANSWER...Insurers are required to participate in the
program
2
,How are death benefits calculated for an employee who
has died as a result of a work related incident? -
....ANSWER...66 2/3% of the employee's average weekly
wage for 500 weeks
Sharon's North Carolina home is covered under a
Homeowner's policy with a "Refrigerated Property
Coverage" endorsement attached. She stores large amounts
of expensive meats in her freezer at any given time. One
morning, she doesn't hear the low hum of her freezer
motor. When she opens her freezer door, she finds that the
freezer is no longer cold and all of her meat has spoiled.
Sharon collects her receipts and finds that the price of the
spoiled meat totals $658 and she submits a claim for this
loss. How much will her insurer pay? -
....ANSWER...$500
Which of the following terms does NOT apply to workers
compensation coverage in North Carolina? -
....ANSWER...Temporary sick leave with benefits
Coverage D - Loss of Use on the Homeowners forms
provides coverage for "Civil Authority Prohibits Use" for:
- ....ANSWER...No more than two weeks
3
, All of the following statements are TRUE of the terms
used in the standard workers' compensation policy,
EXCEPT: - ....ANSWER..."State" means any state of the
United States, the District of Columbia, and all territories
and possessions.
Under the comprehensive coverage of a Business Auto
policy, which of the following would not be a covered
loss? - ....ANSWER...After sliding on an icy pavement, a
driver hits a guard rail.
The Insurance Information & Privacy Protection Act
(IIPPA) requires insurers to conform to all of the following
standards, EXCEPT: - ....ANSWER...Give reasonable
notice for policy renewal and other policy changes..
The Section I Additional Coverage of the standard
Businessowners policy provides coverage for "Debris
Removal". Which of the following statements best
describes the limit for this coverage? - ....ANSWER...The
total limit may be up to 25% of the policy limit for the loss
payable with the deductible included, plus up to an
additional $25,000 if the policy limits are exhausted
4
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