Alabama adjuster exam pt 2 Exam Questions and Answers
(verified answers) 739 Questions 2024/2025 RATED A+
Define: Claimant - CORRECT ANSWERS A person or entity that
requests indemnification for losses under the terms of an insurance
policy
Define: Adjuster - CORRECT ANSWERS Person who investigates,
evaluates, and negotiates claims arising under insurance contracts
Define: Adjusting - CORRECT ANSWERS The process of
comparing a claimant's losses to the promises made in an insurance
policy
Define: Staff adjuster - CORRECT ANSWERS Salaried employee of
an adjuster
Define: Independent adjuster - CORRECT ANSWERS Self-
employed, contracts with insurers or bureaus, paid by schedule, or
time + expense
Define: Public adjuster - CORRECT ANSWERS Hired by the
insured, usually paid commission
Define: Emergency adjuster - CORRECT ANSWERS Temporarily
licensed to service the many claims arising from catastrophes
,Alabama adjuster exam pt 2 Exam Questions and Answers
(verified answers) 739 Questions 2024/2025 RATED A+
After Jerry pulled the fire alarm, the indoor sprinkler system came
on and flooded the offices at Elliot Designs, causing thousands of
dollars in damage. Elliot Designs filed a claim with KLM Insurance,
who dispatched Chrystal to investigate and process the claim. Who is
the claimant in this scenario?
A. KLM Insurance
B. Jerry
C. Chrystal
D. Elliot Designs - CORRECT ANSWERS D. Elliot Designs
After a storm demolished Greg's house, his insurance company sent
an adjuster out to adjust his claim. After investigating Greg's claim,
the adjuster offered him a settlement which Greg felt was too low.
Not knowing much about property insurance, Greg wans a second
opinion to make sure he is receiving what he deserves. Who might
Greg hire to help him with negotiating a fair settlement?
A. An independent adjuster
B. An insurance adjuster
C. A staff adjuster
D. A public adjuster - CORRECT ANSWERS D. A public adjuster
,Alabama adjuster exam pt 2 Exam Questions and Answers
(verified answers) 739 Questions 2024/2025 RATED A+
A severe storm rages through Oklahoma City, with tornados causing
multiple square miles worth of damage. All the licensed adjusters in
the area are already occupied or deployed to the scene. Who can the
insurance commissioner look to for temporary help resolving the
rest of the claims from this storm?
A. Staff adjusters
B. Emergency adjusters
C. Independent adjusters
D. Public adjusters - CORRECT ANSWERS B. Emergency adjusters
What is the title of the insurance professional who processes claims
for compensation?
A. Insurance adjuster
B. Insurance salesman
C. Insurance broker
D. Insurance agent - CORRECT ANSWERS A. Insurance adjuster
Jane is a salaried employee of XYZ Insurance. Working out of a
regional office, Jane is sent to deal with some of the most difficult
claims in her area. What kind of adjuster is Jane?
, Alabama adjuster exam pt 2 Exam Questions and Answers
(verified answers) 739 Questions 2024/2025 RATED A+
A. Emergency adjuster
B. Public adjuster
C. Staff adjuster
D. Independent adjuster - CORRECT ANSWERS C. Staff adjuster
What kind of adjuster represents the insured rather than the
insurer?
A. Public adjuster
B. Emergency adjuster
C. Independent adjuster
D. Staff adjuster - CORRECT ANSWERS A. Public adjuster
What do you call a self-employed adjuster who works as a contractor
for insurers or claims-handling companies?
A. Public adjuster
B. Emergency adjuster
C. Independent adjuster
D. Staff adjuster - CORRECT ANSWERS C. Independent adjuster
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