ADJUSTER PRO EXAM AND PRACTICE EXAM
2024-2025 ACTUAL EXAM 150 QUESTIONS AND
CORRECT ANSWERS|AREADY GRADED
A+|BRAND NEW!!
Terms in this set (150)
Adjuster Alice is trying to $23,000
determine the final
settlement amount for
Ted's claim. Ted's
house was damaged in a
covered loss, and Alice
has estimated that it will
cost
$25,000 to make the
necessary repairs. Ted's
homeowners policy has a
$100,000 limit
and a $2,000 deductible.
Typically, how much
would Adjuster Alice
calculate Ted's
final settlement amount to
be?
,After a car accident, The insurer did not allow Barbara to choose the type
Barbara files a claim with of body part that she wanted to be used in the repair
her insurer for the body
damage to her
car. The insurer instructs
Barbara to bring her car to
a body shop for repair,
and she
hears back a week later
that it is ready to be
picked up. To her surprise,
Barbara finds
that the parts used in the
repair are poor quality and
do not even match the
rest of the
car. How has the insurer
failed to meet fair
settlement standards?
,After a rain storm, Nancy The insurer will not cover any of the damage, since
realizes that she left her Nancy left the windows open.
bedroom windows open
the entire
time. Now there is
extensive water damage
to her area rug and
furniture, and the
laptop that had been
sitting on her desk is
ruined. Nancy has a Broad
Form
homeowners policy, so
she calls her insurance
company and files a claim.
What is
the likely result of Nancy's
claim?
, After Tony, the owner of Legal Liability Coverage
XYZ Cleaners, accidentally
starts a fire, XYZ Cleaners
burns
to the ground, taking all
the garments with it.
Afterwards, Tony has to
rent a new
building and purchase
new equipment and
supplies. He is also
responsible for all the
clothing that was in his
care. Which type of
coverage in his
commercial property
policy could help Tony
with the cost of paying for
his customers' destroyed
clothing?
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