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Texas All Lines Adjuster Exam Actual 2024 Questions And Answers 100% Verified By Experts
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Texas All Lines Adjuster Exam Actual 2024 Questions And Answers 100% Verified By Experts
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Texas all lines adjuster exam-.pdf file:///C:/Users/HP/Desktop/New%20fl/Texas%20all%20lines%20adTexas All Line Adjuster Exam Questions & Answers
1. If an automobile policy has split limits of 30/60/25. What is the maximum amount of
liability coverage that would be paid in a covered loss where threepeople are involved.
Answer $30,000
2. Which of the following statements best describes an inland marine policy?-
Answer Pertains to Cargo with no fixed location
3. Alex is traveling through College Station and hits a deer, and the damagesare $1500.
He has comprehensive coverage with a $500 deductible. What willyou pay?
Answer $1000
4. This department is responsible for making rates and determines the ratescharged by
the insurer
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Answer Actuarial department
5. Johnny has 30/60/25 limits on his auto policy, and he negligently ran into aparked car
driven by Steve Garcia.What is the maximum amount of coveragethat can be provided for
the damage to Steve's car?
Answer 25,000
6. Your customer has HO-B homeowners policy with a Coverage A limit os
$300,000. His mortgage payment is $1,400 per month. He can't stay in his homefor 1 month
due to a claim that was caused by smoke. He is staying in a localhotel for 1 month. The
cost of the hotel is $900 for the moth. How much will you pay your policyholder for
Additional Living Expenses
Answer $900
7. Insurance for ocean vessels is the type of insurance?
Answer oldest
8. Your insured has a homeowners policy with a Coverage A limit of $50,000, His
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coverage B limit is $20,000. His deductible is 1%. He has 30 trees that are damaged
during the fire. How much are you going to pay on his claim?
Answer 2500
9. If you have a covered loss, in excess of a limit, you can apply that excesstowards the
deductible.This best describes?
Answer Absorbing the deductible
10. What type of contract exists when the insurance policy is valid eventhough
there is an unequal exchange?
Answer Aleatory Contract
11. What is the intentional or unintentional impression by the insurance com-pany that a
certain fact exists when it does not?
Answer Estoppel
12. An event that results in an insured loss / damages.
Answer Occurrence
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