Texas All-Lines Adjuster course Final Exam.pdf file:///C:/Users/HP/Desktop/New%20fl/Texas%20All-Lines%20Adju
Texas All-Lines Adjuster course Final Exam
1. A severe thunderstorm damaged a policyholder's residence. He called and asked how
long it would be before he receives payment for his claim. Which of the following would
NOT be an appropriate response?
Answer We have 6 months to reach a final settlement with you.
2. Janelle has just graduated college and is interested in becoming an ad- juster. she
would like to be able to handle any type of claim.The most com- prehensive type of
license would be
Answer All-Lines
3. Jack and Rebecca own a vacation home on Galveston Island which they have insured
under an HO-3 policy. After a week long winter ski trip to Aspen, they return home to find
their house burglarized and their 50" TV, computer equipment, jewelry, a valuable gun
collection and some fishing equipment stolen. How would their HO-3 policy respond to
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this loss?
Answer The entire theft loss would be covered under Coverage C. subject the policy limits and
to certain limitations.
4. The oldest form of insurance known to exist is
Answer Ocean Marine Insurance
5. How is an injured employee's weekly compensation rate for Temporary Income
Benefits (TIBS) calculated under Texas Work
Comp laws?
Answer The comp rate = (AWW - Post Injury Earnings) × 70%
6. In workers compensation, an "injury is defined to mean
Answer personal injury or death by "accident", arising out of work performed in the course of
employment.
7. Justin is a Property adjuster for XYZ Insurance Company. He receives a claim
involving the theft loss of various types of property. Justin's initial responsibility
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upon investigating the loss is to first determine
Answer If coverage exists
8. Jim is a public adjuster. He has an arrangement with a water extraction company who
pays him a commission of 10% for every referral that Jim sends their way. Which of the
following statements is correct?
Answer This arrangement reflects a breach of ethical conduct and a violation that could
jeopardize Jim's licensure.
9. Which of the following would NOT be covered under Coverage C Personal Property?
Answer Your 10-year old German Shepherd chokes on a bone and passes away.
10. A tornado strikes a duplex that is insured under a Dwelling (DP-3) policy. Which of
the following would NOT be covered by the Dwelling policy?
Answer Damage to another duplex right next door, also owned by the landlord.
11. Common carriers (i.e. 18-wheelers, trains, planes, etc.) are responsible for damage to
customer goods they transport EXCEPT for damages resulting from
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Answer Acts of God
12. You have just started your career handling Texas workers' compensation claims.
Which one of the following WOULD BE considered a violation of the
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