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FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE FINAL EXAM NEWEST ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ $30.49   Add to cart

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FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE FINAL EXAM NEWEST ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

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  • FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE

FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE FINAL EXAM NEWEST ACTUAL EXAM COMPLETE 100 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

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  • October 10, 2024
  • 27
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • florida 3 20
  • florida 3 20 public
  • FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE
  • FLORIDA 3-20 PUBLIC ADJUSTER STATE LICENSE
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johnkabiru
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FLORIDA 3-20 PUBLIC ADJUSTER STATE
LICENSE FINAL EXAM NEWEST 2024-2025
ACTUAL EXAM COMPLETE 100
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS)
|ALREADY GRADED A+


FLORIDA 3-20 PUBLIC ADJUSTER STATE
An insurer domiciled outside the state where it writes insurance
- ANSWER- Foreign


A state officer who administers the state's insurance laws and
regulations - ANSWER- Commissioner


Used as a promise to accept a bid if awarded to a company -
ANSWER- Bid bond


Damaged property an insurer takes over to reduce their loss after
paying a claim - ANSWER- Salvage


Factual statements upon which an insurance policy is based -
ANSWER- Representations

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A contract between two parties that offer the consumer little to
no leeway to negotiate the terms of the contract - ANSWER-
Contract of adhesion


Publication in any media by the insured about goods or services
- ANSWER- Advertisements


Also known as Absolute Liability, based on the theory of the
duty of making something sage that is inherently dangerous -
ANSWER- Strict Torts


A house, structure, also referred to as a "primary risk" -
ANSWER- Dwelling


Condition enforced by the courts to do something bound under
law or in a contract - ANSWER- Strict Torts


Amount of loss paid by the policy holder - ANSWER-
Deductible


Violation of an agreement between a seller and buyer in
reference to the condition, content, quality, or title of an item
sold - ANSWER- Breach of Warranty

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Compensation, reparation - ANSWER- Indemnify


Provides property coverage on a contractor's interest in
equipment intended for permanent installation while it is being
transported, unloaded, and installed - ANSWER- Installation
Floater


A beneficiary of a contract only as a result of the First Party's
negligence - ANSWER- Third Party


Reinsurance agreement where the insurers involved will pay
claims in direct relationship with the % of the risk that they are
insuring - ANSWER- Quota Share


Sharing the cost of replacement - ANSWER- Risk Sharing


A legal action filed by one or more persons on behalf of
themselves and others having an identical interest in the alleged
wrongdoing - ANSWER- Class-Action


A specific risk or cause of loss covered by an insurance policy,
such as fire, windstorm, flood, theft, etc. - ANSWER- Peril

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