Florida Test Study Guide - Public Adjusting exam with correct answers 2024
1 view 0 purchase
Course
Florida Te8769
Institution
Florida Te8769
Those who are eligible for coverage under the Florida Automobile Joint Underwriting Association are? correct answers Military Personnel
A non-resident owning an automobile in Florida
A non-resident subject to Florida no-fault law
A forcible entry into locked premises and the carrying away of...
Florida Test Study Guide - Public
Adjusting
Those who are eligible for coverage under the Florida Automobile Joint
Underwriting
Association are? correct answers Military
Personnel
A non-resident owning an automobile in
Florida
A non-resident subject to Florida no-
fault law
A forcible entry into locked premises and the carrying away of the property
of others is
definition of:a correct answers
Burglary
The inland marine coverage form that covers clothing, cameras and
other portable
property worn and carried by tourists and travelers is a: correct
answers
effects Personal
floater
A residual market to alleviate the temporary unavailability of
property insurance
coverage in significant portions of Florida (e.g. homeowners face non-
renewal or
cancellations) correct answers Residential Property & Casualty Joint
Underwriting
Association for property
owners.
What does the property insurance term "improvements and
betterment"
correct answersapply to?
Real
Property
The penalty imposed upon a Florida licensee who violates a cease and
desists
issued byorder
the CFO: correct answers
$50,000 Fine
What is amount is personal property used for business purposes, under a
policy covered up to correct answers up to $2500 on
Homeowners
premises
up to $1500 off
premises
If a replacement costs exists, but the insured has a policy for only
50% of the cost, what percentage will the insured received for the
replacement
loss? correct
answers 50% of the settlement
amount
A statement that is believed to be true when made, which my prove to be
false. correct
answers
Representation
A statement that is guaranteed to be correct: correct answers
Warranty
When can an insured cancel his/her policy? correct answers At
any time.
In Florida, how many days in advance of a premium due date must an
auto insurer
provide notice of renewal to an insured? correct answers 30 days
written notice
, What deductibles are subject to any aircraft physical damages that differ
according to surrounding a given loss? correct answers In-flight Ded
circumstances
(greatest
amoun
t)
Not-in-Motion (least
amount)
They apply independently based on the
actual loss
Uninsured Motorist's Coverage form, the insured can request: correct
answers Non-
stacked
Coverage
Stacked
Coverage
UM coverage at the limits lower than those that apply for liability
coverage
If a mortgage is acknowledged in the policy and the insured concealed the
fact that
hazard a
exists to the insurance company, would the mortgage have a right to
recover
full loan its
value? correct answers
Yes
Under Florida Comparative Negligence law how much would one be able to
recover
they if found 25% at fault? correct answers 75% (the
were
difference)
If a claimant is under the influence of drugs and/or alcohol and is found to
be 50%
more at or
fault, how much can they recover? correct
answers $0.00
A commercial property coverage part includes: correct answers
Common policy
condition
s
Commercial property
declarations
One or more causes of loss
forms
When an insurance adjuster advises an insured to misrepresent the claim by
suggesting
how to report a claim, the adjuster should be charged with: correct
answers Unfair
Claims
Act
The "outside premises" policy insuring agreement covers: correct
answersand
money Loss of
securities and other property outside the
premises.
The insurer cannot prevent a public adjuster from meeting with their client
after: correct
answers the insurer has been notified of the existence of a
contract
DP-1 is basic Dwelling Coverage. What is the only water damaged covered
under this
form? correct answers Damage caused by water used to
extinguish a fire
In Florida, any policy that contains a separate hurricane deductible
must include:
correct answers the actual dollar value, bold print and notice of high-
out-of pocket
expense to
you
Coverages included under a commercial packaged policy (CPP): correct
answers Farm
Coverag
e
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller compassionellison. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $16.49. You're not tied to anything after your purchase.
