Examination
180 minutes
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State Insurance Claims Adjuster- Pro Certification
2024- 2025
Adjuster Pro: MS Section 4A – 4B Exam Review
Commercial Property Insurance & Commercial
General Liability Questions and Answers | 100%
Pass Guaranteed | Graded A+ |
Read All Instructions Carefully and Answer All the
Questions Correctly Good Luck: -
1. Commercial Property Insurance provides
coverage against: direct and indirect losses related
to business property,
2. Commercial property Insurance doesn't cover
what?: cover farms or one-to-four family dwellings.
3. Commercial policies insure on ACV or RC?: ACV
4. What are the four sections in a standard
commercial insurnace policy?: 1. Declarations Page
2. Conditions
3. Coverage Forms
4. Causes of Loss Forms
5. Commercial property conditions:: Ï Cancellation /
Non Renewal Ï Vacancy
Ï Changes in Policy
Ï Concealment, Misrepresentation, and Fraud Ï Control
of Property
Ï Other Insurance
Ï Legal Action Against an Insurer Ï Subrogation
Ï Liberalization
Ï No Benefit to Bailee
6. Other Insurance :: concerns property that is
insured by more than one policy.
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7. Subrogation :: allows insurer to sue third parties
for damages to the insured
8. Liberalization :: when an insurer increases its
coverage without raising the premium, current
insureds may adopt the increased coverage within a
45 day time frame.
9. Acme Insurance is trying to attract new
commercial clients, so they decide to broaden
coverage for business personal property items
without increasing the premium. Which
condition would allow the current clients of
Acme Insur- ance to benefit from the newly
expanded coverage?
A. Policy Period
B. Changes in Policy
C. Liberalization
D. Control of Property: C. Liberalization
10. No Benefit to Bailee :: coverage does not apply
to a company's property when it is being used by a
third party even with the insured's permission.
11. William owns a paint store and employs
Brent. One day, while Brent is dec- orating the
window display, he gets carried away dancing
to the music in his headphones, falls off his
ladder, and smashes through the glass. What
policy condition allows William to collect for
the loss on his insurance contract?
A. Subrogation
B. Other Insurance
C. Liberalization
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D. Control of Property: D. Control of Property
protects the property from the negligent acts of
persons other than the policyholder.
12. Conditions specific to commercial
properties:: Conditions specific to com- mercial
properties:
13. Insurer should inform the policyholder at
least days before can- cellation: 45 days
and the penalty is if not given: must offer 30 more
days of coverage at same rates
Vacancy
14. Jim receives a letter in the mail from his
insurer notifying him that his commercial
policy will not be renewed thirty days from
now. Jim protests, saying he needs at least two
months time to find a new policy. Jim ends up
receiving an additional 30 days' coverage at
the same premium as before, because:
A. Jim prepays his insurance two months at a
time.
B. Jim's insurer did not notify him by phone.
C. Jim is an exceptional negotiator.
D. Jim's insurer did not provide him with 45 days'
notice.: D. Jim's insurer did not provide him with 45
days' notice.
15. Vacancy for commericla property:: building is
closed for 60 days or less than 31% of the building's
available floor is occupied for 60 days
16. What are the types of commerical property
coverage forms available?
*The coverage forms serve to define, limit, and
explain what property or property interest is
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