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Adjuster Pro Oklahoma Practice Exam Q&A 100% Guaranteed Pass | Rated A+

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Adjuster Pro Oklahoma Practice Exam Q&A 100% Guaranteed Pass | Rated A+ The source of the adjusters authority - In the context of insurance adjusting, who is the principal? Coverage is not negotiable - When Nancy is pulling into her driveway, she accidentally hit the gas and plowed through h...

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  • December 30, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
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Adjuster Pro Oklahoma Practice Exam

Q&A 100% Guaranteed Pass | Rated A+


The source of the adjusters authority - ✔✔In the context of insurance

adjusting, who is the principal?

Coverage is not negotiable - ✔✔When Nancy is pulling into her driveway,

she accidentally hit the gas and plowed through her front wall. She tries to

negotiate the claim with the adjuster, why is this not possible?

True - ✔✔True or false: assuring a claimant a policy is covered without

determining the cause of loss is considered improperly acting as a fiduciary

agent?

Civil disputes between parties - ✔✔Tort Law

The principle of indemnity - ✔✔Melindas home sustained $6,500 in

damages when Jared ran into it with his truck. Melinda received $6,599

from her insurance company and Jared also paid her $5,000. Melinda has

now profited from this loss and is in violation of:




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©NINJANERD 2025/2026. YEAR PUBLISHED 2025.

, A morale hazard - ✔✔Robby drives likes to race other drivers and isn't

concerned with damages because of his good insurance. Robby's behavior

is

Public adjuster - ✔✔A fiduciary agent of behalf of the claimant

Insured - ✔✔An individual or organization that pays premiums in exchange

for financial protection

Principle of indemnity - ✔✔Prevents an insured from making a profit

Policy recission - ✔✔

Public adjuster - ✔✔Hired by the claimant and paid commission

Susan's business is not similar to her husbands - ✔✔Susan is a successful

plastic surgeon and wants to purchase liability insurance. Her husband, a

teacher, is part of a risk retention group and is quite happy with his

insurance. Susan decides to apply to her husband's group, but her

application is denied. Why is this?

A loss - ✔✔Ninas home is located in a high crime neighborhood. One day,

she comes home from work to find that her garage door had been

vandalized and must be replaced. Nina's insurer pays her a $2,200

settlement for her claim. The insurer considers the settlement;



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©NINJANERD 2025/2026. YEAR PUBLISHED 2025.

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