Exam (elaborations)

Adjuster Pro Texas Exam Questions and Answers 100% Solved | Graded A+

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Adjuster Pro Texas Exam Questions and

Answers 100% Solved | Graded A+

All of the following pieces of information can be found in the conditions

section of an insurance policy EXCEPT: - ✔✔Causes of loss that are not

covered

Which of the following best defines the principle of indemnity? - ✔✔After a

loss, the insured should be restored to his approximate financial condition

before the loss

SureTrust Insurance was founded and operates in Texas. In Texas,

Suretrust is considered - ✔✔a domestic insurer

What is a reserve, in insurance terms? - ✔✔A pool of collected premiums

that the insurer sets aside to pay claims

Which of the following would you find in the Conditions section of an

insurance policy? - ✔✔The insured's duty after a loss

Which of the following is found in the declarations page of an insurance

policy? - ✔✔The name of the insured party

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,Which of the following refers to being restored to the financial condition you

were in before a loss? - ✔✔Indemnification

Dr. Nelson routinely schedules her patients for lab tests that they dont need

so she can charge their insurers for more money. Dr. Nelson is: -

✔✔committing health insurance fraud

Six Starts Development Company has just purchased several large

properties in Las Vegas. As a result of this large purchase, they are a little

short on money and decide to save money by not purchasing insurance on

their new properties. Six Stars is practicing: - ✔✔Risk retention

Which of the following people committed soft fraud? - ✔✔Rafael

accidentally slipped on a wet floor at the supermarket. Although his only

injury was a sprained ankle, he claimed he had back and neck pain when

he sued the supermarket in an effort to get more money in the settlement.

When a car stops short in front of Mike's car, he manages to hit the brakes

in time and avoids a collision. To Mike's surprise, the other driver then

throws the car into reverse and backs into Mike's car! The other drivers

actions are an example of: - ✔✔Hard fraud

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,When Louise goes online and fills out phony applications with XYZ Auto

Insurance in order to print the temporary insurance cards and sell them for

a profit on the black market, she is: - ✔✔Committing hard fraud

Lucy has insurance on an expensive necklace she likes to wear to work

every day. After work, she takes it off and leaves it in her car's cupholder

so she can put it back on in the morning on her way to work. Lucy's

behavior would be considered a: - ✔✔Morale hazard

When an insurer issues an insurance policy, the actual item, person, or

organization that is being insured is called the: - ✔✔Risk

Which of the following situations does not involve an instance of "pure risk"

- ✔✔Loss of money invested in the stock market

Which of the following is an example of how some insurers are fighting

back against insurance fraud? - ✔✔Starting fraud busting units staffed with

former detectives and police officers

Which of the following is NOT a form of insurance fraud? - ✔✔Increasing

your insurance coverage when you think a loss is likely

Steve has just purchased a wedding ring for his new bride. If something

were to happen to the ring, he'd be out of a lot of money, so he purchases

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, an insurance policy. He is able to do this because: - ✔✔The ring is a pure

risk

Haley takes a bottle of water into a store, pours some of it on the floor

when no one is looking, and then pretends to slip and fall. She cries out for

help in apparent pain until someone comes to her aid. She then sues the

store for her fake injury in an effort to collect an insurance settlement. What

has Haley committed? - ✔✔Hard fraud

After an earthquake, Jake's home is still standing, but it is a little shaken.

The damage is not extensive but Jake wants to cash in on the situation, so

he takes a sledgehammer to some of his extra belongings and adds them

to his claim. Jake has committed: - ✔✔Property insurance fraud

Which of the following is an example of a hazard? - ✔✔Sandra's home is in

an area of Los Angeles that is often hit by earthquakes

Risk avoidance is a risk management technique that: - ✔✔Eliminates risk

An "occurrence" is defined as: - ✔✔An unexpected event that causes loss

When Sally applies for an auto policy, her agent issues her a _______ so

that she can benefit from insurance protection while he underwrites the

policy. - ✔✔Binder

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©NINJANERD 2025/2026. YEAR PUBLISHED 2025.

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