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Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Questions with Detailed Verified Answers (100% Correct Answers) /Already Graded A+Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Questions with Detailed Verified Answers (100% Correct Answers) /Already Graded A+

Florida Claims Adjuster Exam | 206 Questions with 100% Correct Answers | 33 Pages// BEST STUDYGUIDE

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The insurer and insured agree to a specific value of insured item - correct answer Agreed Value Policies Someone who has care, custody or control of another's property - correct answer Bailee Claim filed by policy holder against his _ - correct answer First Party Claim When a person who entrusts another with an object and it results in injury to someone can be held liable for the injury to someone. Can be held liable for the injury i.e. Firearm or DWI - correct answer Negligent Entru...

The policy period is found in what part of an insurance contract? - correct answer Declarations Insurance policies are said to be contracts of... - correct answer Adhesion The failure to exercise due care is known as - correct answer Negligence A building is destroyed by flood. The loss of profits from renting the building is - correct answer Indirect Loss The notice required for cancellation of an Auto Binders is _____ days - correct answer 5 Property Insurance means - correct an...

Multi Peril-Package - correct answer Any policy which provides property & liability coverage (not homeowner) ISO policy - correct answer Sold in Texas, but not Texas form Only Texas DP 1 - correct answer Mainly the only TDP sold, now with plethora of endorsements Texas Standard Fire Policy - correct answer Granddaddy of all Texas property policies Business auto coverage e.g. - correct answer Owner of a taxi to cover collision damage Inland Marine (build milk policy) would cover e....

-Insurable Interest must exist at the time of the loss. -Insurance Interest must exist for insurance to respond. *Show a similarity between insurance and wagering* -The insured would suffer an economic loss. - correct answer All of the following describe insurable interest EXCEPT -It is a personal contract. -Parties are of unequal power with ambiguities or unclear wording resolved in favor of the insured because it is a contract of adhesion. *Indemnity is not part of an insurance co...