- Study guides, Class notes & Summaries

Contributory Negligence Insurer refuses to pay anything if the clamant was even partially liable Which of the following incidents would be a liability insurance policy cover? A man slips inside a grocery store and injuries himself While driving, sue looks down to adjust the radio and crashes the car into Jane's car, damaging both cars and injuring herself. Which of the following statements applies to sue? Sue is legally liable for the damages to Jane's car. Jim is out turkey h...

Which kind of losses are covered under a standard fire policy? Direct All fires are not covered by the Standard Fire policies, only those that: are hostile and have a flame or glow At what time does a fire policy go into affect? 12:01am standard time at the location of the insured's property A property is insured under two Standard Fire policies for $25,000 each. A fire causes $10,000 worth of damage. What is the maximum amount the insured may collect under each policy? $5,000 ...

Adhesion Insurance policies are contracts of adhesion, which means that one party (the insurer) dictates the terms, and the other party (the inured) simply accepts or rejects them. One implication of this arrangement is that any ambiguities in the contract will be interpreted in the favor of the insured; in this case, in favor of Stephen. During a storm, lightning strikes a tree in Norman's back yard, causing it to fall on his house and damage his roof. In this case, Norman's ...

he difference between surety bonds and insurance contracts is surety bonds do not constitute a transfer of risk. Subrogation Clause This clause is used when the insurer has paid a covered claim on behalf of the insured that is caused by another party. The insurance company is entitled to the insured's right of recovery from the negligent party. This clause is sometimes called "Transfer of Right of Recovery Against Others to Us." Cause of Loss Forms State the perils that ...

INSURANCE ADJUSTER EXAM QUESTIONS TEST BANK EXAM QUESTIONS AND ANSWERS LATEST DOWNLOAD 2024/2025 BEST EXAM SOLUTION GRADED A+ FOR SUCCESS

Adjuster Pro - Insurance adjuster test | Questions and Answers Verified 100% | Latest Update

Insurance adjuster test | Questions and Answers Verified 100% | Latest Update

Insurance adjuster Exam | 400+ Questions and Answers Verified 100% | Latest Update

Insurance Adjuster Test | 150+ Questions and Answers Verified 100% | Latest Update

Insurance Adjusting- LA Test| Questions and Answers Verified 100%