Public adjusters - Study guides, Class notes & Summaries

Florida No-Fault Tort Exemption Correct Answer: Those who comply with the law are granted limited immunity from suits of others through PIP coverage. 4 Exceptions to Tort Exemption(Threshold of No-Fault) Correct Answer: 1. Significant and Permanent loss of bodily function. 2.Permanent injury other than scarring and disfigurement. 3.Significant and Permanent scarring or disfigurement. 4.Death What does NFIP stand for? Correct Answer: National Flood Insurance Program Form SR-22 Corr...

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Subordination Correct Answer: When the insured collets damages from his or her own insurance company and those damages were caused by negligent third-party, the insurance company steps into the shoes of the insured and is entitled to recover the damages actually paid to the insured from the negligent party liability insurance Correct Answer: Means that the payment by the insurance company will be made to a third-party injured or damaged by the insured. An insured can we never recover damage...

PUBLIC ADJUSTER QUESTIONS AND ANSWERS ALREADY PASSED Program Trigger for terrorist acts must cause a collective damage in excess of? • $100,000,000 TF A public adjuster may own no more than 50% in a salvage or similar business? • F General Average • Loss shared by all parties Particular Average • Only one party shares in the loss. In a home owner policy there is no deductible for • Liability Coverage In BOP covered property is listed and described in what part of th...

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626.854 (3) Correct Answer: A public adjuster may not give legal advice or act on behalf of or aid any person in negotiating or settling a claim relating to bodily injury, death, or noneconomic damages. 626.854 (5) Correct Answer: A public adjuster may not directly or indirectly through any other person or entity solicit an insured or claimant by any means except on Monday through Saturday of each week and only between the hours of 8 a.m. and 8 p.m. on those days. 626.854 (6) Correct Ans...

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Florida 3-20 Public Adjusters State Exam (Set 1) | Questions And Answers 100% Correct Answers | 2024 Updated Study Tests Florida 3-20 Public Adjusters State Exam (Set 1) | Questions And Answers 100% Correct Answers | 2024 Updated Study Tests