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NC Claims Adjuster Exam Study Questions and Answers
NC Claims Adjuster Exam Study 
Questions and Answers 
Liability Insurance PAP (Part A) - Correct Answer️️ -Pays all the sums and insured 
must legally pay as damage due to BI/PD caused by an accident and resulting from the 
ownership, maintenance or use of a covered auto. 
Coverage Part A through F of a PAP - Correct Answer️️ -A. Liability 
B. Medical Payments 
C. UM/UIM 
D. Physical Damage 
E. Insured Duties 
F. General Provisions 
Certificate of Insurance (COI) - Correct Answer️️ -...
- Exam (elaborations)
- • 34 pages •
NC Claims Adjuster Exam Study 
Questions and Answers 
Liability Insurance PAP (Part A) - Correct Answer️️ -Pays all the sums and insured 
must legally pay as damage due to BI/PD caused by an accident and resulting from the 
ownership, maintenance or use of a covered auto. 
Coverage Part A through F of a PAP - Correct Answer️️ -A. Liability 
B. Medical Payments 
C. UM/UIM 
D. Physical Damage 
E. Insured Duties 
F. General Provisions 
Certificate of Insurance (COI) - Correct Answer️️ -...
Claims Adjuster Final (Multiple Choice Questions) with 100% Correct Answers
Claims Adjuster Final (Multiple Choice Questions) with 
100% Correct Answers 
An adjuster is a fiduciary agent with a responsibility of loyalty to the interest of - Correct 
Answer️️ -The insured and insurer 
An insurer gives which of the following as Consideration for an insurance policy? - 
Correct Answer️️ -A Promise 
The interest of the insured and all other persons in the property involved in a claim is 
found in - Correct Answer️️ -A Proof of Loss 
An insured rear-ends another ...
- Exam (elaborations)
- • 17 pages •
Claims Adjuster Final (Multiple Choice Questions) with 
100% Correct Answers 
An adjuster is a fiduciary agent with a responsibility of loyalty to the interest of - Correct 
Answer️️ -The insured and insurer 
An insurer gives which of the following as Consideration for an insurance policy? - 
Correct Answer️️ -A Promise 
The interest of the insured and all other persons in the property involved in a claim is 
found in - Correct Answer️️ -A Proof of Loss 
An insured rear-ends another ...
Claims Adjuster Exam Questions and Answers 100% Pass
Claims Adjuster Exam Questions and 
Answers 100% Pass 
Insurance - Correct Answer️️ --an economic device used to protect against extreme 
unforeseen loss 
- the transfer of risk from one party to another 
Premium - Correct Answer️️ --the fee paid by the insured in exchange for insurance 
Principle of Indemnity - Correct Answer️️ --the insurer should be restored to where 
they were before the incident 
-no profit can be made 
Idemnification - Correct Answer️️ --to compensate for l...
- Exam (elaborations)
- • 23 pages •
Claims Adjuster Exam Questions and 
Answers 100% Pass 
Insurance - Correct Answer️️ --an economic device used to protect against extreme 
unforeseen loss 
- the transfer of risk from one party to another 
Premium - Correct Answer️️ --the fee paid by the insured in exchange for insurance 
Principle of Indemnity - Correct Answer️️ --the insurer should be restored to where 
they were before the incident 
-no profit can be made 
Idemnification - Correct Answer️️ --to compensate for l...
Insurance Adjuster Exam Questions and Answers 100% Pass
Insurance Adjuster Exam Questions and 
Answers 100% Pass 
Which kind of losses are covered under a standard fire policy? - Correct Answer️️ - 
Direct 
All fires are not covered by the Standard Fire policies, only those that: - Correct 
Answer️️ -are hostile and have a flame or glow 
At what time does a fire policy go into affect? - Correct Answer️️ -12:01am standard 
time at the location of the insured's property 
A property is insured under two Standard Fire policies for $25,000 ea...
- Exam (elaborations)
- • 25 pages •
Insurance Adjuster Exam Questions and 
Answers 100% Pass 
Which kind of losses are covered under a standard fire policy? - Correct Answer️️ - 
Direct 
All fires are not covered by the Standard Fire policies, only those that: - Correct 
Answer️️ -are hostile and have a flame or glow 
At what time does a fire policy go into affect? - Correct Answer️️ -12:01am standard 
time at the location of the insured's property 
A property is insured under two Standard Fire policies for $25,000 ea...
Claims Adjuster Exam Questions and Answers 100% Pass
Claims Adjuster Exam Questions and 
Answers 100% Pass 
Multi Peril-Package - Correct Answer️️ -Any policy which provides property & liability 
coverage (not homeowner) 
ISO policy - Correct Answer️️ -Sold in Texas, but not Texas form 
Only Texas DP 1 - Correct Answer️️ -Mainly the only TDP sold, now with plethora of 
endorsements 
Texas Standard Fire Policy - Correct Answer️️ -Granddaddy of all Texas property 
policies 
Business auto coverage e.g. - Correct Answer️️ -Owner of...
- Exam (elaborations)
- • 11 pages •
Claims Adjuster Exam Questions and 
Answers 100% Pass 
Multi Peril-Package - Correct Answer️️ -Any policy which provides property & liability 
coverage (not homeowner) 
ISO policy - Correct Answer️️ -Sold in Texas, but not Texas form 
Only Texas DP 1 - Correct Answer️️ -Mainly the only TDP sold, now with plethora of 
endorsements 
Texas Standard Fire Policy - Correct Answer️️ -Granddaddy of all Texas property 
policies 
Business auto coverage e.g. - Correct Answer️️ -Owner of...
Claims Adjuster Exam 1 Questions and Answers 100% Pass
Claims Adjuster Exam 1 Questions and Answers 100% Pass 
Actual Cash Value (ACV) - Correct Answer️️ -Cost to replace property with new 
property of like kind and quality less depreciation. 
Combined Single Limit - Correct Answer️️ -One limit per occurrence is what we pay up 
to 
Split limit - Correct Answer️️ -What we pay up to per person and per occurrence 
Deductible - Correct Answer️️ -What the customer will have to pay; we cover 
everything else 
Declarations Page (Dec Page) -...
- Exam (elaborations)
- • 18 pages •
Claims Adjuster Exam 1 Questions and Answers 100% Pass 
Actual Cash Value (ACV) - Correct Answer️️ -Cost to replace property with new 
property of like kind and quality less depreciation. 
Combined Single Limit - Correct Answer️️ -One limit per occurrence is what we pay up 
to 
Split limit - Correct Answer️️ -What we pay up to per person and per occurrence 
Deductible - Correct Answer️️ -What the customer will have to pay; we cover 
everything else 
Declarations Page (Dec Page) -...