3 types of adjusters Study guides, Class notes & Summaries
Looking for the best study guides, study notes and summaries about 3 types of adjusters? On this page you'll find 170 study documents about 3 types of adjusters.
Page 2 out of 170 results
Sort by
-
Adjuster's License Test - Adjusting Losses Exam Questions and Answers
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
-
- $11.49
- + learn more
Adjuster's License Test - Adjusting Losses 
Exam Questions and Answers 
A public adjuster Primarily represents the interests of: -Answer-The insured named in 
the policy 
Adjusters employed by State Farm, Allstate, and Travelers would be considered what 
type of adjusters -Answer-Company or Staff 
The CT insurance Dept. regulates activities of PAs by setting fourth specific rules in 
communicating settlement offers from the insurer of their clients. Accordingly, upon 
receipt of an offer to set...
-
Adjuster Pro - Florida Certified Adjuster Glossary Exam Questions and Answers
- Exam (elaborations) • 19 pages • 2023
-
Available in package deal
-
- $9.99
- 1x sold
- + learn more
Accumulated Depreciation - ANSWER-The total decrease in an item's value over a period of time. Formula: (Annual Depreciation x Number of years used) 
 
Actual Cash Value (ACV) - ANSWER-A valuation method used by insurers to reflect an item's current market value right before being damaged or destroyed. Formula: (Replacement cost - Accumulated Depreciation) 
 
Adhesion - ANSWER-One of the characteristics of an insurance contract. Means that one party (the insurer) sets the terms, and the other ...
-
2024 Louisiana Insurance AdjusterExam Questions And Answers Rated A+ New Update Assured Satisfaction
- Exam (elaborations) • 20 pages • 2024
- Available in package deal
-
- $8.39
- + learn more
3 Degrees of Liability - Answer-1.)Full Liability - The insured party is 100% at fault for damages to a 
third party. 
2.)Partial Liability - the insured party is only partially at fault or shares fault with a third party. 
3.)No Liability - the insured party has 0% or no liability in the damage to a third party. 
3 Major Responsibilities of Contracted Agents - Answer-1.) Adhere to of follow the contract 
2.) Use reasonable judgement and care 
3.) Provide all necessary information and documentat...
-
Louisiana P&C Adjuster Exam Prep 2024 Verified Questions and Answers Graded A
- Exam (elaborations) • 15 pages • 2024
-
Available in package deal
-
- $12.49
- + learn more
The one who receives the authority to act on behalf of someone else? - Agent 
 
what does a sale's agent receive authority for? - to sell 
 
An insurance agent receives authority to what? - Settle claims brought against the insurer 
 
How do agents receive their authority? - written contract 
 
What is the power to bind? - an agent's authority can bind: 
 
-what an agent says or does can bind insurer 
-agents should take the utmost care in what they say or do 
-even if insure makes mistakes,...
-
Florida Public Adjuster State Test |Graded A+|
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
-
- $9.69
- + learn more
Florida Public Adjuster State Test 
|Graded A+| 
2 Types of Tort Liability *Ans*1.Negligent Liability(Unintentional) 
2.Strict Liability(Intentional) 
3 Basic Claims Handling activities? *Ans*1. Investigate 
2.Evaluate 
3.Negotiate 
3 Types of Adjusters *Ans*1.Staff Adjusters 
2.Fee Adjusters 
A.Independent Adjusters 
B.Bureau Adjusters 
3.Public Adjusters 
4 Elements of a Valid Contract? *Ans*1.A manifestation of assent to its terms by parties who make 
the contract. 
2.A suff...
As you read this, a fellow student has made another $4.70
-
Adjuster's License Test - Adjusting Losses Exam Questions and Answers
- Exam (elaborations) • 9 pages • 2024
- Available in package deal
-
- $12.49
- + learn more
Adjuster's License Test - Adjusting Losses 
Exam Questions and Answers 
A public adjuster Primarily represents the interests of: -Answer-The insured named in 
the policy 
Adjusters employed by State Farm, Allstate, and Travelers would be considered what 
type of adjusters -Answer-Company or Staff 
The CT insurance Dept. regulates activities of PAs by setting fourth specific rules in 
communicating settlement offers from the insurer of their clients. Accordingly, upon 
receipt of an offer to set...
-
Florida Claims Adjuster Actual Exam 100% Correct Answers (Passed and Licensed) Updated 2023 Best Revision Material
- Exam (elaborations) • 27 pages • 2024
-
- $17.71
- + learn more
Florida Claims Adjuster 
Actual Exam 100% Correct 
Answers (Passed and 
Licensed) Updated 2023 
Best Revision Material 
Severability -------- Correct Answer -------- Insurance applies separately to each insured 
as if other insureds did not exist. 
Abandonment -------- Correct Answer -------- Property insurance policies usually contain 
a(n) __________ clause, *stating the insured cannot dump damaged property on the 
insurer and demand its full value.* 
Insurable Interest -------- Correct...
-
FLORIDA CLAIMS ADJUSTER EXAM/203 QUESTIONS AND ANSWERS GRADED A 2023 EXAM
- Exam (elaborations) • 58 pages • 2024
-
- $18.74
- + learn more
FLORIDA CLAIMS ADJUSTER 
EXAM/203 QUESTIONS AND 
ANSWERS GRADED A 2023 
EXAM 
Severability - √Answer>Insurance applies separately to 
each insured as if other insureds did not exist. 
-Abandonment - √Answer>Property insurance policies 
usually contain a(n) __________ clause, *stating the 
insured cannot dump damaged property on the insurer and 
demand its full value. * 
-Insurable Interest - √Answer>One wherein economic loss 
would be suffered from an adverse happening to t...
-
FLORIDA CLAIMS ADJUSTER EXAM QUESTIONS AND ANSWERS 2023 EXAM GRADED A (Over 200 questions and answers 100% verified)
- Exam (elaborations) • 88 pages • 2024
-
- $20.59
- + learn more
1 / 34 
FLORIDA CLAIMS ADJUSTER 
EXAM QUESTIONS AND 
ANSWERS 2023 EXAM GRADED A 
(Over 200 questions and answers 
100% verified) 
1. Frank owned a home that was destroyed by a hurricane. Both ABC and 
XYZ Banks were listed as additional interests on his homeowner policy.The 
insurance company will make a payment to: 
A. The first mortgagee, ABC 
B.The Insured 
C. Jointly to ABC and XYZ 
D. All listed interests: Ans- D. All listed interests 
Remember that the insurer is not responsible to know...
-
Missouri Property and Casualty State Laws Verified Solutions
- Exam (elaborations) • 11 pages • 2024
-
Available in package deal
-
- $9.99
- + learn more
Missouri Property and Casualty State Laws Verified Solutions 
Regulation and Oversight - National Association of Insurance Commissioners (NAIC): Writes rules and statutes for the legislature. - Director of the Department of Insurance: - Appointed by the Governor with Senate advice and consent. - Acts primarily as a policyholder with regard to insurance companies. - Full authority includes regulating the insurance department, interpreting laws, and examining 
insurers' records. - Powers of th...
How did he do that? By selling his study resources on Stuvia. Try it yourself! Discover all about earning on Stuvia