Adjuster pro terms - Study guides, Class notes & Summaries
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Adjuster Pro Alabama Glossary Terms Exam Questions And Answers @ 2024
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Adjuster Pro Alabama Glossary Terms Exam Questions And Answers @ 2024...
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Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions
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Florida 6-20 All Lines Adjuster Test| 276 questions| 
50 Pages| With Complete Solutions 
Florida 6-20 All Lines Adjuster Test| 276 questions| 
50 Pages| With Complete Solutions 
A public adjuster represents the interest of: 
A. The insurer 
B. The Insured 
C. The employer 
D. The interest of the general public - Correct Answer -B. The insured 
Which of the following is the type of report that indicates the initial results of 
a claim investigation? 
A. Field Report 
B. Interim Report 
C. Full Re...
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Adjuster Pro - Insurance Adjuster Test Questions and Answers Already Passed
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Adjuster Pro - Insurance Adjuster Test 
Questions and Answers Already Passed 
 
What is insurance? protection against financial loss 
 
what is a premium a scheduled amount to be paid for an insurance policy. 
 
What are premiums used for premiums are collected into a "pool" or "reserve to pay out 
claimants when needed. 
 
how can insurance companies afford to pay for an individuals catastrophic loss? the insurer 
collects premiums from all policy holders and uses them to pay out the claims ...
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Glossary of Terms - Adjuster Pro Certification| 259 QUESTIONS And Answers WITH VERIFIED SOLUTIONS GRADED A+
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Glossary of Terms - Adjuster Pro 
Certification| 259 QUESTIONS And 
Answers WITH VERIFIED SOLUTIONS 
GRADED A+ 
Accumulated Depreciation Correct 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) Correct 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 Co...
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UPDATED 2024/2025 Glossary of Terms - Adjuster Pro Certification Questions and Answers 2023 100% Verified
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Glossary of Terms - Adjuster Pro 
Certification Questions and Answers 
2023 100% Verified 
Accumulated Depreciation - CORRECT ANS 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) - CORRECT ANS 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 - CORRECT ANS One of ...
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Adjuster Pro Alabama Exam Questions and Answers-Glossary terms
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Adjuster Pro Alabama Exam Questions and Answers-Glossary terms
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Adjuster Pro - Florida Certified Adjuster Glossary with Complete Solutions
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Adjuster Pro - Florida Certified Adjuster Glossary with Complete SolutionsAdjuster Pro - Florida Certified Adjuster Glossary with Complete SolutionsAdjuster Pro - Florida Certified Adjuster Glossary with Complete SolutionsAdjuster Pro - Florida Certified Adjuster Glossary with Complete SolutionsAccumulated 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...
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Glossary of Terms - Adjuster Pro Certification| 259 QUESTIONS And Answers WITH VERIFIED SOLUTIONS GRADED A+
- Exam (elaborations) • 38 pages • 2023
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Glossary of Terms - Adjuster Pro 
Certification| 259 QUESTIONS And 
Answers WITH VERIFIED SOLUTIONS 
GRADED A+ 
Accumulated Depreciation Correct 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) Correct 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 Co...
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ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED
- Exam (elaborations) • 25 pages • 2024
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ADJUSTER PRO - FLORIDA CERTIFIED ADJUSTER GLOSSARY QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 
 
Accumulated Depreciation 
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) 
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 
One of the characteristics of an insurance contra...
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Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers
- Exam (elaborations) • 46 pages • 2023
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Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers Indiana Adjuster Pro Licensing Exam- With 100% Correct Questions and Answers 
insurance - ANSWER - transfer of risk 
 
insurance - ANSWER - transfer of risk 
 
Accident Insurance - ANSWER - Covers expenses associated with a covered accident and can extend to ambulance...
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