Adjuster pro insurance Study guides, Class notes & Summaries
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Adjuster Pro - Florida Certified Adjuster Glossary Exam Prep 2023.
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Adjuster Pro - Florida Certified Adjuster Glossary Exam Prep 2023. 
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 contrac...
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Florida Claims Adjuster Exam 206 Questions with 100% Correct Answers | 33 Pages
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Florida Claims Adjuster Exam Questions with Correct Answers 
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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: D. All listed interests 
Remember that the insurer is not responsible to know the degrees of interest. In 
the event of a loss, one payment is ma...
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Florida Adjuster Exam /Study Guide Bundle (Graded A )updated 2023
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Florida 6-20 All Lines Adjuster 
Florida Adjuster Licensing Practice
Florida Public Adjuster State
Florida Claims Adjuster
Adjuster Pro - Florida Certified Adjuster Glossary 
Florida 6-20 All Lines Adjuster 
Florida Adjuster Exam
Florida Test Study Guide - Public Adjusting 3-20 (Set 1)
Adjuster Pro - Insurance adjuster test
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AL Practice Exam – Adjusting 2023 with complete solution
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1.	1. The insured carries a BOP policy with protective systems such as a sprinkler system. If the system becomes inoperative, the insured must 
advise the insurance company of the problem within	if the system cannot be restored to working order: 48 hours Your Answer 
2.	2. Tina has two policies (Policy X and Policy Y) that cover the same risk on a pro rata basis. Policy X has a limit of $100,000 and Policy Y has a limit of 
$25,000. When Tina suffers a loss totaling $75,000, how will the two pol...
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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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Adjuster Pro - Insurance adjuster test | Questions with 100% Correct Answers | Verified | Updated 2024
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Adjuster Pro - Insurance adjuster test | Questions with 100% Correct Answers | Verified | Updated 2024
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Claims Adjuster Final (Multiple Choice Questions) 2022/2023
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An adjuster is a fiduciary agent with a responsibility of loyalty to the interest of 
The insured and insurer 
 
 
 
An insurer gives which of the following as Consideration for an insurance policy? 
A Promise 
 
 
 
The interest of the insured and all other persons in the property involved in a claim is 
found in 
A Proof of Loss 
 
 
 
An insured rear-ends another driver's vehicle. The auto policy that pays damages to 
repair the damaged vehicle is a _______? 
Liability Policy 
 
 
 
Your ins...
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ADJUSTER PRO - INSURANCE ADJUSTER TEST LATEST UPDATE Questions and Answers (2024 / 2025) (Verified Answers)
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ADJUSTER PRO - INSURANCE ADJUSTER TEST LATEST UPDATE Questions and Answers (2024 / 2025) (Verified Answers).1.	What is insurance?: protection against financial loss 
 
2.	what is a premium: a scheduled amount to be paid for an insurance 
 
policy. 
 
3.	What are premiums used for: premiums are collected into a "pool" or "reserve to pay out claimants when needed. 
4.	how can insurance companies afford to pay for an individuals catastrophic loss?: the insurer collects premiums from all pol...
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Adjuster Pro - Insurance adjuster test Questions and answers
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Adjuster Pro - Insurance adjuster test Questions and answers
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