Ok adjuster - Study guides, Class notes & Summaries

Claims Adjuster Exam 1 Questions and Answers Graded A+ Actual Cash Value (ACV) Cost to replace property with new property of like kind and quality less depreciation. Combined Single Limit One limit per occurrence is what we pay up to Split limit What we pay up to per person and per occurrence Deductible What the customer will have to pay; we cover everything else Declarations Page (Dec Page) The basic information about a policy: Who - names of insurer and insur...

Actual Cash Value (ACV) - Correct answer-Cost to replace property with new property of like kind and quality less depreciation. Combined Single Limit - Correct answer-One limit per occurrence is what we pay up to Split limit - Correct answer-What we pay up to per person and per occurrence Deductible - Correct answer-What the customer will have to pay; we cover everything else Declarations Page (Dec Page) - Correct answer-The basic information about a policy: Who - names of insurer and ins...

1. 1. On a car with disc/drum brakes, the front brakes grab quickly when light pedal pressure is applied. This problem could be caused by a bad: A. proportioning valve B. pressure safety switch C. metering valve D. residual check valve: 1. The correct answer is C. The metering valve delays the flow of brake fluid to the front calipers until the pressure in the system rises to a point where the wheel cylinder can overcome the tension of the brake shoe return springs. The purpose is to have b...

NURSING LICENSE QUIZZES.A severe storm rages through OK/ who can the insurance commissioner look to for temp help: emergency adjustors Jane is salaried employee/ what kind of adjustor is jane?: staf What is the title of the insurance professional who processes claims for compensation: insurance adjustor An adjustor who acts as fiduciary agent for an insurer must: have authority granted by the insurer through a contract In which report to the principal would an adjustor include all witness st...

Insurance Adjuster Mississippi Home Owner Coverage A ️Insurance company provides coverage for the dwelling as well as any structures that are ATTACHED to the dwelling and includes materials used to repair the dwelling that are on the premises. Insured has to have at least 80% of the value of home insured. Home Owner Coverage B ️Coverage for any structures that are not directly attached to dwelling, does not apply to a small business. Will only pay up to a maximum of 10% of the cove...

All Lines Adjuster Exam (New York ) 2023 | Complete Solutions Graded A. Personal Inland Marine - coverage territory - ANSWER-worldwide (except for fine arts) The personal property floater is commonly written for insureds without ___. - ANSWERa HO policy The personal effects floater provides coverage only when insured is ___. - ANSWERtraveling The personal effects floater EXCLUDES ___. (5) - ANSWER-passports tickets money contacts artificial limbs Personal Inland Marine - standard deduct...

All Lines Adjuster New York Test Questions with Answers (Already Graded A+) Farm - Basic form includes ___ & ___ damage to livestock. - ANSWERearthquake/flood Farm - Broad form adds what livestock coverages? (5) - ANSWER-electrocution attacks by dogs/wild animals drowning accidents while loading/unloading accidental shooting Farm - Mobile agricultural machinery equipment covers what perils? - ANSWER-open Farm - Mobile agricultural equipment can be covered on blanket basis, except for ___ ...