Claims adjuster exam 1 - Study guides, Class notes & Summaries

Claims Adjuster Exam 1 Questions and Answers 2024( A+ GRADED 100?% VERIFIED).

FLORIDA CLAIMS ADJUSTER EXAM 1 QUESTIONS WITH 100% CORRECT SOLUTIONS

FLORIDA CLAIMS ADJUSTER EXAM 2023WITHBESTSOLUTIONS ACTUALEXAM 100% Abandonment - CORRECT ANSWERS-Property insurance policies usually contain a(n) __________ clause, *stating the insured cannot dump damaged property on the insurer and demand its full value.* Severability - CORRECT ANSWERS-Insurance applies separately to each insured as if other insureds did not exist Insurable Interest - CORRECT ANSWERS-One wherein economic loss would be suffered from an adverse happening to...

Claims AdjusCost 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 insured What - description of insured property Where - address and legal description of insured property Wh...

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

Claims Adjuster Exam 1 with 100% Correct Answers 2023

NEW YORK INDEPENDENT FIRE ADJUSTER EXAM SIMULATOR - SERIES 17-64 Mason has suffered a $42,000 loss to his commercial building due to fire. The building is covered under the Building & Personal Property coverage form and had been vacant for 74 days. The insurer would have paid the entire loss if the building had been occupied, but what will they pay because the insured building was considered vacant? $28,980. $42,000. $6,300. $35,700. - ANS For a loss that would otherwise be covered f...

PA Appraisal License 16-20 Auto Physical Damage Exam Questions and Answers 100% Solved In PA, a consumer reporting agency may list all of the following information about a consumer EXCEPT: - answerMedical Information The device that synchronizes the spark plug firing sequence is: - answerCamshaft Sensor If an insured fail to report a claim in a timely fashion the adjuster will usually: - answerSend the insured a reservation of rights letter When using a dedicated bench fixture to measure...

Claims Adjuster Exam 1 With 100% Correct And Verified Answers