Adjusterpro 5 Study guides, Class notes & Summaries

Commercial Property Insurance - covers direct and indirect losses related to business property - does not include farms and 1-4 family dwellings - insures on an ACV basis - RC is available as an endorsement if the insured meets the coinsurance minimum What are the 4 sections of a commercial property policy? dec page, conditions, coverage forms, and causes of loss forms Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:00 / 0:15 Full screen Brain...

Alabama AdjusterPro Exam for P&C with WC and Crop (2023) Alabama AdjusterPro Exam for P&C with WC and Crop (2023) 1: Incorrect Indemnification may include all of the following except: reimbursement for hotel costs. reimbursement for rental car costs. Answer Given payment for repairs to property. Actual Answer payment for pain and suffering. 2: Correct What is a reserve, in insurance terms? The amount of revenue that the insurer sets aside to pay employee s...