Wv adjuster test - Study guides, Class notes & Summaries

WV Adjuster Test | Questions with 100% Correct Answers | Verified | Updated 2024

WV Adjuster Test 100% Solved 2024 What is the definition of a public adjuster? - Answer- An adjuster who works for the insured If an insurance company is fined (max $1000) by commissioner, how many days do they have to pay or appeal the fine? - Answer- 30 Days Subrogation occurs when? - Answer- The insurer steps into the position of the insured and may collect from the responsible party for damages What is the purpose of excess insurance? - Answer- To provide additional liability coverag...

WV Adjuster Test 100% Solved 2024 What is the definition of a public adjuster? - Answer- An adjuster who works for the insured If an insurance company is fined (max $1000) by commissioner, how many days do they have to pay or appeal the fine? - Answer- 30 Days Subrogation occurs when? - Answer- The insurer steps into the position of the insured and may collect from the responsible party for damages What is the purpose of excess insurance? - Answer- To provide additional liability coverag...

WV Adjuster Test Questions and Answers What is the definition of a public adjuster? - Ans:-An adjuster who works for the insured If an insurance company is fined (max $1000) by commissioner, how many days do they have to pay or appeal the fine? - Ans:-30 Days Subrogation occurs when? - Ans:-The insurer steps into the position of the insured and may collect from the responsible party for damages What is the purpose of excess insurance? - Ans:-To provide additional liability coverage above a...

What is the definition of a public adjuster? - Answer- An adjuster who works for the insured If an insurance company is fined (max $1000) by commissioner, how many days do they have to pay or appeal the fine? - Answer- 30 Days Subrogation occurs when? - Answer- The insurer steps into the position of the insured and may collect from the responsible party for damages What is the purpose of excess insurance? - Answer- To provide additional liability coverage above and beyond that which is ...

WV Adjuster Test

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If an insurance company is fined (max $1000) by commissioner, how many days do they have to pay or appeal the fine? - ANSWER-30 Days Subrogation occurs when? - ANSWER-The insurer steps into the position of the insured and may collect from the responsible party for damages What is the purpose of excess insurance? - ANSWER-To provide additional liability coverage above and beyond that which is provided by the primary policy How is the value of personal property determined when using ACV? ...

WV Adjuster Test 100% Solved 2024 What is the definition of a public adjuster? - Answer- An adjuster who works for the insured If an insurance company is fined (max $1000) by commissioner, how many days do they have to pay or appeal the fine? - Answer- 30 Days Subrogation occurs when? - Answer- The insurer steps into the position of the insured and may collect from the responsible party for damages What is the purpose of excess insurance? - Answer- To provide additional liability coverag...

WV Adjuster Test Questions And Correct Answers What is the definition of a public adjuster? - answerAn adjuster who works for the insured If an insurance company is fined (max $1000) by commissioner, how many days do they have to pay or appeal the fine? - answer30 Days Subrogation occurs when? - answerThe insurer steps into the position of the insured and may collect from the responsible party for damages What is the purpose of excess insurance? - answerTo provide additional liability cov...