1 Exam (elaborations) All Lines Adjuster Exam questions and answers graded A+ 2024 2 Exam (elaborations) All Lines Adjuster questions well answered rated A+ 3 Exam (elaborations) Chapter 6 - Texas All Lines questions n answers graded A+ 2024/2025 4 Exam (elaborations) SF: Texas All Lines Adjuste...
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TX ADJUSTER TESTSubrogate Subrogation is the right for an insurer to legally pursue a third party that caused an insurance loss to the insured. This is done as a means of recovering the amount of the claim paid by the insurance carrier to the insured for the loss. - correct answer While investigatin...
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Add to cartTX ADJUSTER TESTSubrogate Subrogation is the right for an insurer to legally pursue a third party that caused an insurance loss to the insured. This is done as a means of recovering the amount of the claim paid by the insurance carrier to the insured for the loss. - correct answer While investigatin...
Texas All-Lines AdjustingAccumulated Depreciation - correct 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) - correct answer An item's current market value right before being damaged or destroyed...
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Add to cartTexas All-Lines AdjustingAccumulated Depreciation - correct 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) - correct answer An item's current market value right before being damaged or destroyed...
Texas All-Lines Adjusterinsurance - correct answer The transfer of risk. Insured - correct answer 1ST party. Customer. Person covered by policy. Insurer - correct answer 2ND party. Insurance company Adjuster - correct answer Investigates/adjusts claims Licensing age requirement - correct...
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Add to cartTexas All-Lines Adjusterinsurance - correct answer The transfer of risk. Insured - correct answer 1ST party. Customer. Person covered by policy. Insurer - correct answer 2ND party. Insurance company Adjuster - correct answer Investigates/adjusts claims Licensing age requirement - correct...
Texas All-Lines Adjuster Self-Study Terms for 360 Training test (possible)Arbitration - correct answer A process under which two parties (the insured and the insurance company) can settle a claim dispute without the need to go to court. Three Arbitrators hear arguments from both parties and set the ...
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Add to cartTexas All-Lines Adjuster Self-Study Terms for 360 Training test (possible)Arbitration - correct answer A process under which two parties (the insured and the insurance company) can settle a claim dispute without the need to go to court. Three Arbitrators hear arguments from both parties and set the ...
Texas All-Lines Adjuster Pre-LicensingA friend of your moves to Texas and wants to become an insurance adjuster and asks you "what are the qualification to be an adjuster?" This person has completed her insurance designation, the CLU (Certified Life Insurance Underwriter) after passing several rig...
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Add to cartTexas All-Lines Adjuster Pre-LicensingA friend of your moves to Texas and wants to become an insurance adjuster and asks you "what are the qualification to be an adjuster?" This person has completed her insurance designation, the CLU (Certified Life Insurance Underwriter) after passing several rig...
Texas All-Lines Adjuster Pre-Licensing Chapter 1 - correct answer insurance - correct answer financial took that protects individual and organizations from unforeseen and extraordinary financial losses by transferring risk to another party insured - correct answer individual or organization ...
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Add to cartTexas All-Lines Adjuster Pre-Licensing Chapter 1 - correct answer insurance - correct answer financial took that protects individual and organizations from unforeseen and extraordinary financial losses by transferring risk to another party insured - correct answer individual or organization ...
Texas All-Lines Adjuster Pre-Licensing Online Course Study Guide Answer Sheet Insurance - correct answer coverage by contract whereby one party undertakes to indemnify (hold harmless) or guarantee another against loss by a specified contingency or peril NAIC - correct answer organization whose p...
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Add to cartTexas All-Lines Adjuster Pre-Licensing Online Course Study Guide Answer Sheet Insurance - correct answer coverage by contract whereby one party undertakes to indemnify (hold harmless) or guarantee another against loss by a specified contingency or peril NAIC - correct answer organization whose p...
Texas All-Lines Adjuster Pre-Licensing Course Final Exam A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - correct answer We have 6 months to re...
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Add to cartTexas All-Lines Adjuster Pre-Licensing Course Final Exam A severe thunderstorm damaged a policyholder's residence. He called and asked how long it would be before he receives payment for his claim. Which of the following would NOT be an appropriate response? - correct answer We have 6 months to re...
Texas All-Lines Adjuster Exam Chapter 2Insurance Adjuster - correct answer One who settles claims. This typically involves investigation of the loss and a determination of the extent of the damages and coverage Staff Adjuster - correct answer An insurance adjuster who is an employee of the insura...
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Add to cartTexas All-Lines Adjuster Exam Chapter 2Insurance Adjuster - correct answer One who settles claims. This typically involves investigation of the loss and a determination of the extent of the damages and coverage Staff Adjuster - correct answer An insurance adjuster who is an employee of the insura...
Texas All-Line AdjusterStaff Adjuster - correct answer Adjusters who work exclusively for an insurance company Independent Adjuster - correct answer An individual who employs as an independent contactor to an adjusting and staffing company and handles claims for an insurance company Public Adj...
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Add to cartTexas All-Line AdjusterStaff Adjuster - correct answer Adjusters who work exclusively for an insurance company Independent Adjuster - correct answer An individual who employs as an independent contactor to an adjusting and staffing company and handles claims for an insurance company Public Adj...
Texas All Lines Adjusterprinciple of indemnity - correct answer restoration to previous Financial condition, no more, no less Four qualifications of a contract - correct answer Agreement, consideration, competent parties, legal purpose Six special characteristics of an insurance contract - cor...
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Add to cartTexas All Lines Adjusterprinciple of indemnity - correct answer restoration to previous Financial condition, no more, no less Four qualifications of a contract - correct answer Agreement, consideration, competent parties, legal purpose Six special characteristics of an insurance contract - cor...
Texas All Lines AdjusterLaw of Large Numbers - correct answer Describes how the average of a randomly selected large sample of population is likely to be close to the average of the whole population Underwriting - correct answer The process insurance company uses to decide whether to accept or re...
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Add to cartTexas All Lines AdjusterLaw of Large Numbers - correct answer Describes how the average of a randomly selected large sample of population is likely to be close to the average of the whole population Underwriting - correct answer The process insurance company uses to decide whether to accept or re...
Texas All Lines AdjusterAdjuster - correct answer an individual license under Insurance Code Article 21.07-4 All lines, Property & Casualty, Workers Compensation - correct answer Types of Texas adjusters CPCU designated, Associat in claims (AIC) designation, completed course or exam with 12 mo...
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Add to cartTexas All Lines AdjusterAdjuster - correct answer an individual license under Insurance Code Article 21.07-4 All lines, Property & Casualty, Workers Compensation - correct answer Types of Texas adjusters CPCU designated, Associat in claims (AIC) designation, completed course or exam with 12 mo...
Texas All Lines AdjusterReinsurance Allows an insurance company to sell part of the risk they have assumed from a policyholder and thereby write more insurance and protect the company from any large losses it would not be able to handle on its own. Stock Companies Insurance companies owned by...
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Add to cartTexas All Lines AdjusterReinsurance Allows an insurance company to sell part of the risk they have assumed from a policyholder and thereby write more insurance and protect the company from any large losses it would not be able to handle on its own. Stock Companies Insurance companies owned by...
Texas All lines adjuster license personal lines - Homeowners policy chapter 36 type of homeowner insurance coverages - correct answer Dwelling Other structures Personal property Loss of use Liability Medical payments to others This section of your homeowners insurance package covers your hou...
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Add to cartTexas All lines adjuster license personal lines - Homeowners policy chapter 36 type of homeowner insurance coverages - correct answer Dwelling Other structures Personal property Loss of use Liability Medical payments to others This section of your homeowners insurance package covers your hou...
Texas all lines adjuster license licensing requirements chapter 13Texas law define an agent as someone who is authorized to: - correct answer solicit insurance or sale insurance on behalf of an insurer receive or transmit an application for insurance A temporary adjuster license is only valid ...
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Add to cartTexas all lines adjuster license licensing requirements chapter 13Texas law define an agent as someone who is authorized to: - correct answer solicit insurance or sale insurance on behalf of an insurer receive or transmit an application for insurance A temporary adjuster license is only valid ...
Texas All lines adjuster license insurance terms and related concepts Chapter 1 Law of Large Numbers - correct answer the more examples used to develop any statistic, the more reliable the statistic will be Underwriting - correct answer The process and insurance company uses to decide whether to...
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Add to cartTexas All lines adjuster license insurance terms and related concepts Chapter 1 Law of Large Numbers - correct answer the more examples used to develop any statistic, the more reliable the statistic will be Underwriting - correct answer The process and insurance company uses to decide whether to...
Texas All Lines Adjuster License Final Exam (The Adjuster School)Uninsured Motorist This type of Auto Coverage pays for your damages if you were involved in a hit-and-run: Uninsured Motorist Comprehensive Liability Collison Liability What is the responsibility to another for one's neglig...
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Add to cartTexas All Lines Adjuster License Final Exam (The Adjuster School)Uninsured Motorist This type of Auto Coverage pays for your damages if you were involved in a hit-and-run: Uninsured Motorist Comprehensive Liability Collison Liability What is the responsibility to another for one's neglig...
Texas All Lines Adjuster License CourseCommercial Auto Insurance - correct answer Commercial auto insurance contains two coverage's Liability and Physical Damage Others which are basic to business auto exposures and added by endorsement are Personal Injury Protection Medical Payments and Uninsured ...
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Add to cartTexas All Lines Adjuster License CourseCommercial Auto Insurance - correct answer Commercial auto insurance contains two coverage's Liability and Physical Damage Others which are basic to business auto exposures and added by endorsement are Personal Injury Protection Medical Payments and Uninsured ...
Texas all lines adjuster license commercial general liability chapter 8 Commercial general liability ( CGL) - correct answer This covers business liability hazards that are not covered under more specialized forms of insurance such as auto, marine, workers compensation and others. What are three...
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Add to cartTexas all lines adjuster license commercial general liability chapter 8 Commercial general liability ( CGL) - correct answer This covers business liability hazards that are not covered under more specialized forms of insurance such as auto, marine, workers compensation and others. What are three...
Texas All lines adjuster license chapter 11Commercial articles - correct answer This form covers the interests of the owner of commercial cameras musical instruments and related equipment and similar property of others that is in the insurance care? Property in transit - correct answer Items curr...
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Add to cartTexas All lines adjuster license chapter 11Commercial articles - correct answer This form covers the interests of the owner of commercial cameras musical instruments and related equipment and similar property of others that is in the insurance care? Property in transit - correct answer Items curr...
Texas All lines adjuster license chapter 5 worker’s compensation An employer must report the following to its INSURANCE CARRIER within ____ of the date: - correct answer 8 days of the date. An employee misses more than one day of work because of a work related injury An employer knows about...
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Add to cartTexas All lines adjuster license chapter 5 worker’s compensation An employer must report the following to its INSURANCE CARRIER within ____ of the date: - correct answer 8 days of the date. An employee misses more than one day of work because of a work related injury An employer knows about...
Texas All lines adjuster license Auto Liability chapter 7What is the minimum liability coverage for bodily injury - correct answer $30,000 per person and $60,000 per accident? What is the limit on property damage per auto accident - correct answer $25,000? What is 30/60/25 - correct answer The...
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Add to cartTexas All lines adjuster license Auto Liability chapter 7What is the minimum liability coverage for bodily injury - correct answer $30,000 per person and $60,000 per accident? What is the limit on property damage per auto accident - correct answer $25,000? What is 30/60/25 - correct answer The...
Texas All Lines Adjuster Laws & Regulation Review Quiz All of the following are exempted from the requirement of an adjuster's license examination except: A. Those persons holding CPCU designation; B. those persons adjusting worker’s compensation claims; C. Those persons who have received the As...
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Add to cartTexas All Lines Adjuster Laws & Regulation Review Quiz All of the following are exempted from the requirement of an adjuster's license examination except: A. Those persons holding CPCU designation; B. those persons adjusting worker’s compensation claims; C. Those persons who have received the As...
Texas All Lines Adjuster ExamDP - valuation - correct answer DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - correct answer 20% of A DP - coverages (A-E) - correct answer A - dwelling B - other structures C - personal property D - fair...
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Add to cartTexas All Lines Adjuster ExamDP - valuation - correct answer DP-1 - ACV building & contents DP-2/3 - RCV building & ACV contents DP - limit for fair rental value - correct answer 20% of A DP - coverages (A-E) - correct answer A - dwelling B - other structures C - personal property D - fair...
Texas All Lines Adjuster Exam Chapter 8Burglary - correct answer Theft of property that leaves visible marks of forced entry Robbery - correct answer Taking or stealing of property involving a face-to-face confrontation. Theft - correct answer Dishonest taking of property without owner's cons...
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Add to cartTexas All Lines Adjuster Exam Chapter 8Burglary - correct answer Theft of property that leaves visible marks of forced entry Robbery - correct answer Taking or stealing of property involving a face-to-face confrontation. Theft - correct answer Dishonest taking of property without owner's cons...
Texas All Lines Adjuster Ch 1324 Hours - correct answer How many hours of continuing education is an adjuster responsible to complete in any 2 year license period? 90 Days - correct answer A temporary insurance license is valid for how many days? 2 Years - correct answer Following the date of ...
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Add to cartTexas All Lines Adjuster Ch 1324 Hours - correct answer How many hours of continuing education is an adjuster responsible to complete in any 2 year license period? 90 Days - correct answer A temporary insurance license is valid for how many days? 2 Years - correct answer Following the date of ...
Texas All Lines Adjuster Ch 1Punitive Damage - correct answer Amount awarded by the court to the defendant in order to deter them from engaging in similar conduct in the future. Comparative Negligence - correct answer Partial legal defense that reduces the amount of damages that a person can reco...
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Add to cartTexas All Lines Adjuster Ch 1Punitive Damage - correct answer Amount awarded by the court to the defendant in order to deter them from engaging in similar conduct in the future. Comparative Negligence - correct answer Partial legal defense that reduces the amount of damages that a person can reco...
Texas All Lines Adjuster - Workers CompensationAssumption of Risk - correct answer Common law defense to Workers Compensation claims that allow employers to deny liability on the basis the employee knew the work conditions prior to employment and assumed all the risk of employment. Average Weekly...
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Add to cartTexas All Lines Adjuster - Workers CompensationAssumption of Risk - correct answer Common law defense to Workers Compensation claims that allow employers to deny liability on the basis the employee knew the work conditions prior to employment and assumed all the risk of employment. Average Weekly...
Texas All Lines Adjuster - Other Commercial Lines CoveragesAverage - correct answer Term used to indicate a partial loss in marine insurance. Aviation Insurance - correct answer Insurance that provides coverage for aircraft to address exposures from operating aircraft. Barratry - correct answe...
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Add to cartTexas All Lines Adjuster - Other Commercial Lines CoveragesAverage - correct answer Term used to indicate a partial loss in marine insurance. Aviation Insurance - correct answer Insurance that provides coverage for aircraft to address exposures from operating aircraft. Barratry - correct answe...
Texas All Lines Adjuster - Insurance Regulation and StatutesAll Lines Adjuster - correct answer License type is for individuals adjusting property and casualty, worker's compensation, employer's liability and various other types of claims. Boycott, Coercion & Intimidation - correct answer To re...
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Add to cartTexas All Lines Adjuster - Insurance Regulation and StatutesAll Lines Adjuster - correct answer License type is for individuals adjusting property and casualty, worker's compensation, employer's liability and various other types of claims. Boycott, Coercion & Intimidation - correct answer To re...
Texas All Lines Adjuster - Insurance ConceptsActuarial Department - correct answer Responsible for gathering and interpreting data for determining rates charged to the insurance buying public. Actuaries determine the probability of losses, which are key in determine premium rates. Admitted Insure...
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Add to cartTexas All Lines Adjuster - Insurance ConceptsActuarial Department - correct answer Responsible for gathering and interpreting data for determining rates charged to the insurance buying public. Actuaries determine the probability of losses, which are key in determine premium rates. Admitted Insure...
Texas All Lines Adjuster - Claims Adjuster ConceptsAbsolute Liability - correct answer Liability that is imposed on the ownership of vicious dog breeds (e.g. Pit Bulls or Rottweilers) or the participation in dangerous activities (e.g. storing explosives in your garage). Actual Cash Value - correc...
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Add to cartTexas All Lines Adjuster - Claims Adjuster ConceptsAbsolute Liability - correct answer Liability that is imposed on the ownership of vicious dog breeds (e.g. Pit Bulls or Rottweilers) or the participation in dangerous activities (e.g. storing explosives in your garage). Actual Cash Value - correc...
Texas all line adjuster study guideworkman's compensation - correct answer No fault insurance for employee that are injured on the job Employer's liability coverage - correct answer Covers an employer’s liability for common lawsuits from employees to recover damage from job related injuries. ...
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Add to cartTexas all line adjuster study guideworkman's compensation - correct answer No fault insurance for employee that are injured on the job Employer's liability coverage - correct answer Covers an employer’s liability for common lawsuits from employees to recover damage from job related injuries. ...
Texas all line adjuster study guideworkman's compensation - correct answer No fault insurance for employee that are injured on the job Employer's liability coverage - correct answer Covers an employer’s liability for common lawsuits from employees to recover damage from job related injuries. ...
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Add to cartTexas all line adjuster study guideworkman's compensation - correct answer No fault insurance for employee that are injured on the job Employer's liability coverage - correct answer Covers an employer’s liability for common lawsuits from employees to recover damage from job related injuries. ...
Texas Adjuster ExamIf an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved? - correct answer $30,000 Which of the following statements best describes an inland marine policy? - corr...
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Add to cartTexas Adjuster ExamIf an automobile policy has split limits of 30/60/25. What is the maximum amount of liability coverage that would be paid in a covered loss where three people are involved? - correct answer $30,000 Which of the following statements best describes an inland marine policy? - corr...
Texas Adjuster Exam Unit 1company adjuster - correct answer What is another name for staff adjuster? Independent Adjuster - correct answer This type of adjuster usually handle claims for more than one company (and receives a fee based on time and expense) (pick one) staff adjuster, independent...
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Add to cartTexas Adjuster Exam Unit 1company adjuster - correct answer What is another name for staff adjuster? Independent Adjuster - correct answer This type of adjuster usually handle claims for more than one company (and receives a fee based on time and expense) (pick one) staff adjuster, independent...
SF: Texas All Lines Adjuster; Pre-licensing Practice ExamWhich regulatory body handles violations of related insurance issues only? - correct answer Texas Insurance Code (TIC) What license carries the minimum requirements to handle homeowner's claims? - correct answer Property, Casualty & Surety...
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Add to cartSF: Texas All Lines Adjuster; Pre-licensing Practice ExamWhich regulatory body handles violations of related insurance issues only? - correct answer Texas Insurance Code (TIC) What license carries the minimum requirements to handle homeowner's claims? - correct answer Property, Casualty & Surety...
Chapter 6 - Texas All Lines Section I : Property - correct answer This is the primary section that claims adjusters refer to in order to properly adjust loss. Section II : Liability - correct answer Generally consistent between policies regardless of Section I, not typically an area of concern f...
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Add to cartChapter 6 - Texas All Lines Section I : Property - correct answer This is the primary section that claims adjusters refer to in order to properly adjust loss. Section II : Liability - correct answer Generally consistent between policies regardless of Section I, not typically an area of concern f...
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