NYS 17-70 Independent General Adjuster Exam 2025: Complete Study Guide, Practice
Questions & Proven Strategies to Pass the New York Insurance Adjuster Licensing Exam
Prepare for the NYS 17-70 Independent General Adjuster Exam 2025 with this comprehensive study
guide. Includes practice questions, exam-focused reviews, and proven strategies to help candidates pass
the New York insurance adjuster licensing exam and become licensed independent adjusters
• NYS 17-70 Independent General Adjuster Exam
• New York independent adjuster exam
• NY insurance adjuster license exam
• 17-70 adjuster exam prep
If no endorsements apply, how are property losses adjusted on a Businessowners Policy? - ANSWER-
Replacement Cost Basis
Property and casualty insurance can be utilized to handle what kind of risk? - ANSWER-Pure Risks.
Tammy Smith is helping out at the church Swiss Steak dinner and is injured when hot coffee spills on her.
What is the result of this injury under New York workers compensation coverage? - ANSWER-Tammy is a
volunteer and will be covered if the policy contains the proper endorsement..
Low Yields and Poor Quality Crops are covered under a: - ANSWER-Multi-Peril Crop Policy
Who do uniform mandatory provisions tend to benefit? - ANSWER-They tend to benefit the insurer.
What can happen when an independent contractor is injured while working and files a claim stating that
they were actually an employee? - ANSWER-The insurance carrier can charge an additional premium for
the exposure.
,A customer has eaten seafood in a restaurant and became very ill. What type of CGL claim is this? -
ANSWER-Premises Liability.
What is the fundamental trade-off in workers compensation laws? - ANSWER-Employees are provided
no-fault benefits for most work-related injuries in exchange for the loss of the right to sue the employer
for damages.
An insured has purchased a personal watercraft policy with liability limits of $300,000 and medical
coverage in the amount of $5,000. The boat accidentally tips over and both the insured and a friend are
injured. Who would be covered under the medical payments coverage? - ANSWER-The insured and the
friend.
Some disability income policies are designed in a way that there is a period during which no benefits will
be paid for either an illness or an accident. Others may be written / designed where benefits are paid
immediately for disabilities caused by accidents, and no benefits paid for an illness disability for a
specific period of time. The term that describes this interim period is the: - ANSWER-Elimination Period.
What workers compensation coverage would apply if the injured employee's spouse brings a wrongful
death suit against the employer? - ANSWER-Employers liability.
Under D, "Coverage For Damage To Your Auto", temporary substitute vehicles under the Personal Auto
Policy are considered to be: - ANSWER-Your covered auto.
In order for a "release of all claims" to be valid, what MUST occur? - ANSWER-The check must be cashed.
Richard Lanham has been advised by the Superintendent of Insurance to cease and desist in the
performance of certain infractions of the insurance code. He has had a hearing and been issued a cease
and desist order. He continues to violate the cease and desist order. He can be fined a penalty of up to: -
ANSWER-$5,000 per violation.
Telemarketers who transmit prerecorded messages to consumers who have not agreed to accept such
messages will be fined up to: - ANSWER-$16,000 per call.
, An insured has received actual cash value payment from the adjuster for a covered loss. At the time he is
satisfied with the payment. He later changes his mind and wants the full replacement value. How many
days does he have to submit the receipts to get the replacement cost payment under a HO-3 form? -
ANSWER-180 days.
The homeowner personal property replacement cost endorsement would pay replacement cost on a
claim for what type of property? - ANSWER-Used Clothing.
The policy provision that prevents an insurance company from altering its agreement with a policyowner
by referring to documents or other items not contained in the policy is called the: - ANSWER-Entire
Contract Provision.
True or False - Current long term care insurance policies are more likely to pay benefits regardless of the
level of care required by the insured. - ANSWER-True.
Roger has his golf clubs stolen out of the trunk of Sam's car. Which policy will pay? - ANSWER-Roger's
homeowner policy.
An insured purchases a $1 million umbrella policy with a $1,000 self-insured retention (SIR) and agrees
to maintain the following underlying limits: auto liability - $100/300/50 and personal liability limits of
$300,000. The insured is involved in an at-fault auto accident and the claimant is awarded $200,000 for
his bodily injuries. What will the umbrella pay if the insured only carries $50/100/50 auto limits? -
ANSWER-$100,000. The umbrella policy still pays but the insured would have to pay the difference.
The insured owns a two-family dwelling and rents out one of the dwelling units. If a fire occurs what
coverage could the insured look to for his loss of rental income under the DP-3? - ANSWER-Fair Rental
Value.
Which perils are broader under DP2 than DP3? - ANSWER-Explosion, Smoke, and Vehicles.
A trailer leased by the named insured from another business is a covered auto under the insured's BAP.
While the trailer is connected to a covered truck-tractor owned by the insured, the BAP provides: -
ANSWER-Primarily liability coverage on the trailer.
Questions & Proven Strategies to Pass the New York Insurance Adjuster Licensing Exam
Prepare for the NYS 17-70 Independent General Adjuster Exam 2025 with this comprehensive study
guide. Includes practice questions, exam-focused reviews, and proven strategies to help candidates pass
the New York insurance adjuster licensing exam and become licensed independent adjusters
• NYS 17-70 Independent General Adjuster Exam
• New York independent adjuster exam
• NY insurance adjuster license exam
• 17-70 adjuster exam prep
If no endorsements apply, how are property losses adjusted on a Businessowners Policy? - ANSWER-
Replacement Cost Basis
Property and casualty insurance can be utilized to handle what kind of risk? - ANSWER-Pure Risks.
Tammy Smith is helping out at the church Swiss Steak dinner and is injured when hot coffee spills on her.
What is the result of this injury under New York workers compensation coverage? - ANSWER-Tammy is a
volunteer and will be covered if the policy contains the proper endorsement..
Low Yields and Poor Quality Crops are covered under a: - ANSWER-Multi-Peril Crop Policy
Who do uniform mandatory provisions tend to benefit? - ANSWER-They tend to benefit the insurer.
What can happen when an independent contractor is injured while working and files a claim stating that
they were actually an employee? - ANSWER-The insurance carrier can charge an additional premium for
the exposure.
,A customer has eaten seafood in a restaurant and became very ill. What type of CGL claim is this? -
ANSWER-Premises Liability.
What is the fundamental trade-off in workers compensation laws? - ANSWER-Employees are provided
no-fault benefits for most work-related injuries in exchange for the loss of the right to sue the employer
for damages.
An insured has purchased a personal watercraft policy with liability limits of $300,000 and medical
coverage in the amount of $5,000. The boat accidentally tips over and both the insured and a friend are
injured. Who would be covered under the medical payments coverage? - ANSWER-The insured and the
friend.
Some disability income policies are designed in a way that there is a period during which no benefits will
be paid for either an illness or an accident. Others may be written / designed where benefits are paid
immediately for disabilities caused by accidents, and no benefits paid for an illness disability for a
specific period of time. The term that describes this interim period is the: - ANSWER-Elimination Period.
What workers compensation coverage would apply if the injured employee's spouse brings a wrongful
death suit against the employer? - ANSWER-Employers liability.
Under D, "Coverage For Damage To Your Auto", temporary substitute vehicles under the Personal Auto
Policy are considered to be: - ANSWER-Your covered auto.
In order for a "release of all claims" to be valid, what MUST occur? - ANSWER-The check must be cashed.
Richard Lanham has been advised by the Superintendent of Insurance to cease and desist in the
performance of certain infractions of the insurance code. He has had a hearing and been issued a cease
and desist order. He continues to violate the cease and desist order. He can be fined a penalty of up to: -
ANSWER-$5,000 per violation.
Telemarketers who transmit prerecorded messages to consumers who have not agreed to accept such
messages will be fined up to: - ANSWER-$16,000 per call.
, An insured has received actual cash value payment from the adjuster for a covered loss. At the time he is
satisfied with the payment. He later changes his mind and wants the full replacement value. How many
days does he have to submit the receipts to get the replacement cost payment under a HO-3 form? -
ANSWER-180 days.
The homeowner personal property replacement cost endorsement would pay replacement cost on a
claim for what type of property? - ANSWER-Used Clothing.
The policy provision that prevents an insurance company from altering its agreement with a policyowner
by referring to documents or other items not contained in the policy is called the: - ANSWER-Entire
Contract Provision.
True or False - Current long term care insurance policies are more likely to pay benefits regardless of the
level of care required by the insured. - ANSWER-True.
Roger has his golf clubs stolen out of the trunk of Sam's car. Which policy will pay? - ANSWER-Roger's
homeowner policy.
An insured purchases a $1 million umbrella policy with a $1,000 self-insured retention (SIR) and agrees
to maintain the following underlying limits: auto liability - $100/300/50 and personal liability limits of
$300,000. The insured is involved in an at-fault auto accident and the claimant is awarded $200,000 for
his bodily injuries. What will the umbrella pay if the insured only carries $50/100/50 auto limits? -
ANSWER-$100,000. The umbrella policy still pays but the insured would have to pay the difference.
The insured owns a two-family dwelling and rents out one of the dwelling units. If a fire occurs what
coverage could the insured look to for his loss of rental income under the DP-3? - ANSWER-Fair Rental
Value.
Which perils are broader under DP2 than DP3? - ANSWER-Explosion, Smoke, and Vehicles.
A trailer leased by the named insured from another business is a covered auto under the insured's BAP.
While the trailer is connected to a covered truck-tractor owned by the insured, the BAP provides: -
ANSWER-Primarily liability coverage on the trailer.
