Florida Public Adjuster Test Exam — 70
Questions Answers Included With Detailed
Rationales
1. A Florida public adjuster represents:
A. The insurance company
B. The insured
C. The State
D. Contractors
Answer: B
Public adjusters legally represent the interests of the policyholder (insured), not
the insurance company or any other party.
2. The Florida Statute that governs public adjusters is:
A. FS 624
B. FS 626
C. FS 627
D. FS 631
Answer: B
Chapter 626 of the Florida Statutes regulates adjusters, including licensing and
conduct standards.
3. A public adjuster contract must be:
A. Oral
B. In writing
C. Signed by a judge
D. Filed with the insurer
,Answer: B
Florida law requires written agreements before a public adjuster can represent a
client.
4. The maximum fee a public adjuster may charge for claims related to
emergencies or declared disasters is:
A. 20%
B. 15%
C. 10%
D. 5%
Answer: C
Public adjusters are limited to a 10% fee for claims arising from emergency
declarations to protect consumers.
5. A public adjuster may begin soliciting a client:
A. Immediately after loss
B. Within 24 hours
C. After 48 hours from loss
D. Only after insurer denies the claim
Answer: C
Florida law imposes a 48-hour waiting period after a hurricane or similar loss
before public adjuster solicitation can occur to prevent high-pressure tactics.
6. The “Declarations” page of an insurance policy shows:
A. Policy limits and named insured
B. Exclusions
C. Conditions
D. Appraisal clause
, Answer: A
The Declarations summarize the insured, limits, deductible, and basic policy
information.
7. The “Insuring Agreement” section of the policy:
A. Lists exclusions
B. Defines what is covered
C. Details conditions only
D. Fixes the premium amount
Answer: B
The insuring agreement explains the insurer’s promise to pay for covered losses.
8. A deductible is:
A. Paid by the insurer
B. Paid by the insured
C. A licensing fee
D. Always waived in hurricanes
Answer: B
Deductibles are the portion of loss the insured is responsible for before coverage
applies.
9. Actual Cash Value (ACV) is best described as:
A. Market value
B. Replacement cost minus depreciation
C. Policy limit
D. Salvage price
Answer: B
ACV takes into account depreciation of the property.
Questions Answers Included With Detailed
Rationales
1. A Florida public adjuster represents:
A. The insurance company
B. The insured
C. The State
D. Contractors
Answer: B
Public adjusters legally represent the interests of the policyholder (insured), not
the insurance company or any other party.
2. The Florida Statute that governs public adjusters is:
A. FS 624
B. FS 626
C. FS 627
D. FS 631
Answer: B
Chapter 626 of the Florida Statutes regulates adjusters, including licensing and
conduct standards.
3. A public adjuster contract must be:
A. Oral
B. In writing
C. Signed by a judge
D. Filed with the insurer
,Answer: B
Florida law requires written agreements before a public adjuster can represent a
client.
4. The maximum fee a public adjuster may charge for claims related to
emergencies or declared disasters is:
A. 20%
B. 15%
C. 10%
D. 5%
Answer: C
Public adjusters are limited to a 10% fee for claims arising from emergency
declarations to protect consumers.
5. A public adjuster may begin soliciting a client:
A. Immediately after loss
B. Within 24 hours
C. After 48 hours from loss
D. Only after insurer denies the claim
Answer: C
Florida law imposes a 48-hour waiting period after a hurricane or similar loss
before public adjuster solicitation can occur to prevent high-pressure tactics.
6. The “Declarations” page of an insurance policy shows:
A. Policy limits and named insured
B. Exclusions
C. Conditions
D. Appraisal clause
, Answer: A
The Declarations summarize the insured, limits, deductible, and basic policy
information.
7. The “Insuring Agreement” section of the policy:
A. Lists exclusions
B. Defines what is covered
C. Details conditions only
D. Fixes the premium amount
Answer: B
The insuring agreement explains the insurer’s promise to pay for covered losses.
8. A deductible is:
A. Paid by the insurer
B. Paid by the insured
C. A licensing fee
D. Always waived in hurricanes
Answer: B
Deductibles are the portion of loss the insured is responsible for before coverage
applies.
9. Actual Cash Value (ACV) is best described as:
A. Market value
B. Replacement cost minus depreciation
C. Policy limit
D. Salvage price
Answer: B
ACV takes into account depreciation of the property.
