FLORIDA CLAIMS ADJUSTER REAL
EXAM NEWEST UPDATED 2026
2027 WITH ACTUAL QUESTIONS
AND COMPLETE CORRECT
ANSWERS ALREADY GRADED A+
Peril
ANSWERE-------Something that causes a loss.
,Hazard
ANSWER------Something that increases the probability that a
loss will occur.
Warranty
ANSWER-A policy condition, either based on information in the
insureds application or inserted by the insurer. It is a guarantee
of a fact.
Misrepresentation
ANSWER-An untrue statement by the insured, made in an
application for insurance but which does not become a part of
the policy.
Concealment
ANSWER-The failure of the insured to reveal relevant facts
known to the insured in applying for insurance.
,Abandonment
ANSWER-Property insurance policies usually contain an
abandonment clause, stating the insured cannot dump
damaged property on the insurer and demand its full value.
Severability
ANSWER-The insurance applies separately to each insured as if
other insureds did not exist.
Proximate Cause
ANSWER-The cause having the most significant impact in
bringing about the loss under a first-party property insurance
policy, when two or more independent perils operate at the
same time (i.e., concurrently) to produce a loss. Courts employ
a set of rules to resolve causation disputes when a property
policy states that it covers or excludes losses "caused by" a peril
and there is more than one peril at work in a fact pattern.
Under common law, whether the policy provides coverage
depends on which peril is chosen as the proximate cause.
, Direct Loss
ANSWER-Physical harm to tangible property.
Indirect Loss
ANSWER-Economic loss which flows as a result of direct loss.
Actual Cash Value(ACV)
ANSWER-Replacement Cost minus Depreciation
Coinsurance
ANSWER-The amount, generally expressed as a fixed
percentage, an insured must pay against a claim after the
deductible is satisfied. It's ultimately a way for the insured and
insurer to share responsibility for the risk. It can also help
EXAM NEWEST UPDATED 2026
2027 WITH ACTUAL QUESTIONS
AND COMPLETE CORRECT
ANSWERS ALREADY GRADED A+
Peril
ANSWERE-------Something that causes a loss.
,Hazard
ANSWER------Something that increases the probability that a
loss will occur.
Warranty
ANSWER-A policy condition, either based on information in the
insureds application or inserted by the insurer. It is a guarantee
of a fact.
Misrepresentation
ANSWER-An untrue statement by the insured, made in an
application for insurance but which does not become a part of
the policy.
Concealment
ANSWER-The failure of the insured to reveal relevant facts
known to the insured in applying for insurance.
,Abandonment
ANSWER-Property insurance policies usually contain an
abandonment clause, stating the insured cannot dump
damaged property on the insurer and demand its full value.
Severability
ANSWER-The insurance applies separately to each insured as if
other insureds did not exist.
Proximate Cause
ANSWER-The cause having the most significant impact in
bringing about the loss under a first-party property insurance
policy, when two or more independent perils operate at the
same time (i.e., concurrently) to produce a loss. Courts employ
a set of rules to resolve causation disputes when a property
policy states that it covers or excludes losses "caused by" a peril
and there is more than one peril at work in a fact pattern.
Under common law, whether the policy provides coverage
depends on which peril is chosen as the proximate cause.
, Direct Loss
ANSWER-Physical harm to tangible property.
Indirect Loss
ANSWER-Economic loss which flows as a result of direct loss.
Actual Cash Value(ACV)
ANSWER-Replacement Cost minus Depreciation
Coinsurance
ANSWER-The amount, generally expressed as a fixed
percentage, an insured must pay against a claim after the
deductible is satisfied. It's ultimately a way for the insured and
insurer to share responsibility for the risk. It can also help
