NM ADJUSTER ACTUAL PAPER 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉Which of the following people does NOT have an insurable interest
in an insured property? Answer: A homeowner's interest in the
local town water pipes that deliver water to his home.
◉In the event of a catastrophe, emergency adjuster licenses in New
Mexico are valid for: Answer: 90 days.
◉Cindy falls down the stairs at Jane's house and breaks her arm,
resulting in $2,500 in medical expenses. Jane's homeowner's
insurance will cover the liability, but Cindy is particularly mad at
Jane for not keeping her house in order and is seeking punitive
damages. Jane's insurance adjuster informs the two of them that
they will likely have to go to court to settle the dispute because:
Answer: punitive damages can only be determined by a court of law.
◉Under Jacqueline's Personal Injury Protection, all of the following
would be covered for bodily injuries except: Answer: Jacqueline's
sister who also has PIP
, ◉Jason has had mild asthma since childhood. He now works in a
chemical processing plant, and his asthma has gotten much worse
ever since he contracted pneumonia because of the fumes at the
plant. For workers' compensation insurance, this is usually known
as: Answer: aggravation.
◉Jane's shed burns to the ground during a tornado, when a tree falls
on the roof and snaps a power line, which then ignites the structure.
What is the proximate cause of the loss? Answer: Wind
◉Inland marine insurance protects: Answer: property related to
transportation and property being transported
◉Under the New Mexico Commercial Auto Insurance Plan, a
policyholder can purchase additional coverage up to limits required
by any other state: Answer: but only for as long as the insured
vehicles are being driven in that state.
◉What are the four requirements of a legally binding contract?
Answer: Agreement, consideration, competent parties, legal purpose
◉Which statement about the Jones Act is TRUE? Answer: It protects
injured seamen by allowing them to sue for damages and to choose a
jury trial.
QUESTIONS WITH SOLUTIONS GRADED A+
◉Which of the following people does NOT have an insurable interest
in an insured property? Answer: A homeowner's interest in the
local town water pipes that deliver water to his home.
◉In the event of a catastrophe, emergency adjuster licenses in New
Mexico are valid for: Answer: 90 days.
◉Cindy falls down the stairs at Jane's house and breaks her arm,
resulting in $2,500 in medical expenses. Jane's homeowner's
insurance will cover the liability, but Cindy is particularly mad at
Jane for not keeping her house in order and is seeking punitive
damages. Jane's insurance adjuster informs the two of them that
they will likely have to go to court to settle the dispute because:
Answer: punitive damages can only be determined by a court of law.
◉Under Jacqueline's Personal Injury Protection, all of the following
would be covered for bodily injuries except: Answer: Jacqueline's
sister who also has PIP
, ◉Jason has had mild asthma since childhood. He now works in a
chemical processing plant, and his asthma has gotten much worse
ever since he contracted pneumonia because of the fumes at the
plant. For workers' compensation insurance, this is usually known
as: Answer: aggravation.
◉Jane's shed burns to the ground during a tornado, when a tree falls
on the roof and snaps a power line, which then ignites the structure.
What is the proximate cause of the loss? Answer: Wind
◉Inland marine insurance protects: Answer: property related to
transportation and property being transported
◉Under the New Mexico Commercial Auto Insurance Plan, a
policyholder can purchase additional coverage up to limits required
by any other state: Answer: but only for as long as the insured
vehicles are being driven in that state.
◉What are the four requirements of a legally binding contract?
Answer: Agreement, consideration, competent parties, legal purpose
◉Which statement about the Jones Act is TRUE? Answer: It protects
injured seamen by allowing them to sue for damages and to choose a
jury trial.
