GA Claims Adjuster Licensing Exam questions
and answers 2026\2027 A+ Grade
What coverage does Community Eligibility apply to?
- correct answer Flood insurance through FEMA
What's the difference between Emergency Program and Regular Program in the National Flood
Insurance Program?
- correct answer Emergency applies to homes in communities that are a normally not a flood hazard.
Regular programs are awarded to an entire community that is eligible due to flood hazard.
What is the flood coverage on a regular program in a 1-4 Family Dwelling?
- correct answer $250,000
On what policy can you add the Flood Program endorsement?
- correct answer None! It has its own policy through the Federal Government.
Difference in Conditions (DIC) Insurance
- correct answer A separate insurance policy that provides open-perils coverage to fill in the gaps left by
flood coverage if a home is worth over $250K. Coverage is produced through Excess/Surplus Lines.
What is the waiting period on NFIP coverage?
- correct answer 30 days after policy purchase
What is the coverage change waiting period for the NFIP?
- correct answer 5 days
Give examples of the flood peril
- correct answer - an overflow of inland or tidal waters
,- unusual or rapid accumulation or runoff of surface waters
-Mudflow or Mudslide
- Collapse of land along the shore of a lake as a result of erosion
What kinds of things does flood insurance cover?
- correct answer Your house and your things (dwelling and personal property). No indirect charges.
Dwelling coverage extension for flood insurance covers what? How much is it?
- correct answer Structures not attached to dwelling (O.S. or Appurtenant structures). 10% of Dwelling
limit. ***It is an extension of coverage, NOT the $250K limit so any coverage needed here will reduce
the amount able to go to the dwelling.
Contents coverage of flood insurance is limited to what?
- correct answer Personal property damaged or destroyed by the flood itself and belongs to insured and
resident spouse/relatives. The insured is liable for content of others.
What are the coverages of flood insurance?
- correct answer Dwelling, Contents, Debris Removal
How are damaged items valued in flood coverage?
- correct answer Dwelling - replacement cost
Contents - Actual Cash Value
What kind of property is not covered by flood insurance?
- correct answer Basements and underground structure (ex. septic tanks), animals,
money/accounts/bills, land, anything else covered by other policies (motor vehicles, aircraft, watercraft)
Loss Valuation on flood insurance
- correct answer (amount of insurance purchased/80% Dwellings Total replacement cost) x Loss Amount
Standard deductible on flood insurance
- correct answer $1K for Dwelling and $1K for Content
, Personal Inland Marine Insurance
- correct answer Floaters or policies for world-wide coverage of personal property on an open-peril
basis.
Is flood excluded from Personal Inland Marine Insurance?
- correct answer NOPE. It's covered!
What are the floaters available on Personal Inland Marine Insurance?
- correct answer Personal Articles Floaters, Personal Property Floaters, and Personal Effects Floaters
What perils are covered under Personal Inland Marine Insurance floaters?
- correct answer all; open-peril
Which PIMI floater would be appropriate for a diamond ring? Why?
- correct answer Personal Articles Floater - itemizes valuables such as jewelry and furs
What is a Personal Effects Floater good for? What deductible does it have?
- correct answer world-wide open peril coverage of personal property for people who are traveling -
luggage, sports equipment, clothes, and camera. NO DEDUCTIBLE.
What is a Personal Property Floater good for? What kind of limit do they have?
- correct answer World-wide open peril coverage of personal property - usually for special occasions like
weddings or exhibitions. There is a blanket limit!
Does personal inland marine insurance cover flood?
- correct answer Yes. Somehow.
All of the following coverage is available under a Standard Flood Insurance Policy issued by the National
Flood Insurance Program except:
a. Loss of Use
b. Dwelling
c. Personal Property
and answers 2026\2027 A+ Grade
What coverage does Community Eligibility apply to?
- correct answer Flood insurance through FEMA
What's the difference between Emergency Program and Regular Program in the National Flood
Insurance Program?
- correct answer Emergency applies to homes in communities that are a normally not a flood hazard.
Regular programs are awarded to an entire community that is eligible due to flood hazard.
What is the flood coverage on a regular program in a 1-4 Family Dwelling?
- correct answer $250,000
On what policy can you add the Flood Program endorsement?
- correct answer None! It has its own policy through the Federal Government.
Difference in Conditions (DIC) Insurance
- correct answer A separate insurance policy that provides open-perils coverage to fill in the gaps left by
flood coverage if a home is worth over $250K. Coverage is produced through Excess/Surplus Lines.
What is the waiting period on NFIP coverage?
- correct answer 30 days after policy purchase
What is the coverage change waiting period for the NFIP?
- correct answer 5 days
Give examples of the flood peril
- correct answer - an overflow of inland or tidal waters
,- unusual or rapid accumulation or runoff of surface waters
-Mudflow or Mudslide
- Collapse of land along the shore of a lake as a result of erosion
What kinds of things does flood insurance cover?
- correct answer Your house and your things (dwelling and personal property). No indirect charges.
Dwelling coverage extension for flood insurance covers what? How much is it?
- correct answer Structures not attached to dwelling (O.S. or Appurtenant structures). 10% of Dwelling
limit. ***It is an extension of coverage, NOT the $250K limit so any coverage needed here will reduce
the amount able to go to the dwelling.
Contents coverage of flood insurance is limited to what?
- correct answer Personal property damaged or destroyed by the flood itself and belongs to insured and
resident spouse/relatives. The insured is liable for content of others.
What are the coverages of flood insurance?
- correct answer Dwelling, Contents, Debris Removal
How are damaged items valued in flood coverage?
- correct answer Dwelling - replacement cost
Contents - Actual Cash Value
What kind of property is not covered by flood insurance?
- correct answer Basements and underground structure (ex. septic tanks), animals,
money/accounts/bills, land, anything else covered by other policies (motor vehicles, aircraft, watercraft)
Loss Valuation on flood insurance
- correct answer (amount of insurance purchased/80% Dwellings Total replacement cost) x Loss Amount
Standard deductible on flood insurance
- correct answer $1K for Dwelling and $1K for Content
, Personal Inland Marine Insurance
- correct answer Floaters or policies for world-wide coverage of personal property on an open-peril
basis.
Is flood excluded from Personal Inland Marine Insurance?
- correct answer NOPE. It's covered!
What are the floaters available on Personal Inland Marine Insurance?
- correct answer Personal Articles Floaters, Personal Property Floaters, and Personal Effects Floaters
What perils are covered under Personal Inland Marine Insurance floaters?
- correct answer all; open-peril
Which PIMI floater would be appropriate for a diamond ring? Why?
- correct answer Personal Articles Floater - itemizes valuables such as jewelry and furs
What is a Personal Effects Floater good for? What deductible does it have?
- correct answer world-wide open peril coverage of personal property for people who are traveling -
luggage, sports equipment, clothes, and camera. NO DEDUCTIBLE.
What is a Personal Property Floater good for? What kind of limit do they have?
- correct answer World-wide open peril coverage of personal property - usually for special occasions like
weddings or exhibitions. There is a blanket limit!
Does personal inland marine insurance cover flood?
- correct answer Yes. Somehow.
All of the following coverage is available under a Standard Flood Insurance Policy issued by the National
Flood Insurance Program except:
a. Loss of Use
b. Dwelling
c. Personal Property
