TEXAS ALL LINES ADJUSTER ACTUAL EXAM
SCRIPT 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
◉ Insured.
Answer: A person covered by an insurance policy; pays premiums in
exchange for protection
◉ Insurer.
Answer: provides financial protection to insured
◉ reserve.
Answer: collective premiums go in a pool or a
◉ claimant.
Answer: after filing an claim the insured becomes the
◉ Principle of Indemnity.
Answer: Restoration to approximate previous financial condition; no
more, no less.
,◉ agreement (acceptance and offer)
consideration
competent parties
legal purpose.
Answer: a insurance policy is binding because it meets what 4
requirements of a legal contract
◉ Upmost good faith.
Answer: insurance contracts assume; applicants must be honest
about the risk to the insurer
◉ unilateral.
Answer: insurance contracts are considered
◉ dec page
insuring agreement
conditions
exclusions.
Answer: an insurance contract has four essential parts think DICE
◉ Dec page.
Answer: always the first part in a contract that establishes:
, name (insured and insurer)
policy #
location and description of insured item
value of insured item
dates of policy (beginning and end)
amount/limit of coverage
deductible
premium
◉ definitions page.
Answer: defines terms used in policy and includes important
language adjuster needs to know
◉ insuring agreement.
Answer: summarizes:
what is covered
which causes of loss are covered
any exclusions
maximum limit of coverage in dollars
◉ conditions.
SCRIPT 2026 QUESTIONS WITH
SOLUTIONS GRADED A+
◉ Insured.
Answer: A person covered by an insurance policy; pays premiums in
exchange for protection
◉ Insurer.
Answer: provides financial protection to insured
◉ reserve.
Answer: collective premiums go in a pool or a
◉ claimant.
Answer: after filing an claim the insured becomes the
◉ Principle of Indemnity.
Answer: Restoration to approximate previous financial condition; no
more, no less.
,◉ agreement (acceptance and offer)
consideration
competent parties
legal purpose.
Answer: a insurance policy is binding because it meets what 4
requirements of a legal contract
◉ Upmost good faith.
Answer: insurance contracts assume; applicants must be honest
about the risk to the insurer
◉ unilateral.
Answer: insurance contracts are considered
◉ dec page
insuring agreement
conditions
exclusions.
Answer: an insurance contract has four essential parts think DICE
◉ Dec page.
Answer: always the first part in a contract that establishes:
, name (insured and insurer)
policy #
location and description of insured item
value of insured item
dates of policy (beginning and end)
amount/limit of coverage
deductible
premium
◉ definitions page.
Answer: defines terms used in policy and includes important
language adjuster needs to know
◉ insuring agreement.
Answer: summarizes:
what is covered
which causes of loss are covered
any exclusions
maximum limit of coverage in dollars
◉ conditions.
