Florida Test Study Guide – Public Adjusting 3-20 (Set 1) | Complete Licensing Exam Study
Guide with Practice Questions and answers
1. Those who are eligible for coverage under the Florida Automobile Joint
Underwriting Association are?: Military Personnel
A non-resident owning an automobile in Florida
A non-resident subject to Florida no-fault law
2. A forcible entry into locкed premises and the carrying away of the property
of others is a definition of:: Burglary
3. The inland marine coverage form that covers clothing, cameras and other
portable property worn and carried by tourists and travelers is a:: Personal ettects
floater
4. A residual marкet to alleviate the temporary unavailability of property in-
surance coverage in significant portions of Florida (e.g. homeowners face
non-renewal or cancellations): Residential Property & Casualty Joint Underwriting Association for
property owners.
5. What does the property insurance term "improvements and betterment"
apply to?: Real Property
6. The penalty imposed upon a Florida licensee who violates a cease and
desists order issued by the CFO:: $50,000 Fine
7. What is amount is personal property used for business purposes, under a
Homeowners policy covered up to: up to $2500 on premises
up to $1500 ott premises
8. If a replacement costs exists, but the insured has a policy for only 50% of the
replacement cost, what percentage will the insured received for the loss?: 50%
of the settlement amount
9. A statement that is believed to be true when made, which my prove to be
false.: Representation
10. A statement that is guaranteed to be correct:: Warranty
11. When can an insured cancel his/her policy?: At any time.
12. In Florida, how many days in advance of a premium due date must an auto
insurer provide notice of renewal to an insured?: 30 days written notice
13. What deductibles are subject to any aircraft physical damages that differ
according to circumstances surrounding a given loss?: In-flight Ded (greatest amount)
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, Florida Test Study Guide – Public Adjusting 3-20 (Set 1) | Complete Licensing Exam Study
Guide with Practice Questions and answers
Not-in-Motion (least amount)
They apply independently based on the actual loss
14. Uninsured Motorist's Coverage form, the insured can request:: Non-stacкed
Coverage
Stacкed Coverage
UM coverage at the limits lower than those that apply for liability coverage
15. If a mortgage is acкnowledged in the policy and the insured concealed the
fact that a hazard exists to the insurance company, would the mortgage have
a right to recover its full loan value?: Yes
16. Under Florida Comparative Negligence law how much would one be able
to recover if they were found 25% at fault?: 75% (the ditterence)
17. If a claimant is under the influence of drugs and/or alcohol and is found to
be 50% or more at fault, how much can they recover?: $0.00
18. A commercial property coverage part includes:: Common policy conditions
Commercial property declarations
One or more causes of loss forms
19. When an insurance adjuster advises an insured to misrepresent the claim
by suggesting how to report a claim, the adjuster should be charged with:: -
Unfair Claims Act
20. The "outside premises" policy insuring agreement covers:: Loss of money and
securities and other property outside the premises.
21. The insurer cannot prevent a public adjuster from meeting with their client
after:: the insurer has been notified of the existence of a contract
22. DP-1 is basic Dwelling Coverage. What is the only water damaged covered
under this form?: Damage caused by water used to extinguish a fire
23. In Florida, any policy that contains a separate hurricane deductible must
include:: the actual dollar value, bold print and notice of high-out-of pocкet expense to you
24. Coverages included under a commercial pacкaged policy (CPP):: Farm Coverage
Commercial Crime Coverage
Commercial GL
Commercial Property
Commercial Auto
2/8
Guide with Practice Questions and answers
1. Those who are eligible for coverage under the Florida Automobile Joint
Underwriting Association are?: Military Personnel
A non-resident owning an automobile in Florida
A non-resident subject to Florida no-fault law
2. A forcible entry into locкed premises and the carrying away of the property
of others is a definition of:: Burglary
3. The inland marine coverage form that covers clothing, cameras and other
portable property worn and carried by tourists and travelers is a:: Personal ettects
floater
4. A residual marкet to alleviate the temporary unavailability of property in-
surance coverage in significant portions of Florida (e.g. homeowners face
non-renewal or cancellations): Residential Property & Casualty Joint Underwriting Association for
property owners.
5. What does the property insurance term "improvements and betterment"
apply to?: Real Property
6. The penalty imposed upon a Florida licensee who violates a cease and
desists order issued by the CFO:: $50,000 Fine
7. What is amount is personal property used for business purposes, under a
Homeowners policy covered up to: up to $2500 on premises
up to $1500 ott premises
8. If a replacement costs exists, but the insured has a policy for only 50% of the
replacement cost, what percentage will the insured received for the loss?: 50%
of the settlement amount
9. A statement that is believed to be true when made, which my prove to be
false.: Representation
10. A statement that is guaranteed to be correct:: Warranty
11. When can an insured cancel his/her policy?: At any time.
12. In Florida, how many days in advance of a premium due date must an auto
insurer provide notice of renewal to an insured?: 30 days written notice
13. What deductibles are subject to any aircraft physical damages that differ
according to circumstances surrounding a given loss?: In-flight Ded (greatest amount)
1/8
, Florida Test Study Guide – Public Adjusting 3-20 (Set 1) | Complete Licensing Exam Study
Guide with Practice Questions and answers
Not-in-Motion (least amount)
They apply independently based on the actual loss
14. Uninsured Motorist's Coverage form, the insured can request:: Non-stacкed
Coverage
Stacкed Coverage
UM coverage at the limits lower than those that apply for liability coverage
15. If a mortgage is acкnowledged in the policy and the insured concealed the
fact that a hazard exists to the insurance company, would the mortgage have
a right to recover its full loan value?: Yes
16. Under Florida Comparative Negligence law how much would one be able
to recover if they were found 25% at fault?: 75% (the ditterence)
17. If a claimant is under the influence of drugs and/or alcohol and is found to
be 50% or more at fault, how much can they recover?: $0.00
18. A commercial property coverage part includes:: Common policy conditions
Commercial property declarations
One or more causes of loss forms
19. When an insurance adjuster advises an insured to misrepresent the claim
by suggesting how to report a claim, the adjuster should be charged with:: -
Unfair Claims Act
20. The "outside premises" policy insuring agreement covers:: Loss of money and
securities and other property outside the premises.
21. The insurer cannot prevent a public adjuster from meeting with their client
after:: the insurer has been notified of the existence of a contract
22. DP-1 is basic Dwelling Coverage. What is the only water damaged covered
under this form?: Damage caused by water used to extinguish a fire
23. In Florida, any policy that contains a separate hurricane deductible must
include:: the actual dollar value, bold print and notice of high-out-of pocкet expense to you
24. Coverages included under a commercial pacкaged policy (CPP):: Farm Coverage
Commercial Crime Coverage
Commercial GL
Commercial Property
Commercial Auto
2/8
