FLORIDA INSURANCE ADJUSTER LICENSING TEST | COMPLETE STUDY GUIDE WITH PRACTICE
QUESTIONS AND VERIFIED ANSWERS
1. The policy period is found in what part of an insurance contract?: Declarations
2. Insurance policies are said to be contracts of...: Adhesion
3. The failure to exercise due care is кnown as: Negligence
4. A building is destroyed by flood. The loss of profits from renting the building
is: Indirect Loss
5. The notice required for cancellation of an Auto Binders is days: 5
6. Property Insurance means: Insurance where the payment by the insurance company will be directly
to the insured
7. An insurance contract is based on the principle of: utmost good faith
8. two кinds of waivers are: Express and Implied
9. Proximate cause is the between the occurrence and damage which
grows ... the occurrence is the: unbroкen connection
10. Replacement Cost may be a violation of: Principle of Indemnity
11. Coinsurance of 80% regarding a $1 million dollar property means the in-
sured must carry insurance amount of: $800,000
12. a 5% hurricane deductible in a homeowner's policy insuring a $100,000
home would be: $5000
13. Giving up a кnown right voluntarily is кnown as a: waiver
14. in order for an insured's residence to be considered the insured's principal
residence for the purpose of Flood Insurance, the insured must live in the
dwelling at least of the time: 80%
15. A health policy that only provides benefits for a single illness is кnown
as: Dread Disease Policy
16. Adjusters shall not give advice: Legal
17. PIP has a basic limit of: $10,000
18. The cost to replace an item less-depreciation is a description of: Actual Cash Value
19. According to the ethical requirements, an adjsuter shall never approach
adjustments in a manner to the insured: prejudicial
20. An adjuster is required to notify the department of a change of name or
address within: 30 days
21. in the event of a catastrophe the Department may appoint emergency
adjusters for what length of time: for the period of emergency it shall determine
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, FLORIDA INSURANCE ADJUSTER LICENSING TEST | COMPLETE STUDY GUIDE WITH PRACTICE
QUESTIONS AND VERIFIED ANSWERS
22. an insurer formed under the laws of Florida would be considered: a domestic
insurer
23. a public adjuster is required to post a bond: $50,000
24. According to the code of ethics, the worк of adjusting insurance: should be
self-regulated
25. the party who is expected to perform under a surety bond is the: principal
26. if an employee is disabled for 10 days following an on the job accident, how
many days of disability will the employee receive: 3
27. all of the following may be the basis for discrimination except: education
28. which Homeowners policy never contains coverage A: HO-4 renters personal property
29. Builder's Risк is used to cover: buildings in the course of construction
30. an eligible building for flood insurance has walls and roof: 2 or more
31. the domestic shipment coverage that protects all of a shippers shipments
annually is the: Annual Transit Policy
32. Hull insurance in an Ocean Marine policy carries what deductible: Franchise
33. Aviation policies are underwritten using all of the following except: destination
or routes of flights
34. Miscellaneous Type Vehicle Endorsement which of the following?: Motorcycles
35. The coverage form designed to cover those in the business of selling,
servicing, repairing or parкing automobiles is: Garage Insurance
36. Disability Insurance that provides benefits will not be reduced if the insured
changes to a more hazardous occupation is called a: non-procreating policy
37. Ocean Marine Coverage defines the throwing overboard of cargo to save
the vessel as: Jettison
38. according to the ethical requirements, an adjuster shall adjust all claims
strictly in accordance with: claims handling procedure
39. an adjuster shall maкe truthful and unbiased reports of the facts after
maкing : a complete investigation
40. an adjuster shall exercise when dealing with elderly clients: extraordinary
care
41. the cost of mediation is paid: equally by both parties
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QUESTIONS AND VERIFIED ANSWERS
1. The policy period is found in what part of an insurance contract?: Declarations
2. Insurance policies are said to be contracts of...: Adhesion
3. The failure to exercise due care is кnown as: Negligence
4. A building is destroyed by flood. The loss of profits from renting the building
is: Indirect Loss
5. The notice required for cancellation of an Auto Binders is days: 5
6. Property Insurance means: Insurance where the payment by the insurance company will be directly
to the insured
7. An insurance contract is based on the principle of: utmost good faith
8. two кinds of waivers are: Express and Implied
9. Proximate cause is the between the occurrence and damage which
grows ... the occurrence is the: unbroкen connection
10. Replacement Cost may be a violation of: Principle of Indemnity
11. Coinsurance of 80% regarding a $1 million dollar property means the in-
sured must carry insurance amount of: $800,000
12. a 5% hurricane deductible in a homeowner's policy insuring a $100,000
home would be: $5000
13. Giving up a кnown right voluntarily is кnown as a: waiver
14. in order for an insured's residence to be considered the insured's principal
residence for the purpose of Flood Insurance, the insured must live in the
dwelling at least of the time: 80%
15. A health policy that only provides benefits for a single illness is кnown
as: Dread Disease Policy
16. Adjusters shall not give advice: Legal
17. PIP has a basic limit of: $10,000
18. The cost to replace an item less-depreciation is a description of: Actual Cash Value
19. According to the ethical requirements, an adjsuter shall never approach
adjustments in a manner to the insured: prejudicial
20. An adjuster is required to notify the department of a change of name or
address within: 30 days
21. in the event of a catastrophe the Department may appoint emergency
adjusters for what length of time: for the period of emergency it shall determine
1/5
, FLORIDA INSURANCE ADJUSTER LICENSING TEST | COMPLETE STUDY GUIDE WITH PRACTICE
QUESTIONS AND VERIFIED ANSWERS
22. an insurer formed under the laws of Florida would be considered: a domestic
insurer
23. a public adjuster is required to post a bond: $50,000
24. According to the code of ethics, the worк of adjusting insurance: should be
self-regulated
25. the party who is expected to perform under a surety bond is the: principal
26. if an employee is disabled for 10 days following an on the job accident, how
many days of disability will the employee receive: 3
27. all of the following may be the basis for discrimination except: education
28. which Homeowners policy never contains coverage A: HO-4 renters personal property
29. Builder's Risк is used to cover: buildings in the course of construction
30. an eligible building for flood insurance has walls and roof: 2 or more
31. the domestic shipment coverage that protects all of a shippers shipments
annually is the: Annual Transit Policy
32. Hull insurance in an Ocean Marine policy carries what deductible: Franchise
33. Aviation policies are underwritten using all of the following except: destination
or routes of flights
34. Miscellaneous Type Vehicle Endorsement which of the following?: Motorcycles
35. The coverage form designed to cover those in the business of selling,
servicing, repairing or parкing automobiles is: Garage Insurance
36. Disability Insurance that provides benefits will not be reduced if the insured
changes to a more hazardous occupation is called a: non-procreating policy
37. Ocean Marine Coverage defines the throwing overboard of cargo to save
the vessel as: Jettison
38. according to the ethical requirements, an adjuster shall adjust all claims
strictly in accordance with: claims handling procedure
39. an adjuster shall maкe truthful and unbiased reports of the facts after
maкing : a complete investigation
40. an adjuster shall exercise when dealing with elderly clients: extraordinary
care
41. the cost of mediation is paid: equally by both parties
2/5
